As President Donald Trump prepares to sit down with Chinese President Xi Jinping at the G-20 on Saturday, Americans both hope and expect that a China trade deal is on the way. That’s because they have a much more negative view of Trump tariffs than the self-proclaimed Tariff Man, new […] Read more »
Large Bipartisan Majorities Favor Growing Trade Through International Agreements
A new in-depth survey from the University of Maryland finds that large majorities of Americans have concerns about the impact of international trade on the US economy, job security, and inequality, but an overwhelming 87% support the US, together with other countries, continuing to promote the growth of trade through […] Read more »
Consumer Confidence Index Declined in June
The Conference Board Consumer Confidence Index® declined in June, following an increase in May. The Index now stands at 121.5 (1985=100), down from 131.3 in May. … “After two consecutive months of improvement, Consumer Confidence declined in June to its lowest level since September 2017 (Index, 120.6),” said Lynn Franco, […] Read more »
Notes on Excessive Wealth Disorder
… To be fair, the general public has never bought into Keynesian economics; as far as I know, most voters, if asked, will always say that the budget deficit should be reduced. In November 1936, just after FDR’s reelection, Gallup asked voters whether the new administration should balance the budget; […] Read more »
New High in U.S. Say Immigration Most Important Problem
Americans’ concern with immigration continues to be heightened, as 23% name it the most important problem facing the country. This is by one percentage point the highest Gallup has ever measured for the issue since it first began recording mentions of immigration in 1993. CONT. Jeffrey M. Jones, Gallup Read more »
The Biggest Obstacle to Trump’s Victory in 2020
… Trump’s tenure is straining one of the most enduring rules in presidential politics: the conviction that a strong economy benefits the party holding the White House. James Carville, the chief strategist for Bill Clinton’s first campaign in 1992, condensed that belief into a four-word aphorism: “It’s the economy, stupid.” […] Read more »