Eyes turn to Singapore this week as President Donald Trump and North Korean leader Kim Jong Un prepare to meet for the first time. While previous communication between the two leaders was marked by hostility, the meeting came about following North Korea’s more recent promises to suspend missile tests and […] Read more »
Left Economy, Right Economy
… Since the 2016 election, the partisan economic expectations gap—that is, the difference between Republicans’ and Democrats’ assessment of the economy’s direction—has widened to an unprecedented level, going from roughly 20 points during the presidencies of Ronald Reagan, George W. Bush, and Barack Obama to 56 points today. Democrats now […] Read more »
Whites’ Unease Shadows the Politics of a More Diverse America
… Mr. Trump’s rise to the presidency prompted widespread efforts to understand the motivations of the white working-class voters who propelled him into the White House. It fueled scorching debates over the role that racism played in the presidential election. Economists proposed that workers in distress because of trade and […] Read more »
Americans are generally positive about free trade agreements, more critical of tariff increases
Americans’ views of free trade agreements, which turned more negative during the 2016 presidential campaign, are now about as positive as they were prior to the campaign. And when asked about proposed tariffs on steel and aluminum, more say they would be bad for the country than say they would […] Read more »
CBS News Poll: Trump’s job approval ticks up
President Trump’s approval rating has inched up to 40 percent, the first time in a year that the president’s approval has hit that mark. A majority still disapproves. The president’s rating on handling North Korea elicits positive ratings for him; his handling of the economy is mixed and ratings on […] Read more »
Impact of tax reforms on confidence neutralized by tariffs
Consumers remain confident that inflation and unemployment will remain low during the year ahead and wages will continue to slowly improve, according to the University of Michigan Surveys of Consumers. The recent small variation in the Sentiment Index has been due to favorable impact from the tax reforms legislation, which […] Read more »