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As consumer confidence in the economy plummets, the political fallout poses a major challenge for the Trump administration.Washington Today
Americans are expressing unprecedented pessimism about the U.S. economy, with soaring inflation exacerbating the political challenges for President Donald Trump and his Republican Party ahead of crucial midterm elections. The latest government data shows prices surging, driven by spiking energy costs from the ongoing war with Iran, and consumer sentiment plunging to record lows across demographic groups.
Why it matters
Inflation and the economy are perennial top concerns for U.S. voters, and the current downturn in sentiment poses serious political risks for Republicans as they fight to maintain their slim congressional majorities in the November midterms. The White House is…