The shift in expectations about the economy’s future was driven by Republicans getting happier as Democrats turned sour.
The Trump administration comes into power with many policy goals, including economic initiatives like enacting significant tax cuts; imposing broad-based and significant tariffs; sweeping raids, mass deportations and tighter immigration controls;
The economy sped up in November and kept the U.S. on track for another strong quarter of growth, fueled by optimism about falling interest rates and the prospect of a pro-business Trump administration,
The latest Yahoo News/YouGov results illustrate the powerful effect that partisanship can have on people’s perception of reality.
This dichotomy shows up neatly in the latest University of Michigan consumer sentiment data. The sentiment index for Republicans jumped from 53.6 in October to 69.1 in November, putting it at the highest level since shortly after President Joe Biden took office in 2021.
In analyzing the loss, Harris’s team also credits the Trump campaign with reaching sporadic voters, especially young men, through new media channels.
Every four years, we elect a new president to lead our nation. Also referred to as "the leader of the free world," this person is often judged and associated with how the economy is doing when
House Minority Leader Hakeem Jeffries (D-NY) said the economy, not racism or misogyny, was the deciding factor in Donald Trump's electoral victory.
"The U.S economy is the envy of the world," said Rutgers Business School finance professor Parul Jain. "Why didn’t that message get through to the electorate?” “There’s always a big lag between objective economic indicators and public opinion ...
Donald Trump’s trade plan for 2025 would hit China and Mexico hard as well as cause global damage. But he will struggle to implement it in full
Nearly 2 million undocumented immigrants are the backbone of some industries, and they pay billions in taxes for services they never receive.
While the incoming administration may not know exactly how to fix healthcare, the opportunity for substantive, system-wide change may be in front of us.