economic uncertainty spikes while the president’s approval ratings tank
- Written by Steve Schifferes, Honorary Research Fellow, City Political Economy Research Centre, City St George's, University of London
When US president Donald Trump took office in January he inherited a strong economy, which was growing faster than those of many of its rivals. Nevertheless, he won the election in November on the back of strong voter dissatisfaction with the economy, especially the cost of living. This is the legacy of high inflation sparked first by COVID and...