Trump Approval Hits Record Low as White House Defies Economic Reality

Commerce Secretary Howard Lutnick recently dismissed widespread concerns, telling CNBC that the U.S. currently possesses the greatest $30 trillion economy in the world. He insisted that nothing bad is happening, despite data showing that costs for basic necessities like groceries and electricity continue to climb. This rhetoric mirrors President Trump’s recent claims at a Pennsylvania rally, where he labeled public anxiety over rising costs a hoax orchestrated by Democrats.

Economic experts, including University of Michigan economist Betsey Stevenson, warn that the administration is playing with fire by denying verified inflation trends. Even within the GOP, fissures are appearing. Senator Lisa Murkowski cautioned that dismissing voter struggles as a hoax is a losing strategy, while other Republicans have expressed unease over the optics of building a luxury ballroom at the White House while constituents struggle to make ends meet.