Post #5147

📰“Let Them Eat S&P”: Trump’s Victory Lap on a Broke Country Donald Trump has decided the affordability crisis is over because the Dow hit 50,000, gas is under three bucks, and January’s jobs report beat expectations. In Fox interviews and troop speeches, he’s back in full salesman mode: “greatest economy ever,” inflation “finally cooling,” real wages “finally growing,” and anyone not winning in their 401(k) is just a “pretty bad investor.” Meanwhile, roughly 40 percent of American adults don’t have a retirement account at all, and consumer sentiment among people without stocks is scraping its lowest levels in years — they don’t own the rally, they just pay the bills. His own pollsters can see the crack in the mirror. A Reuters–Ipsos survey has just 28 percent of Americans saying the economy is on the right track, and 59 percent disapprove of how he’s handling their cost of living, with nearly half “strongly.” The stock boom is mostly driven by AI spending from Big Tech — data centers that guzzle power and hire few people — while rents, mortgages and groceries still feel brutal enough that even conservative number‑crunchers mock the White House mantra as “let them eat S&P.” Trump’s advisers spent months begging him to sound empathetic, blame Biden, and acknowledge the squeeze; now that a few charts look pretty, he’s gone back to telling people they’re wrong about their own wallets. So the message going into the midterms is simple and suicidal: if you’re still struggling with rent, food and housing, that’s your perception problem — not his policy problem. The president points to Wall Street and AI‑driven GDP growth as proof he fixed “Biden’s disaster,” while a majority of voters look at their paychecks, their carts, their rent hikes and answer with numbers of their own. In this version of “affordability,” the index is up, the narrative is set, and anyone who doesn’t feel richer just got quietly written out of the success story. #usa#trump#economy#inflation#inequality#fakeDemocracy 📱American Оbserver - Stay up to date on all important events 🇺🇸