{"id":424660,"date":"2026-05-12T23:39:09","date_gmt":"2026-05-12T23:39:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/424660\/"},"modified":"2026-05-12T23:39:09","modified_gmt":"2026-05-12T23:39:09","slug":"amid-war-trump-says-he-doesnt-think-about-americans-financial-situation-as-inflation-spikes-to-3-8","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/424660\/","title":{"rendered":"Amid war, Trump says he doesn\u2019t \u2018think about Americans\u2019 financial situation\u2019 as inflation spikes to 3.8%"},"content":{"rendered":"<p class=\"JtBQMqmXyJmFvekYOB\" style=\"display:none\">\u201cNow if the stock market goes up or down a little bit, the American people understand,\u201d Trump continued. \u201cWhen this war is over, oil is going to drop, the stock market is going to go through the roof, and truly, I think we\u2019re in the golden age right now. You\u2019re going to see a golden age like we\u2019ve ever seen before.\u201d<\/p>\n<p class=\"JtBQMqmXyJmFvekYOB\" style=\"display:none\">Trump\u2019s approval on economic issues, which were critical to his political comeback in 2024, has fallen since he launched the Iran war.<\/p>\n<p class=\"JtBQMqmXyJmFvekYOB\" style=\"display:none\">A recent Washington Post-ABC News-Ipsos poll found that his approval rating on the economy has declined by seven points, to 34%, as gas prices have risen. Trump\u2019s approval on inflation has fallen five points in that time to 27%, and his lowest rating comes on perceptions of his handling of the general cost of living, with 23% of Americans approving vs 76% disapproving.<\/p>\n<p class=\"JtBQMqmXyJmFvekYOB\" style=\"display:none\">The poll also found that Americans disapprove of his handling of the situation with Iran by 66% to 33%.<\/p>\n<p class=\"JtBQMqmXyJmFvekYOB\" style=\"display:none\">Democratic officials and campaign strategists were quick to jump on Trump\u2019s comments, with some openly musing about using them in campaign ads against Republicans during the midterms.<\/p>\n<p class=\"JtBQMqmXyJmFvekYOB\" style=\"display:none\">Pennsylvania Governor Josh Shapiro, a Democrat, shared the clip, writing on social media that \u201cGas is over $4.60\/gallon in Pennsylvania today\u201d and Trump \u201cliterally doesn\u2019t give a damn\u201d.<\/p>\n<p class=\"JtBQMqmXyJmFvekYOB\" style=\"display:none\">At another point while talking to reporters, Trump defended his economic policies, saying \u201cIf you go back to just before the war,\u201d inflation had fallen under his watch.<\/p>\n<p class=\"JtBQMqmXyJmFvekYOB\" style=\"display:none\">Trump, who has expressed an interest in pausing the federal gas tax \u2013 which would require congressional approval \u2013 said this week that he would support governors doing so in their states. \u201cI think that\u2019s a great idea,\u201d Trump said.<\/p>\n<p class=\"JtBQMqmXyJmFvekYOB\" style=\"display:none\"><a href=\"https:\/\/www.nzherald.co.nz\/my-account\/profile\/newsletters\/?from=cmp\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.nzherald.co.nz\/my-account\/profile\/newsletters\/?from=cmp\">Sign up to Herald Premium Editor\u2019s Picks<\/a>, delivered straight to your inbox every Friday. Editor-in-Chief Murray Kirkness picks the week\u2019s best features, interviews and investigations. Sign up for Herald Premium <a href=\"https:\/\/www.nzherald.co.nz\/my-account\/subscription\/offers\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.nzherald.co.nz\/my-account\/subscription\/offers\/\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"\u201cNow if the stock market goes up or down a little bit, the American people understand,\u201d Trump continued.&hellip;\n","protected":false},"author":2,"featured_media":424661,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[5350,1443,37227,6336,534,3378,806,138,1738,10709,23788,4187,3054,3042,6435,4527,2178,14030,10668,219,1644,71,1360,692,43300,1943,16609,4188,111,139,69,3459,2572,29058,16134,3048,312,33397,43973,1361,5662,61,2179,140046,24687,6149],"class_list":["post-424660","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-5350","tag-about","tag-addressing","tag-americans","tag-amid","tag-appeared","tag-as","tag-business","tag-campaign","tag-concerns","tag-consider","tag-cost","tag-criticism","tag-democrats","tag-does","tag-doesnt","tag-donald","tag-drew","tag-economic","tag-economy","tag-financial","tag-from","tag-having","tag-he","tag-impacts","tag-inflation","tag-iran","tag-living","tag-new-zealand","tag-newzealand","tag-nz","tag-pledge","tag-president","tag-quickly","tag-remarks","tag-said","tag-says","tag-situation","tag-spikes","tag-that","tag-think","tag-to","tag-trump","tag-undermine","tag-voters","tag-war"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/424660","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=424660"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/424660\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/424661"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=424660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=424660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=424660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}