{"id":56694,"date":"2025-12-09T23:43:14","date_gmt":"2025-12-09T23:43:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-pa\/56694\/"},"modified":"2025-12-09T23:43:14","modified_gmt":"2025-12-09T23:43:14","slug":"trump-gives-economy-speech-in-pennsylvania-amid-affordability-fear","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-pa\/56694\/","title":{"rendered":"Trump gives economy speech in Pennsylvania amid affordability fear"},"content":{"rendered":"<p>[The stream is slated to start at 6:10 p.m. ET. Please refresh the page if you do not see a player above at that time.]<\/p>\n<p>President <a href=\"https:\/\/www.cnbc.com\/donald-trump\/\" rel=\"nofollow noopener\" target=\"_blank\">Donald Trump<\/a> is scheduled to deliver remarks on the U.S. economy as he works to sell a message of economic success to a country increasingly concerned about the cost of living.<\/p>\n<p>The speech in Mount Pocono, Pennsylvania, comes as data show Americans feeling squeezed by high prices, which continue to creep up despite Trump&#8217;s insistence that he has all but conquered inflation.<\/p>\n<p>The most recent <a href=\"https:\/\/www.cnbc.com\/2025\/11\/25\/consumer-confidence-lowest-point-since-april.html\" rel=\"nofollow noopener\" target=\"_blank\">consumer confidence survey<\/a> for November found economic sentiment falling to its lowest point in seven months. <\/p>\n<p>And while the inflation rate has <a href=\"https:\/\/data.bls.gov\/timeseries\/CUUR0000SA0&amp;output_view=pct_12mths\" target=\"_blank\" rel=\"nofollow noopener\">retreated from its highs<\/a> during the middle of the Biden administration, it remains on an upward trajectory. The most recent year-over-year consumer price index reading, of <a href=\"https:\/\/www.cnbc.com\/2025\/10\/24\/cpi-inflation-september-2025.html#:~:text=Inflation%20rate%20hit%203.0%25%20in,long%2Dawaited%20CPI%20report%20shows&amp;text=The%20consumer%20price%20index%20showed,%25%2C%20both%20lower%20than%20expected.\" rel=\"nofollow noopener\" target=\"_blank\">3% in September<\/a>, is the same level as where it stood in January.<\/p>\n<p>Democrats, who hope to retake majority control of at least one chamber of Congress in the 2026 midterms, have focused intently on a message of affordability, while blaming Trump&#8217;s tariffs and other economic policies for high prices.<\/p>\n<p>Trump has chafed at that messaging, asserting that affordability is a &#8220;Democrat hoax&#8221; and that he is cleaning up his predecessor&#8217;s economic mess.<\/p>\n<p>In an <a href=\"https:\/\/www.politico.com\/news\/2025\/12\/09\/donald-trump-full-interview-transcript-00681693?nid=0000014f-1646-d88f-a1cf-5f46b7bd0000&amp;nname=playbook&amp;nrid=00000168-ddbb-d450-a7e9-fdbfac350000&amp;utm_source=semafor\" target=\"_blank\" rel=\"nofollow noopener\">interview with Politico<\/a> on Monday, Trump said he would give his economy a grade of &#8220;A-plus-plus-plus-plus-plus.&#8221;<\/p>\n<p>The domestic trip to a key swing state marks a return to the sort of voter outreach that defined Trump&#8217;s political campaigns, but has <a href=\"https:\/\/www.nytimes.com\/2025\/11\/25\/us\/politics\/trump-age-health.html\" target=\"_blank\" rel=\"nofollow noopener\">grown rarer<\/a> during the 79-year-old&#8217;s first year back in the White House.<\/p>\n<p><a href=\"https:\/\/www.youtube.com\/c\/CNBC?sub_confirmation=1\" target=\"_blank\" rel=\"nofollow noopener\">Subscribe to CNBC on YouTube.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"[The stream is slated to start at 6:10 p.m. ET. Please refresh the page if you do not&hellip;\n","protected":false},"author":2,"featured_media":56695,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[31279,31280,26943,30741,34,61,4481,28,30,29,50,31094,66],"class_list":["post-56694","post","type-post","status-publish","format-standard","has-post-thumbnail","category-pennsylvania","tag-breaking-news-economy","tag-breaking-news-politics","tag-business-news","tag-donald-j-trump","tag-donald-trump","tag-economy","tag-inflation","tag-pennsylvania","tag-pennsylvania-headlines","tag-pennsylvania-news","tag-politics","tag-u-s-economy","tag-united-states"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/56694","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/comments?post=56694"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/56694\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media\/56695"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media?parent=56694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/categories?post=56694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/tags?post=56694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}