AP reports that President Trump and Vice President Vance are giving contrasting messages on the economy as Americans’ confidence sinks to its lowest level in more than a decade, the average long-term U.S. mortgage rate hits its highest in nearly three years, and unemployment ticks up. Trump calls it “the golden age of America” and dismisses affordability concerns as a “hoax,” calling high gas prices “a small price to pay” for the Iran war, while Vance acknowledges gas prices are “too high” and says “we need to do more.” Some supporters, like 76-year-old retiree Conda Little, say Vance seems “more real,” while 19-year-old Texas college student Santiago Rodriguez says Trump is “out of touch.” Trump also joked that a $5,000 lunch at his Mar-a-Lago club gets diners one hamburger and a small dessert.
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Original headline: A golden age vs . were working on it : Trump and Vance give different pitches on the economy
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Donald Trumpfuel pricesmortgagesunemployment
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SPY
• NeutralSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/20/2026 | 769.05 |
| Change that session | +0.34% |
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- A golden age vs. were working on it: Trump and Vance give different pitches on the economy
The article contrasts how President Donald Trump and Vice President JD Vance talk about the economy: Trump says the U.S. is in a “golden age” and calls affordability concerns a “hoax,” while Vance acknowledges gas prices are too high and that “we're working on it.” The backdrop includes Americans' economic confidence falling to its lowest level in more than a decade, the average long-term mortgage rate reaching its highest in nearly three years, and high gasoline prices intensifying inflation. Some Trump supporters, like 76-year-old retiree Conda Little, say he “talks it up” while Vance is “more real,” but 19-year-old Texas college student Santiago Rodriguez says Trump is out of touch with the cost of living. The article also notes Trump's joke about a $5,000 lunch at Mar-a-Lago, a contrast with his wealthy background and Vance's working-class upbringing.
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