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Original headline: How is the US economy really doing under President Trump ?
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Goldman Sachs estimates higher interest rates would cut US economic growth by about 0.2 percentage points in 2027 under its baseline scenario. If borrowing costs stay near current levels, the drag would rise to just over 0.5 percentage points, more than double. Goldman expects US growth close to its estimated potential rate of 2.3% in 2027, but warns that higher financing costs could weigh on housing, consumption and business investment. Moody's Analytics chief economist Mark Zandi calls the US economy vulnerable rather than resilient, puts the odds of vulnerabilities pushing it 'completely off the rails' at about one in three, and cites weak hiring and stagnant or declining real wages. Goldman also estimates higher refinancing costs could cut business investment growth by about 0.3 percentage points in 2027 and later years, while AI infrastructure investment has stayed resilient despite flagged risks from rising leverage.
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- Trump Rallies In Kentucky , Promises $5 , 000 Checks
President Donald Trump held a rally at Northern Kentucky University in Highland Heights on Saturday (October 17), urging voters to back Republicans in the midterms, which he called “the most important midterm in the history of our country.” He warned that “radical Democrats” could undo his administration’s accomplishments and promised $5,000 checks to American voters if Republicans keep control of Congress, according to WVXU. He also announced a potential $100 million investment in a pharmaceutical plant in Winchester, Kentucky, contingent on a Republican victory. Republican candidates Eric Conroy and Ed Gallrein spoke before Trump, while Indivisible NKY organized protests nearby. Local Democratic activist Crimson MacDonald stressed the importance of voting.
- Trump Rallies In Kentucky, Promises $5,000 Checks
President Donald Trump addressed a rally at Northern Kentucky University in Highland Heights on Saturday, October 17, urging supporters to vote in the midterms. He warned that 'radical Democrats' could undo his administration's achievements if they regain power, and promised $5,000 checks to American voters if Republicans keep control of Congress. He also announced a potential $100 million investment in a pharmaceutical plant in Winchester, Kentucky, contingent on a Republican victory. Protests organised by Indivisible NKY took place nearby, with demonstrators encouraging voter turnout.
- Trump Rallies In Kentucky, Promises $5,000 Checks | News Radio 1450 WILM
President Donald Trump addressed a rally at Northern Kentucky University in Highland Heights on Saturday, October 17, urging supporters to vote in the midterms. He warned that 'radical Democrats' could undo his administration's achievements if they regain power, and promised $5,000 checks to American voters if Republicans keep control of Congress. He also announced a potential $100 million investment in a pharmaceutical plant in Winchester, Kentucky, contingent on a Republican victory. Protests organised by Indivisible NKY took place nearby, with demonstrators encouraging voter turnout.
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