LIZ PEEK: The Trump economy is doing better than the media want to admit
In an opinion piece for Fox News, columnist Liz Peek argues that the US economy under President Donald Trump is performing better than mainstream media coverage suggests, and urges Republicans to publicise this record of tax cuts and growth ahead of the midterm elections. She contends that positive economic indicators are being under-reported, leaving Trump and his party without full credit for the current state of the economy.
Peek cites low unemployment, rising real wages, a strong stock market and booming investment as evidence of economic strength. She acknowledges inflation remains above the Federal Reserve's target but notes it eased last month, with the most recent reading at 3.5% (2.6% excluding volatile food and energy prices), and predicts it will fall further once oil prices settle.
- Columnist says Trump economy outperforms negative media narratives.
- Cites low unemployment, rising wages, strong stocks, cooling inflation.
- Urges Republicans to promote this record before the midterms.