Trump focuses on foreign policy, voters worry about cost of living
President Donald Trump kicked off his midterm campaign travel with a bipolar economy: huge growth but plummeting consumer confidence. How he navigates that tension will determine how badly Republicans fare this fall. This was the president’s message in Iowa: “Our economy is booming. Incomes are rising. Investment is soaring. Inflation has been defeated. Our border is closed.” There are good metrics to lean on. The economy grew at an annualized 4.4% rate in the third quarter. Inflation, while still above the 2% target, has slowed dramatically, with prices rising 2.7% year over ...