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Trump's 'roaring' economy gets a rough start in 2026
Gulf Today
|March 09, 2026
President Donald Trump promised that 2026 would be a bumper year for economic growth, but instead it has kicked off with job losses, rising gasoline prices and more uncertainty about America's future.
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In his State of the Union address less than two weeks ago, the Republican president confidently told the country: “The roaring economy is roaring like never before.” The latest batch of data on jobs, pump prices and the stock market suggests that Trump's roar has started to sound far more like a whimper.
There is a gap between the boom that Trump has predicted and the volatile results he has produced - one that could set the tone in this year’s midterm elections as he tries to defend his party's majorities in the House and Senate. With Trump's tariffs drama ongoing, the war in Iran has suddenly created inflationary concerns regarding oil and natural gas. To the White House, it is still early in the year and stronger growth is coming.
“WOW! The Golden Age of America is upon us!!!” Trump posted on social media Feb. II after the monthly jobs report showed gains of 130,000 jobs in January.
Since then, the job market has evaporated in worrisome ways.
This story is from the March 09, 2026 edition of Gulf Today.
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