कोशिश गोल्ड - मुक्त

Gut issues

The Philippine Star

|

November 11, 2024

In the end, American voters, like voters everywhere, voted based on their fears and their anger. Gut issues gave Trump a rousing victory. Americans were more worried about grocery bills and paying rent than the end of democracy.

- BOO CHANCO

Gut issues

If it was just about the economy as economists see it, America's economic metrics tell us the economy was, as described by The Economist, "glorious." It should have given Kamala Harris a landslide victory last week.

A week before the election, Nobel Prize-winning economist Paul Krugman wrote in The New York Times that the week's "data release on gross domestic product for the third quarter, the last one before the election, paints a portrait of remarkable economic success."

David Goldman, a CNN analyst, observed that "by several major metrics, the US economy is on fire, the envy of the rest of the world... Trump will be inheriting a strong economy — on paper, anyway."

Goldman provides glowing details of how good the economic numbers are:

Jobs: The biggest indicator of economic security is whether or not you have a job, and a historically high percentage of people do.

GDP: The broadest measure of the US economy is booming. Gross domestic product grew at a seasonally adjusted annualized rate of 2.8 percent last quarter, the Bureau of Economic Analysis reported. That's a healthy pace by any measure and it's on par with the economic expansion during the Trump administration, when people were feeling much better about the state of the economy.

Projected US economic growth for this year remains the strongest of any of the G7 economies, according to the International Monetary Fund.

Paychecks: Workers' paychecks are growing at a 3.9 percent adjusted rate, a faster clip than inflation, which means the amount of money Americans have to spend is growing. Inflation-adjusted disposable income per capita rose for the 27th straight month, according to the BEA, the longest streak on record.

The Philippine Star से और कहानियाँ

The Philippine Star

6,500 cops securing Cebu's Sinulog - PNP

With over 6,500 police officers and emergency response personnel deployed, the Philippine National Police (PNP) yesterday gave assurance that security measures are in place for the celebration of the Sinulog Festival in Cebu.

time to read

1 min

January 07, 2026

The Philippine Star

Jan. 9 declared special non-working day in Manila

President Marcos has declared Jan. 9 as a special nonworking day in the city of Manila for the celebration of the Feast of the Black Nazarene.

time to read

1 min

January 07, 2026

The Philippine Star

TNT Tropa, Kings brace for enemy fightback

The way Game 1 went down, there's no doubt in the minds of TNT and Barangay Ginebra that their respective opponents will be out for blood in the second match.

time to read

1 mins

January 07, 2026

The Philippine Star

Factory output drops to 4-month low in November

The country’s manufacturing output dipped to a four-month low in November last year due to slower increases in the production of food and refined petroleum products, according to the Philippine Statistics Authority (PSA).

time to read

1 mins

January 07, 2026

The Philippine Star

'8.2 M Pinoys in crisis received assistance in 2025'

Up to 8.2 million Filipinos nationwide received assistance from the Department of Social Welfare and Development (DSWD), through the Assistance to Individuals in Crisis Situations (AICS) ayuda program last year.

time to read

1 min

January 07, 2026

The Philippine Star

The Philippine Star

LEXUS EXPANDS IN METRO MANILA WITH GROUNDBREAKING OF LEXUS GALLERY - QUEZON CITY

Lexus marked a new milestone with the groundbreaking ceremony on December 16th of the new Lexus Quezon City Gallery.

time to read

1 mins

January 07, 2026

The Philippine Star

Dead woman in box identified

Police have identified the dead woman inside a plastic storage box, which was found floating in a river in Basud, Camarines Norte on New Year's Day.

time to read

1 min

January 07, 2026

The Philippine Star

Imee: 2026 budget sneakiest, not the cleanest ever

President Marcos did not actually veto any spending items in the P6.793-trillion 2026 national budget, as the portions he struck were limited to unprogrammed appropriations (UA), which are not yet backed by available funds, his sister, Sen. Imee Marcos, said.

time to read

4 mins

January 07, 2026

The Philippine Star

AFP to increase WPS operations

The Armed Forces of the Philippines (AFP) yesterday assured the public that while it expects China to continue its illegal presence and activities in the region, the military will increase and sustain its operations to secure and defend the West Philippine Sea.

time to read

1 mins

January 07, 2026

The Philippine Star

Business group wants rules on aid distribution

The Makati Business Club (MBC) is urging President Marcos to issue an executive order covering the rules and mechanisms for the disbursement of state financial aid and limiting confidential funds to promote transparency and accountability in the national budget.

time to read

1 mins

January 07, 2026

Listen

Translate

Share

-
+

Change font size