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

US backs security guarantees for Ukraine at Paris summit

The United States for the first time on Tuesday backed a broad coalition of Ukraine's allies in vowing to provide security guarantees that leaders said would include binding com-mitments to support the country if Russia attacks again.

time to read

1 min

January 08, 2026

The Philippine Star

Rice tariff collection plunges 60% in 2025

The government's rice tariff collection in 2025 fell by more than half on an annual basis to P13.7 billion as import volume skid to its lowest level in four years, coupled with a historic low tariff rate.

time to read

2 mins

January 08, 2026

The Philippine Star

Tulfo seeks affordable health care for teachers

Sen. Raffy Tulfo has filed a measure seeking to institutionalize accessible and affordable hospital services for public school teachers and their dependents.

time to read

1 min

January 08, 2026

The Philippine Star

DOH to release MAIFIP rules vs pol guarantees

The Department of Health expects the guidelines for a program providing medical aid to needy patients to be completed by the middle of February, as it maintained that patients seeking treatment in DOH-run hospitals do not need to seek “guarantee letters” from politicians.

time to read

2 mins

January 08, 2026

The Philippine Star

LTO defends ‘reckless driving’ tag in Deakin case

The Land Transportation Office on Tuesday said the son of vlogger and road safety advocate James Deakin committed reckless driving after crossing a double solid line on Skyway Stage 3, a maneuver the LTO said violates universal traffic rules.

time to read

1 min

January 08, 2026

The Philippine Star

PCG aids Chinese crewman off Basilan

ZAMBOANGA CITY - The Philippine Coast Guard (PCG) on Tuesday aided a Chinese seafarer accidentally electrocuted on a dry bulk carrier transiting the Basilan Strait.

time to read

1 min

January 08, 2026

The Philippine Star

PhilHealth benefit payments surge 76% to P289 B in 2025

The state-run Philippine Health Insurance Corp. (PhilHealth) reported a significant surge in its benefit payments, underscoring a substantial expansion in the state health insurer's financial support and assistance to its members compared to 2024.

time to read

1 min

January 08, 2026

The Philippine Star

The Philippine Star

GREAT POST-HOLIDAY FINDS AT DAPITAN ARCADE (WITH THE BONUS OF SUKI MARKET)

As far as markets go, one of my very favorites is right here in Quezon City and just a 10-minute drive from my home.

time to read

3 mins

January 08, 2026

The Philippine Star

UP Diliman Law grad leads 5,594 Bar passers

Out of 11,420 examinees, Jhenroniel Rhey Timola Sanchez, a University of the Philippines graduate, aced the 2025 Bar examinations with a score of 92.70 percent.

time to read

2 mins

January 08, 2026

The Philippine Star

Suspect in murder of woman-in-box surrenders

A security guard tagged as the principal suspect in the murder of a 38-year-old woman whose body was found in a plastic storage box in Camarines Norte surrendered to police yesterday.

time to read

1 min

January 08, 2026

Listen

Translate

Share

-
+

Change font size