Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to experience risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Reuters Warns: Trump’s Economic Statements Are Confusing and Could Hurt the Midterm Elections
Trump’s miscommunication on economic issues may impact the Republican midterm election performance. He claims inflation has been defeated, but the actual data does not support this, and he has repeatedly deviated from economic topics, leading to voter confusion. Inside the Republican Party, there are concerns that this situation could undermine key swing district candidates. According to a report by BlockBeats on February 10, Reuters analysis points out that Trump’s miscommunication on inflation and living costs is creating risks for the upcoming Republican midterm elections. Several Republican strategists and former government economic officials warn that Trump may be repeating Biden’s mistakes during high inflation periods, damaging his own and the Republican Party’s credibility on the economy, which voters care most about.
Since December last year, in five economic speeches, Trump has claimed nearly 20 times that inflation has been defeated and nearly 30 times that prices are falling, but the actual data and public perception do not support this. Over the past year, inflation remains close to 3%, with ongoing increases in daily expenses such as ground beef prices rising 18% year-over-year and ground coffee up 29%. Reuters statistics show that in about five hours of speeches, nearly half the time Trump deviates from economic topics, frequently shifting to immigration, foreign policy, and attacks on political opponents.
Within the Republican Party, there are concerns that his self-described “interjected” speech style is obscuring his core economic positions, making it difficult for voters to form a clear understanding. Republican strategists openly state that if Trump continues to make disconnected statements before the November midterm elections, it could harm Republican candidates in key swing districts. Polls show that only about 35% of Americans approve of Trump’s handling of the economy, significantly lower than during the early days of his presidency.
Many former government economic officials believe that the most critical thing for the president in an election year is to demonstrate an understanding of voters’ economic struggles. They warn that ignoring this is a major reason Biden may lose in the 2024 election.