UPDATE: President Donald Trump held a rally in Rocky Mount, North Carolina earlier today, attempting to bolster his economic agenda amid plunging approval ratings. With a recent survey showing that only 36% of Americans approve of his economic management, the stakes are high as he heads into a two-week vacation at his Palm Beach resort.
In a speech that lasted nearly an hour, Trump struggled to maintain focus, often diverging into unrelated topics. He touted pharmaceutical agreements designed to lower drug prices, claiming they will help his party retain control of Congress in the upcoming midterms. “Your drugs are coming down at levels that nobody ever thought was possible,” he stated, hoping to sway voters despite the economic struggles many are facing.
However, Trump’s claims were met with skepticism as he falsely blamed the Affordable Care Act for rising premiums. “I want the money to go directly to the people so you can buy your own health care,” he asserted, yet provided no clear plan for how individuals could afford better insurance options.
As he continued, Trump shifted to economic statistics, asserting that “100 percent” of jobs created during his presidency are in the private sector. He highlighted his administration’s tariffs, including 25% on foreign cars and 50% on steel, declaring, “You’ve been decimated, but it’s coming back.” Despite these claims, many attendees may not be convinced of his narrative, as recent data reveals troubling trends in the U.S. economy.
According to the latest Bureau of Labor Statistics report, the U.S. economy added 64,000 jobs last month but lost 105,000 jobs in October alone. The national unemployment rate has climbed to 4.6%, its highest since 2021. The economic outlook appears dim, with 52% of Americans believing the country is in a recession.
Trump’s rally comes at a time when a National Public Radio/Marist College survey shows a staggering 70% of respondents feel that the cost of living in their neighborhoods is unaffordable. This sentiment cuts across party lines, with nearly half of Republican respondents sharing the same view.
As Trump prepares to depart for his vacation, his low approval ratings pose a significant challenge. His overall approval now stands at just 38%, marking the lowest level since the end of his first term in 2021. With economic concerns looming large for many Americans, Trump’s push to promote his economic agenda faces an uphill battle.
Looking ahead, all eyes will be on how Trump’s administration adapts to the growing dissatisfaction among voters. With key midterm elections approaching and economic uncertainties persisting, the impact of today’s rally could resonate well beyond North Carolina. Will he be able to regain public trust and support? Only time will tell, but the urgency for change is palpable.
Stay tuned for updates as this developing story unfolds.
