They boasted history while the receipt said no. Soft power, if soft power is a White House press gaggle that can outtalk a grocery list and still lose to the gallon.<\/p>\n
On Monday, September 28, 2026, The Guardian\u2019s Steven Greenhouse reported what anyone with a pump and a paycheck already knew in their shoulders: President Trump keeps repeating that \u201cwe have the greatest economy in history,\u201d even as inflation runs higher and growth lower than when Joe Biden left office, gas prices have jumped around 50 percent since the war against Iran started, and 73 percent of Americans think the economy is in fair or poor shape \u2014 48 percent say poor. The Federal Reserve, worried about inflation, just raised interest rates. Soft power is not a superlative. Soft power is a number that survives contact with the freezer case.<\/p>\n
Darrick Hamilton, chief economist for the AFL-CIO, called the boast \u201cbluster\u201d and \u201cgaslighting,\u201d arguing the economy is trending down by many measures and that Trump\u2019s tariffs and the Iran war pushed prices up. Inflation is at 3.4 percent, up from 3.0 percent when Biden left office; prices have been rising faster than wages. A New York Times\/Siena poll found 71 percent of voters disapprove of how Trump is handling the cost of living. Soft power is a union economist using the word gaslighting in public. Soft power is affordability that isn\u2019t a campaign prop.<\/p>\n
Over the past 12 months, per the Bureau of Labor Statistics via The Guardian: fuel oil up 52 percent; ground beef 7.2 percent; fish and seafood 6.5 percent; coffee 6.1 percent; sugar and sweets 6.1 percent; electricity 3.8 percent. The administration boasts that egg prices are down 23 percent even as gas averages $4.47 a gallon nationwide. Second-quarter growth was a modest 1.5 percent \u2014 Trump\u2019s \u201cgreat\u201d talk stretching past Kennedy\/Johnson\/Reagan years that saw full-year GDP growth over 6 percent, and past Biden\u2019s last six months at a 2.7 percent annual rate. Soft power is not an egg talking point taped over a diesel invoice. Soft power is remembering which aisle still hurts.<\/p>\n
University of Michigan consumer sentiment fell in September to its second-lowest level in the poll\u2019s 74-year history \u2014 only this past May was lower. Job growth since Trump returned has averaged about 43,000 a month, less than one-third the 145,000 average in Biden\u2019s last two years; the U.S. has lost 35,000 factory jobs since he returned, even as last month added an impressive 162,000 jobs and unemployment sits at 4.1 percent. Just 28 percent of Americans approve of Trump\u2019s economic handling in a Marquette Law School poll; only 29 percent of Republicans say the economy is better than a year ago, down from 72 percent in January. Soft power is watching your own base\u2019s nostalgia meter cool. Soft power is not calling resilience what the bottom half experiences as squeeze.<\/p>\n
Lindsay Owens of the Groundwork Collaborative put the props where they belong: pieces of the economy doing well are \u201ccompletely propped up by AI investment,\u201d while the richest 10 percent account for nearly half of consumer spending. The Yale Budget Lab estimates the average household will spend $1,100 more this year due to Trump\u2019s tariffs; Moody\u2019s Analytics\u2019 Mark Zandi puts about $1,000 more on higher fuel, food, and other prices tied to the Iran war. Owens: \u201cThese are policy-driven price hikes.\u201d Soft power is not blaming the weather for a tariff and a war. Soft power is a November that still knows how to add.<\/p>\n
Deb will reply-all that we are not doing \u201cgreatest ever\u201d math at breakfast. Buck will text that a 162,000-job month is a lifestyle win. I love them. Family week borrowed the keys; I am back in the expensive cardigan that got me walked out of the You Know Who Post for caring too loudly. Soft power is not a gaggle that outshouts the receipt. Soft power is a midterm that can still count \u2014 and a republic that refuses to confuse a boast with a budget.<\/p>\n