President Donald Trump proclaimed an economic golden age under the Golden Arches. But while he may have a regular guy’s taste in fast food, he’s looking oblivious to the wrenching price pressure haunting millions of Americans.
“There’s never been a time like this,” he declared Monday at a summit of McDonald’s franchise owners in Washington. The president waxed lyrical about his favorite Filet-O-Fish sandwiches and fondly recalled his turn working the fry station at one of the fast-food giant’s Pennsylvania restaurants last year.
But Trump’s overall message was jarring, as he argued the economy was super-sized even while millions struggle to afford the cost of living. “You know, I just might add, this is also the golden age of America, because we are doing better than we’ve ever done as a country. Prices are coming down and all of that stuff,” Trump said.
He went on, “We are looking at affordability — we are going to bring it down for everybody because not everybody understands the fact that a great stock market is great for everybody,” including 401Ks.
Citizens lucky enough to have pension funds linked to record stock markets have done well recently. But they’ve also been punished by daily costs and the money in their paychecks not going as far. And that leaves the common touch Trump effectively highlighted as a candidate now in question. Political peril lurks for him in the gap between a complex reality and his happy talk about the economy — punctuated in his speech Monday by digressions over his renaming of the Gulf of Mexico and his obsession with slow-running taps.
Trump came over all poetic about th
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