A Tale of Two Americas: D.C.’s Depression, America’s Revival
It’s the best of times and the worst of times.
Donald Trump’s return to the White House is being experienced by many in Washington, DC, as a calamitous upheaval, even a “bloodbath” by some.
That’s not how it looks across the country. Gallup’s economic confidence index is higher than it has been since August of 2021. The share of Americans saying the country is on the right track is up ten points to 35 percent, and the share who say they expect higher economic growth—53 percent—is the highest since 2005.
Sixty-one percent of Americans think the stock market will go up over the next six months, the highest in Gallup surveys going back to the turn of the century. The share expecting inflation to go up is the lowest it has been since 2003, while the share expecting lower interest rates is the highest…
