• Updated

President Donald Trump promised that 2026 would be a bumper year for economic growth. Instead it's kicked off with job losses, rising gasoline prices and more uncertainty about America’s future. In his recent State of the Union address, Trump said "the roaring economy is roaring like never before.” The latest batch of data on jobs, gasoline prices and the stock market suggests otherwise. There's a gap between the boom that Trump has predicted and the results he's produced. And that could set the tone in this year’s midterm elections as he tries to defend Republican majorities in the House and Senate.