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** The many ways Donald Trump threatens American prosperity
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By Will Marshall
Founder and President of the Progressive Policy Institute
for The Hill ([link removed])
A healthy U.S. economy is finally emerging from inflation’s shadow, enabling Americans to see and feel its underlying strengths. Is the good news ([link removed]) coming in time to give Vice President Kamala Harris ([link removed]) a boost in the November election?
Normally, a vibrant economy lifts political incumbents, but polls show U.S. voters are still preoccupied with high living costs. Harris offers a slew of proposals ([link removed]) for driving down the cost of housing, food, health care and other necessities.
That’s essential, but with inflation and interest rates falling, Democrats have a stronger economic hand to play. They can point at growing evidence that working families are benefiting from the U.S. economic boom, and point out that Donald Trump’s ([link removed]) slapdash economic ideas and frantic pandering ([link removed]) threaten to derail it.
Research by my colleague Michael Mandel shows that with inflation easing, wages for working-class Americans have risen higher ([link removed]) than they were on Election Day 2020. In other words, U.S. workers are better off today than they were under Trump.
In addition to milder headwinds from inflation, Mandel attributes the rise in real wages to a revival of U.S. productivity growth, driven by a combination of strong government and corporate investment since 2020.
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