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Midterm pocketbook pain bites Trump

Axios·September 29, 2026·1 min read
Midterm pocketbook pain bites Trump

Five weeks before the midterms, U.S. workers' pay is trailing inflation, consumer prices are up over 5% since Trump took office, and gas averages $4.48 a gallon, up $1.34 from last September. Mortgage rates top 7%, and consumer sentiment is at its second-lowest reading on record, souring voters' mood.

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