President Trump spent 20 months saying the US economy was about to boom. But the August jobs report made him unhappy.
川普總統花了20個月說美國經濟快要繁榮了,但八月的就業報告讓他很不滿意。
The report said 162,000 new jobs were added, more than expected. But Trump criticized inflation and interest rates in the Oval Office.
報告說新增了16.2萬個工作機會,比預期多,但川普在橢圓形辦公室批評通膨和利率。
He disagreed with the idea that job growth makes inflation worse.
他反對「就業增長會讓通膨更嚴重」的看法。
He said, "Success does not cause inflation; stupidity does."
他說:「成功不會導致通膨,愚蠢才會。」
He thought it was "crazy" that the stock market fell because of worries about inflation.
他覺得股市因為擔心通膨而下跌是「瘋狂的」。
In his second term, slower hiring and rising prices troubled Trump.
在他的第二任期內,招聘變慢和物價上漲讓川普很困擾。
The "Trump economic boom" he promised has not appeared yet.
他承諾的「川普經濟繁榮」還沒有出現。
The yearly economic growth rate is now about 2%, lower than during Biden's time.
現在每年的經濟增長率大約是2%,比拜登政府時期低。
Trump blamed the slow growth on rising interest rates for government debt. He also threatened to stop trade with other countries.
川普把增長不夠快的原因歸給政府債務的利率上升,還威脅要停止和外國的貿易。
The national debt has passed 40 trillion dollars. The ten-year bond yield rose to 4.79% on Friday.
國債已經超過40兆美元,十年期國債殖利率在週五升到4.79%。
Trump's economic approval rating was only 32% in mid-summer. That is much lower than the 50% before the 2018 midterm elections.
川普的經濟支持率在夏天中期只有32%,遠低於2018年中期選舉前的50%。
His threat to cut foreign trade could hurt growth. Tariffs on Canada have already affected Republican support in some states.
他威脅切斷外貿可能傷害增長,對加拿大收關稅已經影響了部分州的共和黨選情。
White House officials say the policies are working. They expect artificial intelligence to raise productivity and tariffs to bring factory jobs back.
白宮官員則說政策正在起作用,他們預期人工智慧會讓生產力更高,關稅會把工廠工作帶回來。
Economists say that growth alone cannot easily solve the debt problem.
經濟學家指出,只靠增長很難解決債務問題。
If the Federal Reserve cuts interest rates, it could make inflation worse.
如果聯準會降息,可能讓通膨更嚴重。
Treasury Secretary Bessent says he is working with the White House budget director. They want to announce a plan to lower debt and the deficit.
財政部長貝森特說,他正和白宮預算主任合作,要宣布降低債務和赤字的計畫。
But cutting spending or raising taxes could cause political difficulties.
但減少支出或增加稅收可能帶來政治上的困難。
RSM US chief economist Brusuelas says the government needs a time when spending grows more slowly. This would help calm financial markets.
RSM US首席經濟學家布魯蘇拉斯強調,政府需要經歷一段支出增長變慢的時間,才能讓金融市場安心。