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Showing posts with the label Trumpsqueeze

The Trumpsqueeze: Higher Prices, Higher Interest Rates, Fewer Jobs

The U.S. economy is entering a difficult phase that deserves its own name: the Trumpsqueeze . The Trumpsqueeze describes an economy in which households and businesses are simultaneously pressured by elevated prices, high borrowing costs, slower employment growth, and weakening wage momentum . It is not exactly stagflation. Economic output can still grow. Corporate profits can remain strong. Financial markets can even rise. But underneath those headline numbers, consumers and smaller businesses can find themselves increasingly squeezed. For Black and minority-owned businesses, that squeeze can be even more severe. What is the Trumpsqueeze? The Trumpsqueeze can be summarized as: Higher operating costs + higher borrowing costs + slower hiring and wage growth = shrinking economic room to maneuver. The latest data illustrate the problem. The U.S. economy added only 29,000 jobs in September 2026 , while the unemployment rate increased to 4.2% . The Bureau of Labor Statistics also revised Jul...