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International Business Times UK
International Business Times UK
Welbert Bauyaban

Donald Trump Unwittingly Admits Looming Economic Fears At White House Picnic Event

A president who built his brand on prosperity is discovering that markets can soar while public faith quietly slips away. (Credit: Gage Skidmore from Peoria, AZ, United States of America, CC BY-SA 2.0 , via Wikimedia Commons)

Donald Trump used a White House picnic on Tuesday to hail what he called a 'thriving' US economy, but then appeared to concede that many Americans are not feeling the benefits, telling guests: 'We have an economy, people aren't seeing it yet.'

The remarks came at the annual Congressional Picnic on the South Lawn, where the president sketched a rosy picture of record stock market highs, easing inflation, and what he described as historic job figures. He presented his administration as the engine of a powerful economic rebound, even as official data and market signals paint a more mixed, and more anxious, picture.

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