The Trump economy: $40tn debt, 6.7% mortgages and $5 diesel

The economic landscape under the Trump administration is facing significant challenges as rising costs due to the escalating conflict in Iran strain the nation's finances. With a staggering $40 trillion in debt, escalating mortgage rates hitting 6.7%, and diesel prices soaring to $5 per gallon, the president’s economic agenda is increasingly under pressure. This turmoil highlights the broader implications for American households and businesses, underscoring the urgency for effective fiscal strategies to navigate these turbulent economic waters.