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Saturday, Aug. 22, 2026

Trump is living inside a billionaire bubble in the White House

By Charles Herman

Trump is living inside a billionaire bubble in the White House

By Charles Herman

President Donald Trump has long boasted that he understands ordinary Americans better than other politicians.

 

But this week offered signs that he may be out of step with public opinion, especially when it comes to the economy.

 

Trump is embracing cryptocurrency even as Americans express concern about his financial ties to the industry. He’s touting AI data centers that have become politically toxic. And his administration is filled with multimillionaires and billionaires to a degree unmatched by his predecessors.

 

Outside the White House bubble, warning lights are flashing. Gas prices keep climbing. The national debt just passed $40 trillion. And investors are pushing long-term interest rates to levels not seen in nearly two decades, reflecting concerns about inflation, borrowing and the economy.

 

Taken together, these developments raise questions about how removed the president may be from the economic concerns of many Americans.

 

This is a preview of an article by Charles Herman. Read the full article here.

Respond directly to Charles Herman’s article by submitting a letter to the editor through this form. Read our submission guidelines here. 

Respond directly to Charles Herman’s article by submitting a letter to the editor through this form. Read our submission guidelines here. 

 
 

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