"WASHINGTON (AP) - President Donald Trump delivered a politically charged speech Wednesday carried live in prime time on network television, seeking to pin the blame for economic challenges on Democrats while announcing he is sending a $1,776 bonus check to U.S. troops for Christmas. The remarks came as the nation is preparing to settle down to celebrate the holidays, yet Trump was focused more on divisions within the country than a sense of unity. His speech was a rehash of his recent messaging that has so far been unable to calm public anxiety about the cost of groceries, housing, utilities and other basic goods."
"Trump has promised an economic boom, yet inflation has stayed elevated and the job market has weakened sharply in the wake of his import taxes. Trump suggested that his tariffs - which are partly responsible for boosting consumer prices - would fund a new "warrior dividend" for 1.45 million military members, a payment that could ease some of the financial strains for many households. The amount of $1,776 was a reference to next year's 250th anniversary of the signing of the Declaration of Independence. "The checks are already on the way," he said of the expenditure, which would total roughly $2.6 billion."
President Donald Trump gave a prime-time, politically charged address that blamed Democrats for economic problems and announced a $1,776 Christmas bonus for 1.45 million U.S. troops. The payment, described as a "warrior dividend," would be funded in part by tariffs and total roughly $2.6 billion. Inflation has remained elevated and the job market has weakened sharply after the imposition of import taxes, contributing to public anxiety over groceries, housing, utilities and other basics. He spoke from the White House Diplomatic Reception Room beside Christmas trees and a portrait of George Washington and characterized the economy he inherited as a mess he is fixing while promising a looming economic boom.
Read at Boston.com
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