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Respect the Resilient Economy
This economy, despite growing skepticism, is performing robustly with the creation of 16 million new jobs and record corporate profits. While middle- and lower-income households face rising debt and pressures, recent compensation increases are outpacing inflation, leading to a rise in real household incomes. Political and policy-related risks pose challenges, particularly regarding deficits and election integrity, with concerns about potential electoral volatility affecting confidence in the system. Additionally, discussions around tariffs from both political parties could impact future economic stability.