Trump keeps heralding an economic boom, but even a solid jobs report is causing problems for him

President Donald Trump’s 20-month message of an impending economic boom ran into backlash after an unexpectedly strong jobs report. Speaking from the Oval Office, Trump reacted to August’s gain of 162,000 jobs—normally a positive sign—by railing instead about inflation and interest rates, targeting the financial markets, the Federal Reserve, and U.S. trade partners. He argued the “success” in hiring would not drive inflation and called it “crazy” that stocks fell amid rate concerns. The AP notes Trump has struggled to deliver instant, historic growth in his second term as GDP has grown around 2% annually, while the 10-year Treasury yield rose to 4.79% and national debt topped $40 trillion.