Trump admits that the administration has trouble convincing Americans that the economy is good

Polls show Republicans may lose their majority on Capitol Hill. Donald Trump admits that his administration has a problem convincing Americans that the economy is doing well. The president says the United States has the best economy. There is no economy like this economy. We don't seem to be able to pass it on, he said.

The president said his team communicated its economic successes "very poorly." These are important words because the economy may be one of the most important topics of the American debate before the Congressional elections.

Cost of living is an important issue for voters

Trump argues that his policies are working, but many Americans are not yet feeling the impact in their own wallets. Rising prices and the cost of living remain a much more tangible problem for people in the United States than the numbers presented by the White House. Consumer sentiment is also not a reason for satisfaction for the administration. U.S. consumer confidence has dropped to levels not seen in about 12.5 years, according to the latest data.