Surrounded by billionaires in Davos, Trump plans to lay out to Americans how he'll make housing more affordable
PBS • • business
Key Points:
- President Donald Trump plans to address housing affordability at the World Economic Forum in Davos, a luxury Swiss ski town, highlighting a contrast between his message and the wealthy environment he is engaging with.
- Despite campaigning as a populist focused on lowering living costs, Trump's first year in office has prioritized foreign policy and relationships with billionaires over direct engagement with working-class Americans.
- Polls show growing public skepticism about Trump's impact on affordability, with only 16% of Americans feeling he has helped much, down from 49% earlier in his presidency.
- Trump's economic approach centers on attracting investments from billionaires and foreign nations, alongside tax cuts and deregulation, which critics argue disproportionately benefit the ultra-wealthy rather than addressing core issues
