On economy, Vance says "we're turning the ship around"

Vice President JD Vance acknowledged that fixing the economy will take time, as many Americans voice discontent with its direction. Speaking at a Michigan town hall that CBS News aired Saturday evening, he said the nation's problems did not arise during a single presidential term and cannot be reversed in under 18 months. A woman whose small business is struggling had asked him about conditions on the ground.

Polls cited by CBS News show most Americans are unhappy with the economy and angry about inflation, and a majority of voters hold the Trump administration's policies responsible. President Donald Trump, by contrast, has rated his administration's economic performance an "A+."

When "CBS Evening News" anchor Tony Dokoupil asked him about that grade, Vance said the president was pointing to large new investments flowing in. He added that Trump would also concede that factories must be built before workers can be hired to staff them. Vance summed up the administration's approach by saying it is changing the economy's course, describing the effort as turning the ship around.

Summarized by PolitiKool from CBS News’s reporting. Read the full story at CBS News →