Latest GDP Figures Show Rich Reaping Rewards as Working Class Continues to Suffer Under Trump

Trump’s allies this week hyped up newly released data showing that the US economy grew by more than 4% in the third quarter of 2025, but economists and journalists who dove into the report’s finer details found some troubling signs.

Ron Insana, a finance reporter and a former hedge fund manager, told MS Now‘s Stephanie Ruhle on Tuesday night that there is a “split economy” in which growth is being driven primarily by spending from the top 20% of income earners, whom he noted accounted for 63% of all spending in the economy.