The Consumer Price Index rose 2.9% over the past year, the fastest pace since early 2025. Core inflation is at 3.1%.
Just days ago, Trump claimed the US has “virtually no inflation.”
In reality, inflation continues its upward trend under Trump.... This is a "winning" economy?
Just creating a space heater for all thing related to Trump's economy.
Okay deficit Hawks...
The U.S. Government Is Spending Way More Than It’s Making
The federal government ran a $345 billion deficit for the month of August, according to a monthly report from the U.S. Treasury Thursday.
The figure exceeded expectations, as economists had forecast a shortfall of about $300 billion, according to CNBC. In reality, the government spent $689 billion while taking in $344 billion, including $30 billion from tariffs: a monthly record that still was woefully inadequate to close up the budget gap, as August saw the third-largest deficit on record this year.
In the fiscal year thus far, the United States has racked up a deficit of $1.973 trillion. That figure is $76 billion higher than it was at the same time last year, and, according to Bloomberg, is surpassed only by the years 2020 and 2021, when the U.S. was “spending extraordinary amounts to cope with the Covid crisis.”
Fiscal responsibility? LOL
Ass Hats as far as the eye can see...
July 30...
TODAY...
AXIOS: Inflation in August ticking up to the highest since 2021. Manufacturing activity shrank six months running. Unemployed workers exceeding job openings. If Biden had numbers like that, you'd be on Fox saying, 'What's going on'?
LUTNICK: So, the economy that Donald Trump owns starts at the end of this year.
AXIOS: It doesn't work that way!
THEY THINK THE AMERICAN PEOPLE ARE IDIOTS
https://x.com/atrupar/status/1966617902733258822
by JAKE Earthshine 6 years ago
Unprecedented instability, we’ve never experienced anything as chaotic and destructive as this: Greatest stock market crash in history, Unilateral trade wars with our allies instigated recklessly by Mr. Trump which is killing jobs for his own voters and everyone else, Americans dropping out of the...
by Tim Mitchell 13 months ago
We all know it will be party-line loyalty for most voters. According to Pew Research, six percent of voters for the 2022 elections crossed party lines. For the mythical independent voter, it is a binary choice for the President. We are fortunate to be able to assess two Presidents based on criteria...
by Jack Lee 7 years ago
In the 10 months of the Trump administration, we are seeing hard data that our economy is coming back. The stock market is a leading indicator of things to come. It has crossed over the 23000 mark.That is an 18% increase since Jan. 1 2017.For those who doubt this, I like to understand your...
by Dan Harmon 4 years ago
I've seen reports that the economy grew at a 33.1% during the third quarter this year - the fastest growth ever recorded in our history, and something that will likely help Trump in the election.But I have yet to see it on the nightly news. Did I miss it or (say it quietly) do our newscasts...
by lady_love158 14 years ago
http://blog.heritage.org/2011/08/25/mor … a-economy/In true 1984 double speak the WH is pointing to the CBO report on the economy as proof their policies are working! Lol! Really? Working to do what? Destroy America?? Can this country REALLY stand any more of Barack O.numb.nuts???
by Credence2 6 months ago
In the ongoing war Trump and Republicans wage on the poor, here is the next installment.After listening to Trump whine endlessly about "Obamacare" saying it needs to be repealed for something better, all we received was a "nothing burger". Now he shows us all what his ideas of...
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