Daily household costs continue to increase for American families as shown in today’s Consumer Price Index data release from the U.S. Bureau of Labor Statistics. While headline CPI came in at an increase of 0.2 percent, housing costs – including energy costs – increased at an even higher rate of inflation. Given that the average […]
Tag: Inflation
Trump’s promised economic ‘boom’ looking more like a bust
Often quoted on the campaign trail, then presidential candidate Donald Trump promised American voters that, if elected, the country would see an economic “boom like no other.” Well, Trump’s promised boom is looking increasingly like a big bust. Yesterday, S&P released its flash PMI Index and business sentiment survey, and the downward trends should make the Administration take […]
Can’t stop his meddling ways – President continues to interfere where he doesn’t belong
In an incredibly incoherent, statistically false, and grammatically questionable post to Truth Social, President Trump again publicly put himself in the middle of a policy debate in which he doesn’t belong. Although painful to read, to give context, here is the full text of the post: “”Preemptive Cuts” in Interest Rates are being called for […]
Never let facts get in the way of a good spin story
Yesterday, on ABC News This Week, Jonathan Karl interviewed United States Secretary of Commerce, Howard Lutnick. The interview covered various issues related to the Administration’s chaotic tariff policy. Partway through the interview, Lutnick made an awkward transition away from the topic at hand – the recent, seemingly last-minute flip-flop on specific electronics tariffs – and […]