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BB's avatar

That's funny it was just reported that prices went up even more because of Trumps tariffs. It's amazing how you have to lie about the tariffs ot protect the BUFFOON. Prices are higher now than when Biden was in office. The moron said he would lower prices on day one. But what the BUFFOON did was increase the prices with his tariffs. That's why the BUFFOON has a 36% disapproval rating.

Gopher651's avatar

Small businesses around here did not fare so well. Many didn't survive. They didn't have the purchasing power of the larger corps.

Jenny Hendley's avatar

The boss is the best economic analyst ever. Viva TRUMP πŸ‡ΊπŸ‡Έ. Thanks @amuse for this brilliant piece, LOVE your interpretation.

c Anderson's avatar

The difference between the Trump administration and the Biden administration in how the indices are used and reported also is significant in understanding inflation. The Trump Administration uses the Consumer Price Index (CPI) in public communications to determine immediate consumer experiences with inflation. The Biden Administration used Personal Consumption Expenditures Price Index (PCE) and the Core Inflation Measure, to report a watered-down version of what was really happening to consumers. The PCE and Core Inflation Measures lag behind the CPI, so it is not a true indication of the pain consumers are suffering. PCE is updated quarterly. CPI is reported monthly. 😏

Dennis D. Duffy's avatar

Excellent piece. Let's pray SCOTUS doesn't screw up this powerful tool...

Doug Vance's avatar

Can you please send this to Sec Treasury Bessent. Your analysis is excellent. The term I hear most often is that tariffs are too confusing or complex. This is the best explanation I've read about why DJT did what he did and why its been successful. Plus, you show where all the left leaning pundants missed the mark, again.

c Anderson's avatar

Someone needs to tell Bessett, Trump always wins. πŸ‡ΊπŸ‡Έ

John Wygertz's avatar

Trump's timing is uncanny - China is in full-on deflation now, and the US Treasury is benefitting because the tariffs are absorbing the wedge between falling prices in China and steady prices here. This wouldn't be happening if prices in China were steady or rising.

Richard Luthmann's avatar

This is what happens when theory meets dirt. The experts spoke in absolutes. Trump acted. Inflation didn’t riseβ€”it retreated. Prices didn’t explodeβ€”they adjusted. Tariffs didn’t β€œtax Americans”; they forced exporters, importers, and supply chains to eat costs and adapt. The panic was built on a cartoon model of the economy that ignores substitution, competition, inventory strategy, and power. Trump understood leverage. He used tariffs as pressure, not dogma. The result? Lower inflation, strong growth, shrinking deficits, and a media class caught erasing its own certainty. Once again, the data betrayed the narrativeβ€”and vindicated Trump.

Dave Slough's avatar

Excellent write up

Jerrilyn Colangelo's avatar

Again, hats off to you for cohesive explanation.

Ruth H's avatar

Excellent summary. I’ll take PDJT’s advice over the so-called experts on any subject that might help our nation.