Economic News

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Trust these numbers? Economists see a lot of flaws in delayed CPI report showing downward inflation https://www.cnbc.com/2025/12/18/tru...ed-cpi-report-showing-downward-inflation.html
I think this is great. One of the main things we learned from Biden's term is that Americans don't give a fuck about the inflation rate. They care about how it feels when they're checking out at the Harris Teeter. As polling has shown, Americans know prices are still going up. So if the government is publishing flawed numbers that show the rate lower than it actually is, people will just assume they're being lied to again. 2026 is going to be a bloodbath for the GOP.
 
Finally, crazy lying Lutnik tells us all why Trump is exactly correct when he claims he can reduce prices 400%, 500%, 600%, 1200%, even 1500%. You are going to feel so foolish for thinking that is mathematically impossible or that Trump is an idiot. We are the idiots for not understanding the genius of Trump Take it away honest Lutnik....

 
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So consumers are spending more, but not on voluntary purchases of items, but instead are being forced to spend massively more on their healthcare than even a year or less ago? Yeah, that's clearly indicative of a steadily improving economy and things getting easier for consumers!
Rising healthcare costs – just what every American wanted for Christmas.

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Navarro is a total crackpot.
One who got elevated by Jared Kushner reportedly searching book titles on Amazon looking for an economist who agreed with Trump on tariffs and China back at the start of Trump 1.0. Trump and Kushner plucked Navarro from obscurity to become a key economic advisor for Trumpnomics.
 


🎁 —> https://www.wsj.com/economy/jobs/20...0?st=HDcrTf&reflink=desktopwebshare_permalink

“… At a gathering of CEOs in Midtown Manhattan this month organized by the Yale School of Management, 66% of leaders surveyed said they planned to either fire workers or maintain the size of their existing teams next year. Only a third indicated they planned to hire.

… The reluctance to add staff reflects concerns about the economy, along with the belief that artificial intelligence could handle more work inside major companies. Other employers hired too many people after the pandemic and are still correcting for that.

“We’re close to zero job growth. That’s not a healthy labor market,” Federal Reserve governor Christopher Wallersaid at the Yale summit. “When I go around and talk to CEOs around the country, everybody’s telling me, ‘Look, we’re not hiring because we’re waiting to try to figure out what happens with AI. What jobs can we replace? What jobs do we don’t?’”…”
 
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