g5000
Diamond Member
- Nov 26, 2011
- 138,680
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Inflation has been rising since April, mostly due to Trump's far left tariff war. It is now at 2.7 percent.
Yet the Trump Administration has activated their Reality Distortion Field, and is claiming inflation has "beat or matched expectations".
Even worse, they expect MAGAs to swallow this bullshit. If not, then they are "Panicans".
Every month since President Trump took office, core inflation — the best measure of inflation — has beat or matched expectations. The data proves that President Trump is stabilizing inflation and the Panicans continue to be wrong about tariffs raising prices. - Minister of Propaganda Karoline Leavitt.
Leavitt's idea of a BOOMING economy is 0.5% for Q1.
The Trump Cabinet lackies obviously believe, like Trump does, if you say something in all caps, it induces magical thinking in the rubes, and summons the reality distortion field so critical to totalitarian regimes.
GDP growth for the year is expected to continue to be anemic unless Trump quits his idiotic tariff war.
Forecasts:
Yet the Trump Administration has activated their Reality Distortion Field, and is claiming inflation has "beat or matched expectations".
Even worse, they expect MAGAs to swallow this bullshit. If not, then they are "Panicans".
Every month since President Trump took office, core inflation — the best measure of inflation — has beat or matched expectations. The data proves that President Trump is stabilizing inflation and the Panicans continue to be wrong about tariffs raising prices. - Minister of Propaganda Karoline Leavitt.
Leavitt's idea of a BOOMING economy is 0.5% for Q1.
The Trump Cabinet lackies obviously believe, like Trump does, if you say something in all caps, it induces magical thinking in the rubes, and summons the reality distortion field so critical to totalitarian regimes.
GDP growth for the year is expected to continue to be anemic unless Trump quits his idiotic tariff war.
Forecasts:
- Deloitte: 1.4% in 2025 and 1.5% in 2026.
[*The Conference Board: 2.0% in 2025, revised down from previous projections. - Trading Economics: 29681.00 USD Billion by the end of 2025.
- Federal Reserve Bank of Philadelphia: 1.4% in 2025 (annual average). [/S]
- Kiplinger: 1.2% to 1.4% for the full year, with some media reports citing 1.7% to 1.9%.
- Goldman Sachs: 1.0% growth, with potential for upside from policy changes.
- Atlanta Fed GDPNow: Has fluctuated but currently points to 2.6% growth for the second quarter of 2025.