Timothy Birdnow

Trumponomics does indeed work, and quite well.

U.S. Economy Grew at 4.3%

We were told the tariffs were going to tank the economy. We were told we needed all the aliens to "do the jobs Americans just won't do". We were told austerity measures would lead to a recession, especially with so many government jobs being eliminated, since government jobs gave money to people to spend. We were told lots of things that have now been proven to be untrue.

And all this with absolutely no help from the Federal Reserve, which refused to cut interest rates.

The Fed says a surge in consumer spending drove this higher than expected GDP growth. We were told the high unemployment numbers and the continued inflation in some sectors of the economy (most inflation has dropped) were going to lead to stagnant growth or worse. Turns out they were wrong.

Well, that unemployment has been there all along - it just wasn't counted. According to the Fecderal Reserve of St. Louis, the rise in unemployment was caused by an accounting issue. During the Biden era many people were not actively seeking a job and so were not counted in the unemployed rolls. With Trump, who has reduced the safety hammock, many of these folks are now seeking employment and so are now being counted as "unemployed".

Furthermore, as Mr. Trump has pointed out, much of the unemployment is a result of downsizing of govenment, with the more useless people suckling at auntie Samantha's teat now being forced to look for a real job. They don't like it one bit, but they that's the way the it goes in most sectors of the economy.

So people clearly have more disposable income to spend, and

Even ABC, a mortal enemy of Mr. Trump, had to admit Trump's tariffs may have boosted the economy by shoring up exports and reducing imports. Amazing.

Strangely, the lying media has convinced many inflation is up, or at least caused by Trump and not an artifact of Bidenomics. Polls show the public is quite sour on Mr. Trump's economic program even while they are buying more and living better.

Can they keep this up until the next election? Or will the Fed pull some evil stun to crash the economy just before next November? I don't know but I suspect we will have a massive boom in the coming months. And I think the Left knows it too and trembles.

Posted by: Timothy Birdnow at 12:46 PM | No Comments | Add Comment
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