February 14, 2025
Weakening Economy?
Timothy Birdnow
Sooo...retail sales figured are down to the lowest point in two years as of January.Why?
This Reuters article blames it on Trump, of course:
OR could it just possibly be the numbers have been cooked all along by the Biden Administration and now we're getting the real numbers?
The article states:
So we see they "upwardly revised" December numbers and thus it appears we are falling.
The fact is Trump was elected in NOVEMNBER and tariffs were always on the table and it didn't seem to disturb the public then.
The article does admit major snowstorms and fires in California contributed to a decrease in retail sales.
We all knew there would be an economic downturn this year, thanks to the destructive nature of what Bidenomics wrought. This is still Joe Biden's economy and will remain so for the next year.
The media will seek out anything they think they can pin on Trump. Don't believe anything they tell you!
Sooo...retail sales figured are down to the lowest point in two years as of January.Why?
This Reuters article blames it on Trump, of course:
"Pre-emptive buying in anticipation of tariffs that would raise prices for goods helped to boost retail sales in recent months. But consumer sentiment has deteriorated, with one-year inflation expectations hitting a 15-month high in early February as households perceived that "it may be too late to avoid the negative impact of tariff policy,” a University of Michigan survey of consumers showed last week.
OR could it just possibly be the numbers have been cooked all along by the Biden Administration and now we're getting the real numbers?
The article states:
"Retail sales dropped 0.9% last month, the biggest decrease since March 2023, after an upwardly revised 0.7% increase in December, the Commerce Department’s Census Bureau said."
So we see they "upwardly revised" December numbers and thus it appears we are falling.
The fact is Trump was elected in NOVEMNBER and tariffs were always on the table and it didn't seem to disturb the public then.
The article does admit major snowstorms and fires in California contributed to a decrease in retail sales.
We all knew there would be an economic downturn this year, thanks to the destructive nature of what Bidenomics wrought. This is still Joe Biden's economy and will remain so for the next year.
The media will seek out anything they think they can pin on Trump. Don't believe anything they tell you!
Posted by: Timothy Birdnow at
12:14 PM
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