21 Replies to “Thank You For Your Attention To This Matter”

  2. once again the man shows he is a businessman FIRST and a politician SECOND. thats why there is much harumphing the blunt way he talks at the same time THIS happens.

  3. Ya think there is a reason for the growth? Ya think it might be record deficit spending? Plus Trump will appoint a Fed chair who will slash interest rates. How do you spell inflation? He managed to fix something that wasn’t broken. The US already had respectable growth under the idiot Biden. No need to pump it.

    1. In 2020 J Powell the first started accelerating the money supply to such an extent that 40% of the US M2 money supply has been created within the past 5 years. While holding his own beer, Powell dropped interest rates to effectively zero. The resulting run-away inflation surprised him and he attributed it to supply chain problems calling it transitory. Not to be outdone by himself, Powell decided that the non-transitory run-away inflation suddenly needed to be brought under control (just in time for Trump’s return) and he ratcheted up interest rates to punish consumers and hopefully crush homeowners.

      Now Powell is reluctant to reduce interest rates in case it retriggers inflation, a problem he himself created by printing (creating) a record amount of US dollars. Yet, it is Trump’s fault for wanting to reduce this madness as payments on the debt become worrisome at higher interest rates.

    2. Not quite that simple….inflation is virtually always caused by governments printing money. The public sector can (and MUST) shrink while the private sector grows. Government growth does not create “respectable growth”.

  4. And this will be revised upward in the coming months. This is the lowest they could make the number.

  5. Using “respectable” and Biden in the same sentence takes some real world class cognitive dissonance. Here’s what Biden accomplished … the highest inflation of my lifetime. And guess what? That inflation hasn’t reversed. Higher prices across the entire economy are now locked-in. Prices are NEVER going down. We’re all getting permanently hammered by higher prices now.

    Trump has brought the RATE of inflation down into the 2’s. But TBF … inflation can only rise just SO FAR until the the consumer is completely tapped-out and simply will not and cannot buy things at ever inflating prices. So inflation only has one way to go after Biden’s FAILure – down. Productivity (supply) is the only way out. We must MAKE more things to tame inflation.

    And TBF I will argue that brain dead Biden wasn’t entirely responsible for the inflation … but Fauxci (and Special COVID Czar VP Pence) was . He is the one who STOPPED economic activity dead in its tracks. He shuttered “non-essential” business … the most ridiculous statement in the history of a Capitalist economy. The “supply chains” came to a halt. Inventories hollowed out. Profits hollowed out. So what was the response of business? Recover the lost profitability so they wouldn’t have to fire/lose all the employees needed for recovery. Bidenflation was really Fauxciflation. We are all paying the price – literally for the Plandemic. The plandemic designed to 6uild 6ack 6etter by crushing capitalism.

    The only way out of this crushing economic period is productivity – increasing supply and movement of all goods and services. Yeah … Trump is right again. Because his plan is to build back America again … to a strong, vibrant, capitalist economy.

    1. L – Kenji… Excellent summation, the fact that the Plandemic allowed governments to literally
      shut down the economy for the first time in history. Yet escape being faced with masses of
      citizens marching on politicians offices carrying signs “This is too stupid even for a politician!
      The only business that needs to be closed is your office and your salary!”

    2. Long and the short of it is…..the public sector must be cut drastically so the private sector can create wealth.

  6. And … re: this chart from the Council of Economic Advisers… why do they choose the date range of 2011-2019 as some sort of meaningful historic baseline for these statistics? OK … pre-COVID … I get that part of the omission of date range … but why not back to 2008? When Obama took office? Or why not only compare from 2017 when Trump-45 took office?

    Once again … we see government stat-keepers cherry pick dates to do their best to diminish just how spectacularly Trump has performed.

  7. GDP invariably gets a boost from record deficit spending as a result of the Big Beautiful Bill which Trump endorsed. This is not something that conservatives ought to be cheering for.

    1. No, I’m cheering for the tax cuts in that Bill which will inevitably (as History instructs) lead to greater consumer spending and business activity which will INCREASE tax revenues … not cut them. It’s called Supply-side economics … and it works. What the US needs most is cash flow. Dollars coming INTO the coffers not stale or receding revenues.

    2. I’ll give that a big Duh! Growth under Biden 2022 – 2.5%; 2023 – 2.9%; 2024 – 2.8. That’s called respectable. So Trump gooses the economy more than Biden and gets 3%. A conservative goosing a thriving economy is an idiot.

      1. Growth of the government sector is not growth. Nor is it “respectable”. Like I said earlier…the public sector (at all levels) needs to be cut back drastically and allow the private sector to create wealth rather than coddling a public sector that simply redistributes it.

        1. ADHD much? Trump out Bidened Biden yet he is a great conservative? A bit of a disconnect going on.

          1. Dumb comment and a clear indication you don’t know what the hell you are talking about…..government growth is not wealth growth….private sector growth is. Learn the difference.

      2. Pssst … that’s post-COVID growth. So those numbers are coming out of two years of NEGATIVE growth. Growing on TOP of that recovery is far more significant.

      3. U.S. gdp growth rate for 2022 was 2.51%, a 3.54% decline from 2021.
        U.S. gdp growth rate for 2021 was 6.06%, a 8.22% increase from 2020.
        U.S. gdp growth rate for 2020 was -2.16%, a 4.75% decline from 2019.

  8. 60% of job growth during the Biden administration was in government jobs. That is the death knell for any economy.

    Trump and DOGE have eliminated tens of thousands of government jobs, but SCAR predicts public sector growth.

    I suspect he’s on the Hunter Biden diet.

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