The Trump Economy

[Chicks]

All 50 states top $4 a gallon gas as Iran impacts linger
https://www.axios.com/2026/05/20/gas...lars-50-states

...because Donny's a stable genius, who started this war with a full plan, a way out, and... MAGA!!!!!!

[Chicks]

Consumer sentiment hits record low as high gas prices drag on Americans'
outlooks

https://finance.yahoo.com/economy/ar...143903199.html

Americans are feeling worse about the economy now than they were during the COVID-19 pandemic, the financial crisis, and following the 9/11 attacks.

MAGA!!!

[Chicks]

‘Biggest Wealth Divide in Modern History’: Graphic Shows Shocking Reality of US Economy
https://www.commondreams.org/news/us...conomy-graphic

“Absolutely incredible,” commented Kobeissi Letter. “Over the last six years, the S&P 500 has risen +130% while US Consumer Sentiment has collapsed by -55%, to its lowest since data began in 1952. We are witnessing the formation of the biggest wealth divide in modern history.”

...exactly as Donny's enablers planned it...

[Chicks]

White House promises lower energy prices 'as soon as the Straits are open,' but analysts say to prepare for a 'Hormuz Hangover'
https://finance.yahoo.com/sectors/en...161207155.html

Uh-huh. Sure, Donny. You're a stable genius.

[Oerets]

What's worse the promises or those who continue to believe them?

[Chicks]

Americans Are About to Pay Even More at the Grocery Store
https://finance.yahoo.com/economy/ar...101500316.html

But the DOW's at 50,000!!!!!!!

[Chicks]

Trump's Trade War Caused a $15 Billion Decline in U.S. Farm Sales to China
Though some of their products may have been redirected elsewhere, American farmers are likely eating most of the losses.
https://reason.com/2026/05/27/trumps...ales-to-china/

...yet some here think Donny is a "visionary" re China.,,

[Chicks]

Trump’s Economic Promises Timeline
https://doggett.house.gov/issues/tru...mises-timeline

8/9/24:
“Starting on day one, we will end inflation and make America affordable again, to bring down the prices of all goods.”

NBC Montana, Trump Rally in Bozeman, MT, YouTube (August 9, 2024).

8/14/24
“Under my administration, we will be slashing energy and electricity prices by half within 12 months, at a maximum 18 months”

“Prices will come down. You just watch: They’ll come down, and they’ll come down fast, not only with insurance, with everything.”

PBS NewsHour, Trump Rally in North Carolina, YouTube (August 14, 2024).

8/17/24
“Starting the day I take the oath of office, I will rapidly drive prices down and we will make America affordable again. We’re going to make it affordable again.”

“We’re going to get your energy prices down. We’re going to get your energy prices down by 50%.”

PBS NewsHour, Trump speaks at campaign rally in Wilkes-Barre, Pennsylvania, YouTube (August 17, 2024).

Meanwhile...

Goldman Sachs COO calls inflation 'the single biggest risk element' to the economy
https://finance.yahoo.com/economy/ar...173933337.html

Goldman Sachs COO John Waldron called out inflation as “the single biggest risk element” to the economy on Thursday during a talk at the Bernstein Strategic Decisions Conference in New York.

“Inflation, I would say it’s probably the single biggest risk element. It’s the one that worries me the most personally,” said Waldron, who is the No. 2 executive at Goldman Sachs after CEO David Solomon.

...yet some still think Donny's a genius. Sigh.

[Dondilion]

Says a lot re the resilience of the American economy that after an attempt to disrupt, disconnect China from ultra cheap Iranian oil, the economic reprocussions for the USA are still moderate.
The trade has two major implications:
1) The huge discount translates to a big multiplier in China's Overcapacity.
2) The trade occurs without use of the petro dollar and therefore is an incipient threat to what underpins the USA system.

[Chicks]

Originally Posted by Dondilion

Says a lot re the resilience of the American economy that after an attempt to disrupt, disconnect China from ultra cheap Iranian oil, the economic reprocussions for the USA are still moderate.
The trade has two major implications:
1) The huge discount translates to a big multiplier in China's Overcapacity.
2) The trade occurs without use of the petro dollar and therefore is an incipient threat to what underpins the USA system.

More blathering. Wake up to reality.

This is how close American households are to the financial edge

https://www.npr.org/2026/05/28/nx-s1...nflation-wages

new research from the Brookings Institution released Wednesday describes affordability by comparing the rising costs of essentials against family incomes. By that measure, the report found, in 2024 45.5% of U.S. households did not earn enough to cover their necessities