Trump Proved the Economists Wrong Again in 2025

Trump Proved the Economists Wrong Again in 2025: This isn’t the first time the whiz kids whiffed on the Trump economy. These are the same economists who warned we would see a crash.

Stephen Moore: The Economists Got 2025 All Wrong

 These prophets of doom will continue to give the entire economics profession a black eye. No wonder it is known as “the dismal science.” https://patriotpost.us/opinion/123877-the-economists-got-2025-all-wrong-2025-12-30

Affordability? Before attacking tariffs, look here instead

Affordability? Before attacking tariffs, look here instead: Democrats’ crusade against Trump’s tariffs is rich, considering all the other economic burdens they support.

When the Federal Reserve runs your life

When the Federal Reserve runs your life: It’s amazing what a difference monetary policy makes in the day-to-day.

Trump’s tariffs are all about putting America first after decades of exploitation

Trump’s tariffs are all about putting America first after decades of exploitation: For far too long, America has been the world’s punching bag regarding trade. Foreign nations — some allies, some adversaries—have exploited our generosity, reaping profits while draining our industries, jobs, and national pride. However, under President Donald J. Trump, that era of weakness is over. With his bold tariff policies, Trump is fulfilling his promise to put America first, leveling the playing field and restoring the United States to its rightful place as an economic powerhouse. The globalists, the outsourcers, and the Fake News can scream all they want — history shows they’ve been wrong every step of the way.

No one should believe economists — they are apologists for bad policies

No one should believe economists — they are apologists for bad policies: This article in USA Today is so full of misinformation that it’s hard to know where to start. They work very hard to absolve Joe Biden, Kamala Harris, and their policies for the rapid rise in inflation — but the actual evidence shows how re...

Labor Dept. data: Urban rent surges 23% in just three years of Biden-Harris

Labor Dept. data: Urban rent surges 23% in just three years of Biden-Harris: According to the government’s own number crunchers, the average cost of urban rent surged 23% in just three years of Biden-Harris, with the housing cost increase impacting “midwestern cities slightly worse” with a 24% rise.

Fed chair Powell says illegals are why unemployment is rising

Fed chair Powell says illegals are why unemployment is rising: If you import 20 million people into an economy that doesn't have room for them, don't be surprised if unemployment goes up.

That's not Donald Trump speaking, it's what Federal Reserve Chairman Jerome Powell, a guy who tends to side with Joe Biden, found when he cut interest rates 50 basis points yesterday. It's also basic economics.

New poll: 81% say cost of food is rising faster than income, around half have given up on keeping protein in diets to stay within budget

New poll: 81% say cost of food is rising faster than income, around half have given up on keeping protein in diets to stay within budget: According to a new poll from a D.C-based nonprofit No Kid Hungry, the number of Texans negatively affected by grocery store prices continues to increase, with a vast majority (81%) reporting that food costs are outpacing their incomes, and around half (49%) revealing that they’ve either cut back on meat consumption, or given it up altogether to remain in budget.

The second statistic is exaggerated among lower-income families making less than $50k, with children in the public school system, where it goes from around one-out-of-two to almost three-out-of-four (71%).

Anyone who thinks the inflation problem is over has their head stuck in the sand

Anyone who thinks the inflation problem is over has their head stuck in the sand: Kamala claimed that the economic policies of the Biden-Harris White House have brought inflation down. I would ask a simple question: Which policies?

There are none. The reason the inflation increase is lower is because people couldn’t afford the compound price increases. It is really rich when a politician brags that 3% is “down” when inflation is still more than double the rate she inherited. But most of the media cheers as they campaign for Harris.

CNN Poll: Nearly 40% of Americans worry about how they’re going to pay their bills under Democrats

CNN Poll: Nearly 40% of Americans worry about how they’re going to pay their bills under Democrats: Things are so economically sound and good…they’re worse than one of the worst financial crises in American history, the 2008 collapse and the Great Recession of the years following. At least, that’s according to a new poll conducted and published by CNN that revealed nearly forty percent of Americans are worried about their financial future, and how they’re going to afford to maintain their standard of living.

Found Him! The One Sane Democrat

Moderate Democratic Sen. Evan Bayh of Indiana is among a growing number of Congressional Democrats who are voicing opposition to the massive spending plans proposed by President Obama and fellow Democrats.

Writing in The Wall Street Journal, Bayh says the $410 billion Omnibus Appropriations Act of 2009 is full of wasteful spending.

"The Senate should reject this bill," Bayh writes. "If we do not, President Barack Obama should veto it."

From Bayh's column:

"The bloated omnibus requires sacrifice from no one, least of all the government. It only exacerbates the problem and hastens the day of reckoning. Voters rightly demanded change in November's election, but this approach to spending represents business as usual in Washington, not the voters' mandate.

Now is the time to win back the confidence and trust of the American people. Congress should vote "no" on this omnibus and show working families across the country that we are as committed to living within our means as they are.

Bayh says Congress has to stop contributing to the nation's economic woes by continuing to overspend.

"The economic downturn requires new policies, not more of the same," Bayh writes. "Our nation's current fiscal imbalance is unprecedented, unsustainable and, if unaddressed, a major threat to our currency and our economic vitality. The national debt now exceeds $10 trillion. This is almost double what it was just eight years ago, and the debt is growing at a rate of about $1 million a minute."

Read the full column at the newspaper's Web site.

Originally posted at TONY PHYRILLAS

Democrats hold U.S. jobs hostage

From American Energy Alliance President Thomas J. Pyle:

"Unlike the $790 billion stimulus package lawmakers just passed, increased offshore activity would fuel our economy without squandering taxpayer funds. In fact, oil and gas is one of the U.S.'s only industries in a position to put money into, rather than take money out of, the government's piggybank.

"With more than 85 billion barrels of recoverable oil and over 440 trillion cubic feet of natural gas located right off our shores, exploration in the OCS stands to contribute $273 billion annually to the national economy. That's good news, especially for the 46 states that now face a combined $350 billion budget shortfall for the next three fiscal years. Economic relief wouldn't end there -- America would sustain approximately 1.2 million well-paying jobs each year over the life of production.

Follow the link below to read the full report prepared by the American Energy Alliance:

Over a Million U.S. Jobs Locked Away in 'Off-Limits' Offshore Resources

Cross-posted at TONY PHYRILLAS

Do we have to bail out the oil companies, too?

Remember a few months ago when gasoline was $4 a gallon and the price of everything else we buy went up because of rising fuel prices?

How come prices haven't come down now that gas is below $2 a gallon?

I'm still paying more for a cup of coffee than I was a few months ago. I remember convenience stores announcing they had to add a surcharge to the price of coffee because of rising gas prices. Why didn't the surcharge come down?

My grocery bill hasn't gone down since the summer when food prices began to skyrocket. What gives?

With some experts forecasting that the price of gas will continue to tumble, will we see Big Oil head to Congress asking for help?

From The Christian Science Monitor:

What the price drop does mean is that some oil-patch wildcatters have packed up their drill bits as the rush for new domestic exploration has cooled since summer.

"Six months ago everything was roses, and nobody in this business had any inkling that oil prices would decline virtually $100 a barrel," says Alex Mills, president of the Texas Alliance of Energy Producers. Now, he says, "some people have already pulled back on their drilling programs."

No doubt, profits for Big Oil will tumble from this year's record highs. And because of the tightening credit market, many producers – majors and independents – will shut down drilling rigs and trim production in the year ahead.

Read "Oil industry adjusts to lower prices" at The Christian Science Monitor Web site.

Originally posted at TONY PHYRILLAS