16 Nobel Prize-winning Economists see a Trump inflation bomb!

I have more faith in the expert economists than the fascists.

More debt and less investment in machinery, buildings, education and research could make economy less productive.~ Larry Summers

What's racist about calling it "kung flu"?             That's what it was...............

Latest FOX NEWS POLL

Q:  Do you approve or disapprove of the federal budget legislation Trump recently
signed into law that he calls the “One Big Beautiful Bill”?

All registered voters, including republicans:

  39% .... approve
58% ... DISAPPROVE!  

 Independent voters, crucial to winning elections:

   29% .... approve
70% ...DISAPPROVE!   

@fubah2

 thats a lot of disapproval from a fux news poll

Trump's handling of Inflation:

     36% ..... approve
62% ...DISAPPROVE! 

SO much for that, looks like all 16 were wrong like the laptop lies !

The FBI warned major US tech companies ahead of The Post’s first reports on Hunter Biden’s laptop in October 2020 that Russian agents were preparing a strikingly similar document dump.

Unreal ! 

Powell is on its way out skippy, the guy is cleaning up a disaster, you think you just come in and turn a light switch on? 

2026 will be the best!

so far stock market boom, no recession here !

gas cheaper

eggs much cheaper

interest rates about to be lowered

Iran threat gone !

The hand Biden left us Jesus would struggle with. Did you happen to see the graph the dumb aZZ Dems posted on X yesterday bashing Trump over inflation, only thing is the horrendous numbers were Bidens covering the years 2021 thru 2024. This is how ignorant these people are later taking down the tweet. They sound like you guys, no plans, no policies just bash Daddy !

LMAO !

Trump is lucky to inherit a strong economy from Biden.  However positive trajectory is starting to show weaknesses.  GDP contracted in the first quarter of 2025 in first quarterly decline in 3 years.  Also US dollar has biggest decline in first half of year in over 50 years because of loss of confidence due to Trump's bad economic policies.  If his tariffs are fully implemented, economists expect lower economic growth with higher inflation and unemployment in the future.

More facts!

Trump says he will place a 100% tariff on chips and semiconductors

Meaning, American consumers will pay more. [inflation!]

 HEADLINES today . . . 

What likely gets more expensive
from Trump’s massive tariff hikes

CNN -

Trump has said that tariffs won’t lead to higher prices. But the US economy seems to disagree: Inflation, which has remained fairly tame, is slowly creeping up because of tariffs.

Trump’s latest round of higher taxes on imports, which went into effect Thursday, will immediately make imported goods from impacted countries more expensive in the United States.

The new tariffs will probably raise prices on:

Electronics
Clothing
Shoes
Alcohol
Furniture
Toys

and groceries !!! 

Trump Tariffs are giving parents
   back-to-school sticker shock

New York —

Lisa Ward was startled at the prices on sneakers when she recently went back-to-school shopping for her twin boys.

“All of them were at least $10 or $20 more than last year. That pissed me off, but I didn’t have a choice,” said Ward, a finance professional who lives outside of Atlanta.

Jake Cohen, head of industry and insights at Klaviyo, told CNN the higher prices are an obvious consequence of trump's trade war.

“Trump tariffs have driven prices up! Brands are trying to create margin. The simplest way to do that is to raise prices,” Cohen said.

Not sure if they're buyer's remorse when it comes to next midterms. If majority of voters are again casting their ballots to Trump's party? This ideology prevails every other thing, just hard to comprehend, Fubah. 

Can Dems retake one or two chambers in next midterms to check one party rule currently in our nation? We will see. 

Nobel economist Paul Krugman warns that mass deportation can cause more economic barm than people realize. Illegal immigrants constitute 5% of US. workforce  but are concentrated in some industries. For examples, construction, agriculture, senior care, meat packing and others which could be crippled by loss of workers.  Americans would be worse off with higher inflation, unemployment and lower economic growth. Potentially worse than Trump tariffs.

@thirdperson

 The problem is all those illegals NOT working.

@thirdperson

 so then we would go from bad under rump regime to worse under rump regime

Barclay economists estimate 50% risk of US recession within the next two years.  For the first time in over 4 years, there are fewer open jobs than there are job seekers according to Bureau of labor statistics.