Good news. Don't agree with all of this, nor do I agree with the all negative posting by some here.<TRUMP ECONOMIC UPDATE: Inflation Drops to 2.3%, Lowest Since 2021, and US Treasury Records Second Biggest Surplus in History Thanks to Trump’s Record Tariff Revenues
by Jim Ho ft
May. 13, 2025 10:15 am
133 Comments
On Tuesday, the monthly inflation numbers came in below expectations for the third straight month.
The inflation rate for April came in at 2.3%.
Grocery items saw their biggest decline in FIVE years! — Gee, what happened between five years ago and now?
Gas prices are also down.
It’s great to have a US President who loves his country!
But that’s not all.
On Tuesday, as Zero Hedge reported, we discovered why the US government borrowing need was shockingly lower than previously expected.
The latest Treasury Monthly Statement revealed that in April, the US Treasury generated a $258.4 billion surplus after last month’s $160.5 billion deficit; this the second biggest surplus on record, with just the $308 billion bumper surplus in 2021 bigger.
And this is all thanks to President Trump’s tariff policy that the Democrats, their far-left media, and pundits said would never happen.
Now, if only Never-Trumper FED Chair Jerome Powell would get his act together, quit punishing American workers, and lower interest rates!>
thegatewaypundit.com |
