I must, once again, spell this out for my old readers and new ones, one more time:
I really wanted President Trump to succeed.
I promised to call balls and strikes. As a Conservative Libertarian type, I must say I’m quite pleased the border has been sealed. I’m not so thrilled with his attack on civil liberties last night, but that’s for another discussion.
Thus far, his administration from an economic perspective is looking almost as bad as Comrade Biden’s fiasco because the broadside attacks on small business and unrealistic statements about the economy are easily disprovable.
Some of the things he has been saying remind me of the old Soviet jokes when the local newspaper or radio station would broadcast things like “there is plenty of bread at the bakery for our city today” and when the citizens arrive there was an allocation of two slices per person. The statements emanating from the White House unfortunately are just as fallacious and nonsensical.
For example, instead of using X or another social media platform that the majority of the world uses, he insists on using his own perhaps thinking that people will not post the insanity elsewhere. Like this beaut from Truth Social this morning (highlights are my own):
Really Mr. President? Lucky for you, now that I’m back in the states and I can go grocery shopping again and upon my best authority, my own freaking eyes, I would evaluate your statement as 100% bullcrap.
For example, one dozen eggs at our local Publix today:
Just like the Soviet Union, there is a kernel of truth in what the President said but his staff is woefully too elitist to send Joe Flunky Staffer out there to confirm the crap that elitists like Bessent, Navarro, and Lutnick tell him. The price of eggs is still double what it was 9 months ago.
And yes, that’s true even at Walmart:
The bottom picture is from Walmart.com snipped just a short while ago.
So with gas prices still hovering between $2.89 per gallon and up to $3.29 per gallon here, I wonder where his staff buys their gasoline from? It sure as hell isn’t that much cheaper than last year or when it was in President Bush’s disastrous final two years of 2007 and 2008.
And no, before the cult attacks this author again, I’m not apologizing nor walking down every aisle of the grocery store to take pictures to prove to you that Navy Beans are 3 cents per can cheaper than last year at this time.
However, one more example as the Walmart data is the best measure of impacts on the lower and middle class, here is another example from both a quick trip to the store and the Walmart.com website, this time the Walmart brand Great Value soda.
The picture above does not lie. That is in fact a 22% price increase as before this intrepid reporter left for Mexico a little over ten days ago that was $1.00 per 2 liter soda.
Inflation is not contained.
Consumer items are not getting cheaper.
And the trade war is only going to make things worse unless it is slammed into reverse in the next four weeks.
