After all the battles over statistics, the baseline reality is they don’t matter to ordinary people. The Biden administration tried and failed to convince people that it was a good economy. It failed because people know what’s in their wallets, they know what the cost of the things they want to buy is, and much of the population doesn’t care about all the other numbers.

The public certainly doesn’t believe this is a good economy, but after all the doom and gloom, the tariff economic disaster that ‘experts’ and the media are trying to wishcast into being… isn’t actually showing up. To their disappointment.

Economy Consumer prices rise 2.7% annually in July, less than expected amid tariff worries – CNBC

Sorry, CNBC.

We’re not seeing any kind of major pricing surges. But the market has had plenty of time to price this in. Unlike COVID and post-COVID inflation, this isn’t a case of unpredictable chaos, and this time around the government didn’t make the dumb mistake of just sending everyone a bunch of checks. The housing market is still a mess and our economy is heavily dependent on China, but that cuts both ways, meaning that China is also dependent on us.

President Trump is taking some big gambles, he’s revamping a global economic system that past administrations allowed to be rigged against us as part of convincing everyone else to join in, and the media is rooting for him to fail, not just because they hate him, but because they love the globalist system and they hate America.