Remember how we were told the economy would blow up with President Donald Trump's tariff efforts? 

But then we saw deals with the U.K. and China. The Trump team was finally able to get China to the table on trade, which is a pretty amazing result. 

The April inflation number was, again, less than expected, the lowest in four years. Grocery prices also had the biggest decline in five years. 

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Annual Inflation Rate Hits 4-Year Low; Groceries Have Biggest Decline in 5 Years

Now, the media is admitting something that's patently obvious, at least right now: what we were being told just hasn't come to pass. 

Axios was out with a story on Thursday titled, "Hard data suggests tariff-driven inflation and recession fears may be overblown." They note that with April numbers in, none of the things warned about have come to pass. Not only are retail sales steady, but even wholesale prices have dropped: 

The Producer Price Index, a gauge of wholesale prices, showed little sign of tariff-related price pressures that businesses have warned about," they wrote. 

• PPI fell by 0.5% in April after a flat reading in March, rounding out an upbeat inflation snapshot after the index's consumer counterpart released Tuesday.

They are still warning in the story that they could go up.

Politico ran a similar story earlier in the week after the first inflation numbers came out. 

People mocked how this whole hot take from the left and the liberal media was collapsing. 

CNN commentator Scott Jennings: 

White House Deputy Communications Director Alex Pfeiffer: 

Newsweek's Deputy Opinion Editor Batya Ungar-Sargon: 

We reported that the stock market shot back up after the China deal. 

Now, even the media polls, like the Reuters/Ipsos poll, are going back up again: 

Trump stands at 44% approval and 52% disapproval in a Reuters/Ipsos poll conducted Monday and Tuesday (May 12-13). The president's approval rating edged up two points — which is within the survey's sampling error — from the previous Reuters/Ipsos national survey, which was in the field late last month.

Rasmussen had him at 52 percent approval earlier this week, and the highest number they've seen so far on "right track" polling. Of course, Trump's numbers are higher than those of the Democrats. 

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Now, if this narrative continues to crumble and prices continue not to go up as they predicted, that's going to drive Trump's polling numbers up even more--especially if he's able to bring in even more deals. 

Editor's Note: The mainstream media continues to deflect, gaslight, spin, and lie.  

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