Trump says prices are falling — data says otherwise.
By Maxime Laurent · 2025-10-08 17:07
Trump says prices are falling — data says otherwise.
Inflation at 2.9% tells a different story. 📉🇺🇸
On October 6, 2025, Donald Trump painted a rosy picture: “Prices are down, tariffs strengthen the U.S. economy, inflation is near zero, and markets are at record highs.” But the numbers don’t quite match. According to the U.S. Bureau of Labor Statistics, August CPI rose 2.9% year-over-year, clearly showing that inflation is still alive and kicking.
Meanwhile, a Groundwork Collaborative poll (July 3) found that 49% of Americans say tariffs have hurt them financially — not exactly the economic boost Trump claims. And yes, the S&P 500 at 6,731 (as of October 2, Reuters data) looks strong, but much of that rally likely reflects hopes for upcoming Fed rate cuts, not deep-rooted economic strength.
So while the stock market cheers, Main Street still feels the pinch. Politics may shape the narrative — but math, as always, refuses to play along. 🧮
#Trump #Inflation #Economy #Markets #CPI #USPolitics #Finance
Inflation at 2.9% tells a different story. 📉🇺🇸
On October 6, 2025, Donald Trump painted a rosy picture: “Prices are down, tariffs strengthen the U.S. economy, inflation is near zero, and markets are at record highs.” But the numbers don’t quite match. According to the U.S. Bureau of Labor Statistics, August CPI rose 2.9% year-over-year, clearly showing that inflation is still alive and kicking.
Meanwhile, a Groundwork Collaborative poll (July 3) found that 49% of Americans say tariffs have hurt them financially — not exactly the economic boost Trump claims. And yes, the S&P 500 at 6,731 (as of October 2, Reuters data) looks strong, but much of that rally likely reflects hopes for upcoming Fed rate cuts, not deep-rooted economic strength.
So while the stock market cheers, Main Street still feels the pinch. Politics may shape the narrative — but math, as always, refuses to play along. 🧮
#Trump #Inflation #Economy #Markets #CPI #USPolitics #Finance
Disclaimer: This content is for informational purposes only and not financial advice.