The Economy

[dmallord]

How Trump’s Economy Continues To Defy The ‘Experts’ And Shock The ‘Panicans’​

For the "experts," the rapid pace of the administration's economic agenda has been shocking. For President Trump, this was all a part of the plan.
By Zach Jewell
•
Jul 21, 2025 DailyWire.com
https://dw-wp-production.imgix.net/2025/07/Donald-Trump-10-scaled-e1753115678636.jpg?ar=16%3A9&auto=compress&crop=faces&cs=origin&fit=crop&w=1035?ar=16:9&fit=crop&crop=faces&fm=webpAFP via Getty Images

In the first six months of President Donald Trump’s second term, one major theme has defined Trump’s economic record thus far: success that surprises the people who are paid to predict it.

It hasn’t been surprising for the president, who is carrying out his promise to revamp American manufacturing and boost American jobs, mainly by imposing unprecedented tariffs on nearly every country in the world. And it comes as economists who predicted large-scale inflation and market downturn over Trump’s bold economic agenda keep seeing economic metrics come across their desks showing the opposite.

Earlier this year, Americans were told to brace their wallets for rising inflation and prepare for a recession caused by Trump’s major tariffs, especially those levied on America’s biggest trading partners, China, Canada, and Mexico. In May, Goldman Sachs analysts said core goods inflation could hit 6.3% by the end of the year while consumer prices would spike 3.7% by early 2026, according to CNN.

The latest numbers on the U.S. economy fly in the face of the naysayers, branded by Trump as “panicans.” Late last week, the U.S. Census Bureau reported that June retail sales were up 0.6% from May and up 3.5% from last year. Food service and drinks sales jumped 6.6% from June 2024. Those numbers were, of course, better than what economists had predicted — a phrase that has become a monthly tradition since Trump stepped back into the White House

More here: https://www.dailywire.com/news/how-...es-to-defy-the-experts-and-shock-the-panicans

MajorRewrite should change her name to Private Revision.

Your numbers are pretty much sound, as far as they go. However, cherry-picking the positives can shade those that are not doing so well. I picked your friend CHAT.gpt's brain, and it coughed up this for your conversation:

"Before we start declaring the economy bulletproof, let’s ask: whose economy are we talking about—and which parts are being spotlighted.

"Sure, retail sales are ticking up and inflation isn’t exploding. But those are surface-level snapshots that don’t capture deeper stress zones—and they certainly don’t mean everything is rosy.

"Trump’s tariffs have been a mixed bag—launched, delayed, renegotiated. That kind of uncertainty blunts the total impact. Some businesses bought ahead, others rerouted supply chains—so yes, the inflation bump’s been delayed, but not avoided.

"Meanwhile, sectors that don’t make for headlines are getting squeezed:

• Housing: Tariffs (and duties) on Canadian lumber and other building materials are projected to add $10,900–$14,000 to a typical new home’s construction cost. NAHB/Wells Fargo: $10,900 on average San Francisco Chronicle+4Investopedia+4San Antonio Express-News+4.
• Auto prices: The average transaction price for new vehicles in the U.S. is around $48,700–$48,900, and tariffs may be driving prices higher—potentially adding 4–8% to sticker prices, especially for sub‑$30K models Investopedia.
• Steel & copper: Domestic hot-rolled coil prices are up ~16% year-over-year at about $944/ton Yardeni Research. Even though galvanized steel dipped slightly, upstream costs remain elevated, pressuring manufacturers.
• Farmers: Tariffs and retaliatory measures have slashed export demand. While specific dollar figures vary, federally reported delinquency and bankruptcy rates among rural banks are the highest in a decade, signaling serious financial distress.

"Retail sales don’t tell you that:

• Home prices are being inflated before even hitting the market.
• Car buyers are paying nearly $50K—on average—and struggling with tighter credit.
• Manufacturers are facing raw-material increases that erode margins.
• Farmers are spiraling into debt, with whole crops left unharvested in some cases.

"So no, this isn’t “everyone’s economy is booming.” The good numbers exist—but only if you squint hard enough and ignore the bruised sectors."

It just goes to show that a fuckton of data must be measured to obtain a more realistic view of where the economy is going. More than your cherry-picked data points to.

 

[1984X2024]

https://media.discordapp.net/attachments/1198311023699046533/1397357165831913492/IMG_0523.png?ex=68816dc5&is=68801c45&hm=8a113d015d81bb35179e417798cfe71e8af7aefe3c387e848bd8d89bbba3037c&=&format=webp&quality=lossless&width=591&height=779

 

[Pad_Foot]

For housing is there any truth to the idea that corporations invested in the rental industry and are inflating rents for their bottom line?

End that shit! Unless those same corporations BUILD their new rentals. Rentals should not be a business or investment that gets tons of help. Certainly no more help than a single home buyer gets!

 

[Rockymtnman]

Uh oh. Inflation rose in June. But trumps killing it with the economy.

 

[dmallord]

Canada released an estimate of the American housing cost increase resulting from lumber tariffs. Adding about $14,000 per new home built. [Canada isn't paying those tariffs, no matter how much some clamor about that on the Lit Politics Tread.]

Do you support Trump's Canadian tariffs on lumber for American homebuyers?

 

[ll74]

Fun fact - 47 has given Toyota (a Japanese company) and advantage over American companies.

"america first"

https://twitter.com/x/status/1947821113792201034

 

[MajorRewrite]

The value of the dollar is down 10% in just 6 months since Trump took office.

That effectively raises the cost of all imports, but makes exporting easier.

Trump says he’s a dummy:

Trump himself remains very much in the strong dollar camp, as he reiterated just a few days ago, saying that he is "never going to let the dollar slide." The only way that could happen, he added, is "if you have a dummy" as president.

The declining dollar is fuel for inflation:

RSM's Joe Brusuelas offered in a note this week that a weakening dollar tends to be followed by inflation pressure — "but it usually takes nine to 12 months".

 

[DeluxAuto]

The Las Vegas strip.

Trump decided to outdo his great accomplishment of bankrupting a casino by bankrupting all of them, instead.

https://www.reddit.com/r/therewasanattempt/s/VvJsHknn47

Donald is the living embodiment of "failing upwards". He was born into wealth, he had an extremely easy life, and he inherited a portion of his dad's real estate empire. Because of the golden parachute he was born with, he could keep failing but still be seen as a success.

That dude kept failing over and over and over again, but he remained rich the whole time. He bankrupted his casinos more than once. He tried to start an airline but gave up on it after like 1-2 years. He tried to start a telecom company but gave up on it. He tried to start a travel website and gave up on it. He tried to start a magazine but gave up on it. (Do you see a pattern here?)

He created a university, but it got shut down and he had to pay a $25 million settlement due to fraud.

He tried to sell steaks at Sharper Image for some reason.

The only things Donald succeeds at are real estate, marketing, and fraud. But because he talks a big game and is a really confident liar, he's fooled many millions of people into thinking he's a gifted businessman. But in reality he's a constant failure who's been saved by his daddy's money his whole stinking life.

https://www.reddit.com/r/therewasanattempt/s/7c64CAkr6I

 

[1984X2024]

awesome deal he made with Japan

only The Boss could pull it off

 

[Rightguide]

TrumpTariffs took a $1.1 billion bite from GM’s profits.



Trump’s new taxes on American businesses and consumers have an impact, despite what sheep try to tell us.

So pencil it all out for us.

 

[Rightguide]

Trump just signed the biggest trade deal in US history with Japan. It promises over 500 billion in Japanese investment in the U.S. They're going to open their markets to US competition. They agreed to Trump's 15% tariff estimated to bring in over 20 billion a year. More winning against the old globalist order.

https://www.financialexpress.com/wo...ens-market-to-us-goods-key-takeaways/3923610/

 

[BabyBoomer50s]

Some drill down insight. The world’s 4th largest economy.

 

[1984X2024]

Trump just signed the biggest trade deal in US history with Japan. It promises over 500 billion in Japanese investment in the U.S. They're going to open their markets to US competition. They agreed to Trump's 15% tariff estimated to bring in over 20 billion a year. More winning against the old globalist order.

https://www.financialexpress.com/wo...ens-market-to-us-goods-key-takeaways/3923610/

Actually

At Trump's discretion to build factories and investments, Japan has to finance it, doesn't cost us anything

90 to 10 profit sharing

Huge

 

[MajorRewrite]

So pencil it all out for us.

Look at what you quoted. TrumpTariffs cut GM’s quarterly profits by $1.1 billion.

 

[Setanta84]

I have a bad feeling that the deal with Japan is part of getting Japan, South Korea, Taiwan, the Philippines, and Australia to agree to essentially be the Chinese fronts of WWIII.

 

[ll74]

Actually

At Trump's discretion to build factories and investments, Japan has to finance it, doesn't cost us anything

90 to 10 profit sharing

Huge

Lol. Toyota is still making cars in Japan and is hit with less tariffs than Ford

 

[ChinoMoreno]

Trump is going to pay us to take drugs!

 

[ChinoMoreno]

I have a bad feeling that the deal with Japan is part of getting Japan, South Korea, Taiwan, the Philippines, and Australia to agree to essentially be the Chinese fronts of WWIII.

Bro there is no deal with Japan.

 

[MajorRewrite]

They agreed to Trump's 15% tariff estimated to bring in over 20 billion a year.

You continue to celebrate Trump’s new taxes on American businesses and consumers.

“They agreed to Trump’s 15% tariff estimated to take over $20 billion a year from Americans.”

 

[MajorRewrite]

Trump is going to pay us to take drugs!

View attachment 2554768

“We will have reduced drug prices by 1000%, by 1,100%, 1,200%, 1,300%, 1,400%, 700%, 600%. Not 30% or 40% or 50%. But numbers likes of which you’ve never even dreamed of.”

“We’re gonna get the drug prices down,” Trump said. “Not 30% or 40%, which would be great. Not 50% or 60%. No, we’re gonna get them down 1,000%, 600%, 500%, 1,500%. Numbers that are not even thought to be achievable.”

It’s absolutely true that Donnie’s moronic math is “numbers that are not even thought to be achievable”.

 

[Setanta84]

Bro there is no deal with Japan.

They agreed to a trade agreement that is weirdly bad for them even by the standards of agreements empires make with their vassal states while dealing with significant problems at home. The speculation around why Japan would do that is that there might be some sort of sweetener in the deal that hasn't been disclosed yet.

This comes on the heels of America publicly asking Japan to declare a side in a possible war with China. A huge sweetener buried somewhere in the trade agreement would essentially be a bribe to get them to agree to something that insane.

The US is trying to get Europe on the hook for Ukraine so they can pivot to a war with China. We've already moved most of our military resources to Asia and are holding some of the biggest military exercises in decades.

It looks like the plan is to go to war with Russia, China, and Iran at once to halt the decline of the US role as the global hegemon and the rise of a multipolar world. That is essentially WWIII, with the two sides being BRICS and NATO.

 

[ChinoMoreno]

They agreed to a trade agreement that is weirdly bad for them even by the standards of agreements empires make with their vassal states while dealing with significant problems at home. The speculation around why Japan would do that is that there might be some sort of sweetener in the deal that hasn't been disclosed yet.

This comes on the heels of America publicly asking Japan to declare a side in a possible war with China. A huge sweetener buried somewhere in the trade agreement would essentially be a bribe to get them to agree to something that insane.

The US is trying to get Europe on the hook for Ukraine so they can pivot to a war with China. We've already moved most of our military resources to Asia and are holding some of the biggest military exercises in decades.

It looks like the plan is to go to war with Russia, China, and Iran at once to halt the decline of the US role as the global hegemon and the rise of a multipolar world. That is essentially WWIII, with the two sides being BRICS and NATO.

My dude can you produce the signed deal?

 

[MajorRewrite]

They agreed to a trade agreement that is weirdly bad for them even by the standards of agreements empires make with their vassal states while dealing with significant problems at home. The speculation around why Japan would do that is that there might be some sort of sweetener in the deal that hasn't been disclosed yet.

This comes on the heels of America publicly asking Japan to declare a side in a possible war with China. A huge sweetener buried somewhere in the trade agreement would essentially be a bribe to get them to agree to something that insane.

The US is trying to get Europe on the hook for Ukraine so they can pivot to a war with China. We've already moved most of our military resources to Asia and are holding some of the biggest military exercises in decades.

It looks like the plan is to go to war with Russia, China, and Iran at once to halt the decline of the US role as the global hegemon and the rise of a multipolar world. That is essentially WWIII, with the two sides being BRICS and NATO.

Please don’t post conspiracy theories in the economics thread. Thank you.

 

[Setanta84]

Please don’t post conspiracy theories in the economics thread. Thank you.

I like how people who are too dumb to know that Western media is pure propaganda are always so condescending.

 

[BabyBoomer50s]

Bro there is no deal with Japan.

Whatever they call it, markets liked it.