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Unemployment's up. Inflation isn't coming down.
The cracks are starting to show, and Banker Bill might be even more critical of Trump's economy than Democratic Media Consultant Kobi Tirey.
But Trump isn't burying the economic numbers in distractions and deflections. He's doubling down with new tariffs and more debt. And he won't stop making the headlines with new attacks on the Fed.
Why?
Because if Trump can get the interest rates down low enough, he might just get away with it.
If he could control interest rates, Trump would be able to run our economy hotter, prop up the tariffs, and "manage" our debt by selling bonds to ourselves. Right now, the only thing standing in the way is Jerome Powell and an independent Fed, and who knows how long that will last.
By Is It Bad For The EconomyUnemployment's up. Inflation isn't coming down.
The cracks are starting to show, and Banker Bill might be even more critical of Trump's economy than Democratic Media Consultant Kobi Tirey.
But Trump isn't burying the economic numbers in distractions and deflections. He's doubling down with new tariffs and more debt. And he won't stop making the headlines with new attacks on the Fed.
Why?
Because if Trump can get the interest rates down low enough, he might just get away with it.
If he could control interest rates, Trump would be able to run our economy hotter, prop up the tariffs, and "manage" our debt by selling bonds to ourselves. Right now, the only thing standing in the way is Jerome Powell and an independent Fed, and who knows how long that will last.