
Category: Economy
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Breitbart Business Digest: Business Inflation Expectations Fall Below Average
Federal Reserve Bank of Atlanta President Raphael Bostic dissented from the Federal Open Market Committee’s December rate cut, warning that the Fed’s credibility on inflation “could be at stake.”
The post Breitbart Business Digest: Business Inflation Expectations Fall Below Average appeared first on Breitbart.
Poll: Plurality Want Less or Zero Legal Migration
Two-thirds of Republicans want legalized migration to be decreased or ended, says a new poll by YouGov.
The post Poll: Plurality Want Less or Zero Legal Migration appeared first on Breitbart.
Harris, Martin talk affordability at DNC meeting: ‘S— is too expensive’
Former Vice President Kamala Harris and Democratic National Committee (DNC) Chair Ken Martin on Friday critiqued the Trump administration’s handling on rising costs and affordability, with the DNC chair candidly acknowledging that “s— is too expensive.” The two spoke at the DNC’s annual winter meeting in Los Angeles. Martin, who spoke first, told party members…
UP, UP, AND AWAY! Trump Celebrates Stock Market’s All-Time Highs, ‘I Am Doing a Great Job’
The Dow Jones Industrial Average and S&P 500 ripped to new all-time highs on Thursday as Wall Street rotated out of overheated tech names and into stocks poised to win from a strengthening U.
Five Not-So Quick Things: The Green Shoots Which Will Only Get Greener
Maybe it’s the natural contrarian in me. Or maybe it’s my irrepressible optimism (if you know me, you’ll know that’s…
Newt Gingrich Pinpoints Exact Date Next Year When He Says Americans Will Feel ‘Trump Boom’
‘biggest issues in the economy aren’t groceries’
Karoline Leavitt berates CNN’s Kaitlan Collins over inflation and the economy

White House press secretary Karoline Leavitt had a fiery exchange with CNN journalist Kaitlan Collins over the president’s recent comments admonishing Americans to buy fewer gifts this Christmas for their children.
Collins pressed Leavitt on whether President Donald Trump’s comments contradicted his separate claim that the economy was recovering in his second term.
‘Everything I’m telling you is the truth, backed by real, factual data, and you just don’t want to report on it because you want to push untrue narratives about the president.’
“If the economy is as strong as the president has said it is, then why is he telling parents two weeks before Christmas that they should only buy two or three dolls for their children?” Collins asked.
“Look, what the president is saying is that if we want products made right here in America, if we want them to be made from American small businesses, which is a large part of the reason the president has effectively implemented tariffs, then we’re going to have better quality products right here in the United States,” Leavitt responded. “Maybe you’ll pay a dollar or two more, but you will get better quality, and you’ll be supporting your fellow Americans by buying American.”
She went on to claim that every economic measure has gotten better under the Trump administration, and she cited inflation and gas prices.
“So, the best is yet to come. The president is digging our country out of the economic hole that the previous administration put us in, and that’s what he’s talking about,” Leavitt said.
“We’ve covered the economy, but there’s mixed signals in terms of what that looks like,” Collins replied, adding that grocery prices have gone up during the Trump administration.
When Collins kept pressing Leavitt, the press secretary accused the reporter of a double standard and reminded her of the media’s complicity with the messaging from the previous administration.
“My predecessor was standing at this podium, but now you want to ask me a lot of questions about it, which I’m happy to answer, but I will just add, there’s a lot more scrutiny on this issue from this press corps,” Leavitt said.
RELATED: Treasury Secretary Janet Yellen admits Biden’s spending worsened inflation
“My predecessor stood up at this podium, and she said inflation doesn’t exist. She said the border was secure, and people like you just took her at her word, and those were two utter lies!” Leavitt continued. “Everything I’m telling you is the truth, backed by real, factual data, and you just don’t want to report on it because you want to push untrue narratives on the president.”
Video of the argument was posted to social media, where it was widely circulated and viewed.
Some polling has shown a loss of support for Trump’s policies related to the economy as the pivotal midterm elections grow closer.
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Breitbart Business Digest: Why Markets Aren’t Panicking About Fed Independence
A Trumpier Fed Isn’t An Inflation Threat The financial press has been trying its best for months to gin up a panic over the independence of the Federal Reserve. We’ve had a number of dress rehearsals for the supposed death
The post Breitbart Business Digest: Why Markets Aren’t Panicking About Fed Independence appeared first on Breitbart.
We Are Not Depression Proof
Old age. Terrifying. Really scary. An invariably lethal disease. Not just sometimes. Invariably. And I used to think it was…
Trump Admin Using $11 Billion of Tariff Revenue as Economic Aid for Farmers
President Donald Trump announced Monday with Agriculture Secretary Brooke Rollins that his administration will use $11 billion of tariff revenue to economically aid the nation’s farmers.
The post Trump Admin Using $11 Billion of Tariff Revenue as Economic Aid for Farmers appeared first on Breitbart.
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