Consumer Price Index.....not looking good for Trump

[hal9000]

Negative real wage growth, here we come (if we're not already there)!

https://www.bls.gov/cpi/

In June, the Consumer Price Index for All Urban Consumers increased 0.1 percent seasonally adjusted; rising 2.9 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy rose 0.2 percent in June (SA); up 2.3 percent over the year (NSA).

also,

https://www.cnbc.com/2018/07/25/tariffs-are-about-to-hit-consumers-and-it-wont-be-pretty.html

Tariffs are about to hit consumers, and it won't be pretty
If the $200 billion of tariffs against China are implemented as planned, consumers could see price increases of 20 percent, according to an analysis by Societe Generale.
The Trump administration's latest plan targets a list heavily weighted toward consumer goods. The earlier tariffs targeted mostly industrial and intermediate goods.

 

[Lance Mannion]

At what point in your life did you get the nutty idea that the president is responsible for running the economy?

 

[hal9000]

At what point in your life did you get the nutty idea that the president is responsible for running the economy?

ask trump that same question

 

[Woke AF]

Let them eat cake.

 

[Autoprax]

Wait, Duffy, just told me everything was fine.