E.J. Antony

For context, in the previous fiscal year, when we still had Biden in office, that same category of revenue, these customs duties, the

income coming in from tariffs was only $20 billion.

So fourfold increase there, really tremendous progress.

This is helping reduce the deficit, which is significantly lower right now than it was this time a year ago.

And again, coming back to these inflation numbers that we're seeing at the consumer level, not only has inflation cooled, but wage growth has not.

That means paychecks are continuing to get bigger.

And more importantly, they buy more than they did

a year ago.

They buy more than they did when Trump took office.

In fact, the average American's weekly paycheck, Steve, buys about 1.5% more now than it did when Trump took office.

Conversely, under Biden, that average weekly paycheck shrunk, at least in terms of what it could buy, by about 4%.

So that tells you two things.

One, we are course correcting.

We're heading in the right direction.

The boom that Scott Besson keeps talking about has already begun and it's going to continue.

But it also tells us that we haven't yet undone all of that damage from the Biden administration.

And I think that's how you square the circle of how can the economy be improving so much while so many people still feel dissatisfied.

We are still dealing with the hangover from the Biden years.

Steve because these these so-called experts they're not experts in in fields like economics.

They're experts in politics They say what they think will sound good.