E.J. Antony

They say what they think will sell books or appeal to politicians Whatever the case may be

Look, at the end of the day, the same people who have been ragging on President Trump and his policies were the exact same folks cheerleading for Biden and were dead wrong about inflation being transitory.

Remember that one?

And they also are the same folks who were wrong during the first Trump administration.

You know, guys like Paul Krugman, after Trump was elected in the first term, he told everybody, look, I've sold my stocks and everyone else should too because Trump's going to crash the market.

What happened?

The market took off.

hit record high after record high exactly what it's doing this time around Paul Krugman was one of the cheerleaders under Biden who said inflation's transitory there's nothing to worry about nothing to see here and then when we had inflation he told people oh it's just all in your head it's not a problem and then inflation was somehow good for you I mean these people are liars Steve

Well, Steve, one of the biggest things is that as the government is spending and borrowing and printing less money, it means less inflation.

It means you don't have to worry about the raise that you just got being eaten away by higher prices.

And that's why earlier we mentioned paychecks.

It's not just that paychecks are bigger, it's that they buy more.

That's the real kicker.

That's what we want to see.

It's that wages have to rise faster than prices.

That's not what happened under Biden, but it is

what's happening under trump and as we start seeing effects of the big beautiful bill kick in like the full expensing these these different tax cut provisions as people change their withholdings and they get bigger refunds and they keep more of their they have more take-home pay essentially because less is getting removed in taxes with each check all of these things are going to help increase consumer spending

It's going to increase business investment.

This means faster wage growth.

It means more people getting hired.