You maybe don’t have the time to get to my question today, and that’s fine. But before the day got any older, I wanted to add: Happy Valentine’s Day, Peter! And what scandalously flirtatious compliment should I give you this year? Let’s just say, if you were James Bond marrying the glamorous contessa, I’d be Miss Moneypenny, envying her with all my heart.
Very insightful, Peter - thank you. And this data is indeed confounding for Trump’s strategy. If he stays the course of imposing tariffs, thereby raising at least short-term inflation, people are going to be massively ticked off. Discontent about inflation has already been rising for years, and people are in no mood for more of it! So, how will Trump placate the populace? It will need to be a substantial benefit. Trump has teased about several possibilities, such as eliminating federal taxes, or at least taxes on Social Security and tips. Some of these possibilities are (politically) far-fetched, however. Peter, do you see a likely, and feasible, method of soothing the nation’s ire should inflation continue to rise? I’m hoping that Trump’s team has already formulated a Plan B, and maybe you can see what it is likely to be.
You maybe don’t have the time to get to my question today, and that’s fine. But before the day got any older, I wanted to add: Happy Valentine’s Day, Peter! And what scandalously flirtatious compliment should I give you this year? Let’s just say, if you were James Bond marrying the glamorous contessa, I’d be Miss Moneypenny, envying her with all my heart.
Very insightful, Peter - thank you. And this data is indeed confounding for Trump’s strategy. If he stays the course of imposing tariffs, thereby raising at least short-term inflation, people are going to be massively ticked off. Discontent about inflation has already been rising for years, and people are in no mood for more of it! So, how will Trump placate the populace? It will need to be a substantial benefit. Trump has teased about several possibilities, such as eliminating federal taxes, or at least taxes on Social Security and tips. Some of these possibilities are (politically) far-fetched, however. Peter, do you see a likely, and feasible, method of soothing the nation’s ire should inflation continue to rise? I’m hoping that Trump’s team has already formulated a Plan B, and maybe you can see what it is likely to be.