When corporate media argues that the economy is “holding up”, they are either embarrassingly ignorant or they are lying to you.
When Never Trumpers argue the economy did better during the (Biden-)Harris Administration that during the first Trump Administration, they are either embarrassingly ignorant or they are lying to you.
Links & Sources
Gross Domestic Product, 4th Quarter and Year 2024 (Advance Estimate): https://www.bea.gov/news/2025/gross-domestic-product-4th-quarter-and-year-2024-advance-estimate
Personal Income and Outlays, December 2024: https://www.bea.gov/index.php/news/2025/personal-income-and-outlays-december-2024
“The U.S. economy is still doing well as Americans continue to spend”: https://archive.ph/a05G5
“Key Fed measure shows core inflation at 2.8%, in line with expectations”: https://archive.ph/3w8h8
“The Fed’s go-to inflation gauge heated up again”: https://archive.ph/A82hl
Real Gross Domestic Product: https://fred.stlouisfed.org/graph/?g=1DjTC
Personal Saving: https://fred.stlouisfed.org/graph/?g=1DjU0
Personal Consumption Expenditures Price Index Month On Month: https://fred.stlouisfed.org/graph/?g=1DjEt
Personal Consumption Expenditures Price Index Year on Year : https://fred.stlouisfed.org/graph/?g=1DjAZ
PCE vs Real PCE 2021-2024: https://fred.stlouisfed.org/graph/?g=1DjEo
PCE vs Real PCE 2017-2024: https://fred.stlouisfed.org/graph/?g=1DjPH
PCE vs Real PCE 2009-2024: https://fred.stlouisfed.org/graph/?g=1DjPN
Real Personal Income vs Real Personal Consumption Expenditures 2017-2024: https://fred.stlouisfed.org/graph/?g=1Dlvp
Real Personal Income vs Real Personal Consumption Expenditures 2021-2024: https://fred.stlouisfed.org/graph/?g=1Dlvr
Real Personal Consumption Expenditures By Category 2009-2024: https://fred.stlouisfed.org/graph/?g=1DjPo
Real Personal Consumption Expenditures By Category 2017-2024: https://fred.stlouisfed.org/graph/?g=1DjPr
Real Personal Consumption Expenditures By Category 2021-2024: https://fred.stlouisfed.org/graph/?g=1DjCk
Wages and Salaries, 2009-2024: https://fred.stlouisfed.org/graph/?g=1DjQm
Wages and Salaries, 2017-2024: https://fred.stlouisfed.org/graph/?g=1Dkdo
Wages and Salaries, 2021-2024: https://fred.stlouisfed.org/graph/?g=1Dkdt
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