The propaganda press has spent the last few weeks desperately trying to convince Americans that there was an impending recession due to President Donald Trump’s pro-America agenda that included levying tariffs on countries ripping off the United States.
“Companies buying foreign products pay the tariffs imposed on them — and, as a result, face higher costs that are typically passed on to customers,” one Associated Press article read.
NBC News warned that “Trump’s new tariffs will hit lower-income households the hardest.”
CNN said, “Trump’s tariffs will be bad for you. And you, and you, and you, and you.”
Another CNN headline read: “Trump chaos has already damaged the economy. It may be too late to fix it.”
MSNBC went with an op-ed titled “Trump’s tariffs are incoherent and destructive.”
The examples are endless. But on Thursday, that narrative crumbled.
Axios, citing newly released data, reported that there are not signs “of recessionary or inflationary conditions implied by business and consumer surveys.”
The data, according to Axios, show “steady retail sales and a surprising drop in wholesale prices in April.” Data also reportedly indicate that “spending at restaurants and bars, among the few service-sector categories in the retail sales report, rose by 1.2% in April.”
Hellbound and Down 