Washington Insider: Kevin Hassett’s Bid for Fed Chair

The American economy is having quite the revival, a renaissance if you will, thanks to the genius leadership of President Donald Trump. According to the Labor Department, core wholesale prices have risen less than expected, hinting at a cooldown in inflation. This is particularly good news for those planning to hit the road for Thanksgiving, as national gas prices have hit a four-year holiday low. As of now, the average price per gallon is around $3.07, with prices dipping below $3 in nearly 30 states. So, fill up those tanks, gather the family, and enjoy the savings.

Now, onto more mouthwatering news. The average cost of a Thanksgiving dinner for ten people is now down by five percent. Imagine that! Families across the nation can enjoy their turkey feast without worrying as much about the financial aftermath. The American Farm Bureau Federation seems to be in on the secret that the media just can’t get right – the economy is booming, and it’s all thanks to President Trump’s policies.

Critics, of course, have been clamoring to depict this economic upswing as something other than the miracle it is. There have been murmurs about inflation during Biden’s time, which apparently was too complex for some media outlets to unpack properly. Under Biden, inflation soared above 20%, leaving Americans with a reduced purchasing power, a fact that seems to have slipped through the cracks of many a liberal media narrative. But here we are, under Trump’s guidance, with a recovery in purchasing power, and still, they can’t seem to fathom the secret sauce.

The media has tried to convince Americans that the economy is spiraling. Yet, in reality, retail sales are up more than they expected. Year over year, the economy is growing, despite the grim tales spun by the usual suspects. One particularly amusing moment involved a Sunday show where an anchor scoffed at the notion of cheaper Thanksgiving dinners, claiming Walmart had downgraded to generic brands. Heaven forbid anyone should have to resort to using generic items! It’s almost like they forget that most ordinary folks don’t concern themselves with brand names as long as they can save a buck.

Trump’s administration is what’s driving this resurgence. He’s leading us away from the economic mire of the previous administration and steering the country towards prosperity. With talk of a potential Fed Chair appointment and debates on interest rate cuts, there’s a lot on the horizon. Let’s hope the folks at the Federal Reserve are taking notes and basing their decisions on actual data rather than old habits. The combined force of tax cuts, deregulation, and trade deals is hard to deny, and the American people are reaping the benefits. It’s a glorious time to be an American.

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Keith Jacobs

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