Tag Archives: Inflation

Jul 14 2025

Will Mass Deporation Harm US GDP?


Posted Jul 14, 2025 by Martin Armstrong 

GDP 3

The Federal Reserve Bank of Dallas believes that mass deportation efforts will negatively impact US GDP. Projections speculate that GDP could decline by nearly a percentage point in 2025, followed by larger cuts in the coming years.

GOVERNMENT SPENDING IS FACTORED INTO GDP.

I have repeatedly warned that Donald Trump would be blamed for the stagflation we are experiencing, when in reality his policies could not have impacted a cycle that was already in motion.

The study used a baseline scenario where 2.4 unauthorized migrants were deported in 2025, leading to a 0.8% drop in GDP for 2025. In a scenario where 1 million migrants are deported annually through 2027, the study believes GDP could decline by 0.9% in 2025 and 1.5 percentage points by 2027.

The study states that the labor force will contract as a result of closed borders, which is not a reflection of reality, as Americans are filling the roles once taken by non-foreign-born workers.

The problem is the brain-dead method used to calculate GDP. Government spending happens to be one of the main components of GDP. Cutting the public sector, for example, cut into GDP as even the salaries of government employees are factored into calculations.

GDP=C+I+G+(X−M)

  • C is consumer spending,
  • I is business investment,
  • G is government spending on goods and services,
  • X is exports,
  • M is imports

An untold fortune has been spent on open border policies. New York City alone believes migrant-related costs will reach $12 billion by mid-2025. The House Budget Committee stated in a 2024 report that American taxpayers were forced to pay at least $150.7 billion on “President Biden’s open border policies,” but that is a low estimate.

The American people are forced into increased taxation as a result of these policies. GDP calculations are a disaster and too warped to reveal the true health of the economy. Stagflation was inevitable, but the academics will continue to blame Trump-era policies that have had absolutely zero impact on the ongoing cycle.

Jul 14 2025

New Report Finds Tariffs not to Blame for Inflation


Posted originally on Jul 14, 2025 by Martin Armstrong 

Trump tariff

The Council of Economic Advisers (CEA) issued a new report that found tariffs are not to blame for inflation. In fact, the cost of imported goods has fallen this past year to a lower level than that of overall goods.

“CEA’s directional findings using this method of analyzing the PCE are consistent across core goods (excluding food and energy), durables (which last for at least three years), and nondurables,” the report reads. “The import contribution to inflation includes both the direct impact of imported final goods for consumption and indirect effects of imported intermediate inputs.”

Imported goods fell by 0.8% while the price of overall goods remained stagnant. The PCE index rose 0.4% from December to May or a 1% annualized rate, according to the CEA’s findings. Yet, the imported portion of PCE fell by 0.1% during the same period.

“The results clearly show the price of imported components declining, starting in March, while overall prices were close to unchanged or increased slightly,” the report reads. “Cumulatively, overall PCE prices have increased by about 1.1% since December compared to about 0.2% for PCE import prices. However, those values include pricing for services, which tend to have lower import intensity, so the divergence could be due to stickier services prices.”

The agency concluded “there is no clear trend break” this year in prices, despite the headlines claiming tariffs are the reason inflation remains above target.

Jul 13 2025

BREAKING: Kash Patel Considering Resigning If Dan Bongino Leaves


Posted originally on Rumble By Bannon’s War Room on: July 12, 2025, at 1:00 pm EST

Jul 13 2025

Ep 3683b-D’s Took The Epstein Bait, Comey, Brennan, Multiple Agencies Investigating, It’s All Connected


Posted originally on Rumble By X 22 Report on: July 9, 2025 at 6:15 pm EST

Jul 13 2025

The Deep State Wins Again


Posted originally on Jul 13, 2025 by Martin Armstrong |  

Every single person who was on the January 6th Commission that was trying to call it an insurrection to use the 14th Amendment to prevent Trump from even running for office should be hauled out and put on trial under 18 U.S. Code § 595 – Interference by administrative employees of Federal, State, or Territorial Governments. The objective of that entire committee was treasonous, and its members should be put on trial for the world to see. The judges who presided over the January 6th cases should also be disbarred. Until this is carried out, the Deep State will survive and prevail.

There can be no free society or equal protection of the law until every member of that committee is criminally charged and put on trial.

Deep State 1

Jul 12 2025

MARK KRIKORIAN: President Eisenhower got illegals to leave on their own; most self-deported.


Posted originally on Rumble By Bannon’s War Room on: July 11, 2025, at 1:00 pm EST

Jul 12 2025

Ben Bergquam: “We’re Spending Billions On Foreign Countries While Our Citizens Were Left To Die.”


Posted originally on Rumble By Bannon’s War Room on: July 11, 2025, at 1:00 pm EST

Jul 11 2025

Natalie Winters: ‘Simple Sabotage’ The Latest Trump Resistance Efforts By The Deep State


Posted originally on Rumble By Bannon’s War Room on: July 10, 2025, at 2:00 pm EST

Jul 11 2025

“No More Secrecy.” Steve Bannon Demands Full Release Of Epstein Files


Posted originally on Rumble By Bannon’s War Room on: July 10, 2025, at 1:00 pm EST

Jul 11 2025

Steve Bannon: “The Progressive Elites Of New York City Have Brought This On Themselves.”


Posted originally on Rumble By Bannon’s War Room on: July 10, 2025, at 1:00 pm EST