David Doney

Summarizing CBO, Fed and other analyses of Trump's truly awful economic policies, so you have it all in one place for sharing. 🔴Bottom 80% are expected to be worse off from the combination of Trump's tax bill (OBBBA) and tariffs. 1/ budgetlab.yale.edu/research/combi…

In a couple of years, we could be Hungary.

@zerohedge @TonyIsHere4You x.com/david_charts2/…

CPI 0.6% MoM, Exp. 0.6% CPI 3.8% YoY, Exp 3.7% CPI Core 0.4% MoM, Exp. 0.3% CPI Core 2.8% YoY, Exp. 2.7%

@talmonsmith x.com/david_charts2/…

Best of Luck Mr. Warsh

#inflation x.com/David_Charts2/…

@byHeatherLong x.com/David_Charts2/…

JUST IN: Inflation is now eating up all wage gains for the first time in about three years. This is painful for Americans and a true financial squeeze. CPI Inflation in past year: 3.8% Wage gains: in past year: 3.6%

Americans are trying to work more hours to keep up as gas and food prices rise. Even so, real average weekly earnings **Decreased** in April as inflation ate up all the wage gains and extra hours worked. Real weekly earnings for all workers: -0.2% in April Real weekly earnings for "rank and file" workers: -0.3% in April

It's not just gas prices going up... Grocery prices and electricity also jumping. These are the basic costs for most Americans.

@byHeatherLong x.com/David_Charts2/…

JUST IN: U.S. inflation jumped to 3.8% (y/y) in April--> the highest in three years. This is painful for Americans, especially moderate-income households. Inflation rose 0.6% in the month of April due to soaring gas prices that accounted for over 40% of the increase. Rising shelter and food prices also pushed up inflation. Core inflation (which excludes food and energy came in at 2.8% (y/y) in April

Since Trump started, here are the cumulative % changes in key measures of household finances, reflecting today's inflation report. fred.stlouisfed.org/graph/?graph_i…

There is nothing the extremists can do to gerrymander away the reality of their failed record. The Republican economy is a disaster for working class Americans.

BREAKING: The US Strategic Petroleum Reserve released last week >1.22 million barrels a day (~8.6 million for the week). That's the largest ever weekly release, surpassing the peak rate seen in 2022 when President Biden tapped the SPR after Russia invaded Ukraine.

@harryjsisson @kimleannelliot He must have seen the inflation report.

Trump had one of his worst mental health episodes yet last night, posting over 55 times in 3 hours. Here is the list: 10:15 PM - Accuses Obama of attempting a coup in 2016 10:15 PM - Says Obama worked with CIA to overthrow Trump 10:15 PM - Reposts tweet saying Obama is a “traitor” and that he should be arrested 10:22 PM - Attacks dominion voting systems for 2020 election saying they switched votes 10:22 PM - Says Fulton County, GA had their 2020 fraud exposed (there was none) 10:23 PM - Accuses Obama of personally making $120 million from Obamacare (wtf?) 10:23 PM - Cites quack lawyer Sidney Powell on the 2020 election 10:24 PM - Posts fake JFK Jr account that says Obama wiretapped Trump Tower 10:27 PM - Demands Senator Mark Kelly resign 10:29 PM - Claims neither Biden nor Harris were in charge of the Biden admin 10:29 PM - Attacks Fulton County, GA again 10:29 PM - Posts Fox News clip of Rep Ro Khanna 10:30 PM - Demands Jack Smith be arrested 10:30 PM - Accuses Obama, Clinton, and Comey of treason 10:39 PM - Reposts a tweet from a MAGA account saying they have secret intel proving Clinton and Obama committed crimes 10:39 PM - Reposts a MAGA tweet saying Hillary Clinton should be sent to Haiti 10:40 PM - Says the DOJ is “working hard” to arrest his enemies for treason 10:40 PM - Reposts a tweet attacking his own DOJ and Todd Blanche for no arrests of political enemies 10:40 PM - Posts a TikTok video of people stealing from a convenience store 10:41 PM - Posts a TikTok of someone taking a Door Dash order 10:41 PM - accuses Obama, John Brennan, and Clinton of sedition and treason again 10:42 PM - Posts a video of a man on CCTV footage knocking over food a waiter was carrying 10:47 PM - Calls Obama the “most DEMONIC FORCE” in American politics 10:47 PM - Posts a tweet from Mike Flynn saying 2020 election wasn’t fair 10:49 PM - Attacks Dominion again claiming they stole the 2020 election (it wasn’t) 10:51 PM - Reposts a fake Charlie Kirk account that claimed Obama blocked Hillary Clinton from being prosecuted 10:53 PM - Claims Obama was part of Hillary Clinton’s emails in some way 11:28 PM - Claims a senior Democrat just testified under oath that Senator Adam Schiff leaked classified information 1:13 AM - Attacks the New York Times for reporting on the reflecting pool This man is clearly not well.

We had to change the Y axis again!!

Hassett, translated: Now that we have fewer immigrants, we have fewer jobs. I know that contradicts what we told you when we said immigrants were taking your jobs. I just figured you rubes would fall for the lump of labor fallacy.

@GasBuddyGuy Each $1 increase costs families $1,000 per year.

Washington is debating suspending the 18.4¢ federal gas tax. But nobody is talking about the REAL tax Americans are paying: the Iran war premium. It’s adding roughly $1.35 per gallon right now, costing drivers about $571 million today alone. Over 71 days? Nearly $28 billion.

@GovPressOffice @WASBAPPIN $1 increase in gas price is $1,000 per household per year. Put economics in perspective by using household or per-person terms.

IT IS LONG PAST TIME TO ELIMINATE THE IRAN WAR GAS PREMIUM BEING CHARGED TO EVERY AMERICAN!!

Since Bush v Gore, the Supreme Court has demonstrated that their first rule is helping Republicans win. They are responsible for the loss of confidence in their impartiality. They are creating the demand for reform.