'STIFF': Trump blames Fed for killing America's economic boom

Core Viewpoint - President Trump emphasizes a strong economy and criticizes the Democratic affordability narrative as a "hoax," attributing high inflation and prices to their policies [1][4][11]. Economic Performance - The U.S. economy is described as having the lowest rates globally, with President Trump asserting that without the U.S. economy, there is no global economy [3]. - Inflation is reported to be approximately 3% year-over-year, indicating that prices are not decreasing but rather increasing [6]. Affordability and Wages - Real wage growth has been positive every month during President Trump's terms, contrasting with negative growth during President Biden's administration [8]. - The real measure of affordability is suggested to be real wage growth compared to expenses, rather than the inflation rate itself [7][9]. Policy Recommendations - There is a call for lower interest rates to enhance housing affordability and enable businesses to hire more people, which would further improve economic conditions [10]. Political Context - Treasury Secretary Scott Bessent criticizes blue states for obstructing tax relief measures, claiming this exacerbates financial burdens on low and middle-income households [5]. - The messaging from the Trump administration is seen as needing refinement to better communicate economic improvements and affordability [6][9].