Tuesday

June 3rd, 2025

Insight

Trump's Unbelievable Economic Triumph

Dick Morris

By Dick Morris

Published June 1, 2025

Trump's Unbelievable Economic Triumph

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Here's the data:

Because of Trump's tariffs, foreign imports into the United States are down by an amazing 46% in the past month!!

According to an advance estimate from the Census Bureau, the goods trade gap plummeted 46 percent, to $87.6 billion, from the all-time high of $162.25 billion registered in March. This represented the smallest trade deficit for goods since December 2023.

And there is no inflation. The annual US inflation rate is currently 2.3%, according to the Bureau of Labor Statistics. This figure represents the lowest level since February 2021.

Or unemployment. The US Unemployment Rate is at 4.20%, compared to 4.20% last month and 3.90% last year. This is lower than the long term average of 5.68%.

What a triumph!

Despite the warnings of most mainstream economists, Trump has pulled it off! No real inflation or unemployment and a dramatic reversal of our historic balance of trade deficit!

And, it's showing in the polls. Rasmussen Reports, a name many trust, dropped a bombshell. A full 50 percent of voters say America is finally on the right track. Yes, you read that right. Fifty percent. From 'The Post Millennial' reporting on Rasmussen's Mark Mitchell:

"In 20 years, the percent of people who say the U.S. is headed in the right direction has never been higher than today."

Mark Mitchell himself, the pollster at Rasmussen, called it "Uncharted Territory." He even said, "Never thought I would see it." He's been tracking this since 2006. So, he knows a thing or two.