Tariffs Still Aren’t Raising Prices, Putin Gets Sanctioned, and Democrats Shattered by Chandeliers
Welcome back to Friday! This is the Breitbart Business Digest weekly wrap, where we review the economic news of the past seven days while practicing our best ballroom dance moves.
Since the last time we wrapped, the “lapse in appropriations” completed its third week of lapsation and is now headed into its fourth week with no signs of a pending unlapse. This was not, however, allowed to stand in the way of the Department of Labor reporting on consumer prices. The Trump administration imposed new sanctions meant to punish Putin for boring Trump with lessons about Russian history. Trump also broke off trade talks with Canada to punish Ontario for deceptively editing a speech by Ronald Reagan. Trump’s critics decided that American democracy is threatened by plans to build a ballroom in the East Wing of the White House.
The Tarifflation Bogeyman Refuses To Die
Economic data nerds rejoiced Friday when we finally received our first official government economic release in weeks: the Labor Department’s consumer price index. The report arrived thanks to a force even more powerful in Washington than immoveable partisan gridlock—the unstoppable power of Social Security benefits.
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