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Hawaii is now pushing the climate agenda by placing a tax on tourists. Watch tourism drop off. Its all about taxing the people. Feds favorite inflation indicator shows that inflation has gone down. The Fed is now trapped, their plan has failed. They will try again. Appeals court has now allowed Trump to continue with the tariffs, China violated the tariffs agreement. The [DS] is playing their hand and they are showing the world what a real insurrection looks like. Trump is playing the long game, he knows the people must see it so the people move to remove those individuals that support the judicial coup. Trump is following the constitution and proving to the country that the [DS] is putting the country into a constitutional crisis. This is not about a band-aid fix, this is about reclaiming the government and taking the power back. The [DS] is beging destroyed.
Economy
https://twitter.com/TomFitton/status/1928227336010228155
Despite Tariff-flation Fearmongering, Fed's Favorite Inflation Indicator Tumbles To Four-Year Low
The Fed's favorite inflation indicator - Core PCE - fell once again in April to its lowest since April 2021 at +2.5% YoY...
Source: Bloomberg
Services inflation is slowing rapidly...
Source: Bloomberg
Headline PCE fell to +2.1%...
Finally, for all the terror of tariffs in the soft survey data, spending continues to increase and incomes are growing strongly...
...it's gonna be hard for Powell to justify the 'pause' now.
Source: zerohedge.com
Core Inflation Falls To Lowest Rate In Four Years
Compared with a year ago, prices are up just 2.1 percent. That just one-tenth above the two percent rate of inflation the Fed says it targets. In March, prices were up 2.3 percent from a year earlier.
Core prices, a measure that excludes food and energy, also rose 0.1 percent. Over the past year, core prices are up 2.5 percent, the smallest year-over-year increase since March of 2021.
Source: breitbart.com
https://twitter.com/TrumpWarRoom/status/1928445800717168981
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https://twitter.com/KobeissiLetter/status/1928494968869380555
John Deere to Invest $20 Billion in America – New Assembly Lines, Factories, and US Steel
A major announcement from John Deere is giving more hope for a future with a prosperous economy.
According to the company website, John Deere will invest $20 billion in the United States over the next decade, with hometowns where these investments will go seeing a projected $25 billion impact.
Factories in Tennessee, North Carolina, Missouri, Iowa, and Illinois will see new expansions, new assembly lines, or new factories altogether. Additionally, the company boasted a majority of the raw steel used in these factories will be from the United States.
A more specific breakdown showed new assemble lines in Waterloo, Iowa; an expansion to the factory in Greenville, Tennessee; a new excavator factory in Kernersville, North Carolina; a 60,000-square-foot expansion to the factory in Moline, Illinois; and a 120,000-square foot expansion in Missouri.
John Deere included in their release that 75 percent of all products sol...