Buyer’s remorse has just begun, warnings that the United States has been outstanding again before Rich logishe believes the economic hangover ahead is still filling the cart family with a tariff-driven price increase.
Inflation is shaky, a sore confidence and balloon deficit, towards all points in the same direction. In a May 11 submission for Salon, Logis, the executive director of the nonprofit, left Maga, believes the cost of Maga is falling on the lower and middle-income wallets that once celebrated them.
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Logis tells how the rally became “omnipresent” until the imminent deportation, tariff threats and constitutional flashpoints forced him to leave the movement and initiated the nonprofit to leave Maga.
Behind the fresh poll is his intuition. Pew Research Center’s national survey found president Donald TrumpJob approvals stalled, while 59% of adults rejected his widespread tariff rate hikes — worse than in February.
Washington’s ledger doesn’t look rose-colored. The non-partisan Congressional Budget Office predicted in January that the federal deficit would reach $1.9 trillion this year, pushing government debt to 118% in 2035.
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Immigration policy adds another bill. The Institute for Immigration Policy’s March summary estimates that strengthening deportation, as well as selling public relations, will cost at least $200 million before court battles or shipping costs.
Retailers are speaking out. Walmart (NYSE: WMT) CFO John David Rainey Inflation is still a factor — about 40 basis points compared to last year — but the company is managing it with stronger margins and changes in its portfolio of businesses, thus providing some room for price adjustments when needed.
Atlanta Fed Chairman Raphael Bostic According to Reuters, warning that businesses are approaching restrictions on their ability to absorb import taxes, indicating a huge surge could occur. Early strategies such as storage are becoming increasingly effective, and future price transfers may reveal consumer reactions, he said.
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Consumer sentiment has reflected the sticker impact. The survey shows that the University of Michigan’s preliminary consumer sentiment index slipped to 50.8, the lowest reading since 2022, and that almost three-quarters of respondents spontaneously blamed the tariffs.
