US economic update: High growth, shrinking deficit, lower inflation.

[ajl]

President Trump's US economy is on a roll. Q3 2025 growth was 4.9%, and inflation is January under expectations and the deficit is trending downward in recent months as. Even though DOGE was a disappointment in that it did not go far enough, the Trump administration is making significant progress in shrinking the deficit. Unemployment remains low even though they have significantly reduced government payroll. Stuff we can only dream of in northern shitholistan.

[Landdownunder]

Watched from afar the tariff regime in theory its ok but only works if existing infrastructures in place to get industry to return if they have to start from scratch rarely works will see if US economy has broken my theory. Not going to get into a pointless Trump argument above that, this is the economic rationale why they did it rather than who.

[AlbertaFarmer5]

, this is the economic rationale why they did it rather than who.

You'll never fit in with all the tribal kids on here.

[blackpowder]

Trump-alicous is a fun fad.
I dunno, the planes that bombed Pearl had TX gas in their tanks.
The torpedoes, US steel if I'm not mistaken. The embargoes not in place till early 41?
Protectionism is age old and often short term if not short sighted. The US has a track record of this for sure if not all nations.

Spent a warm sunny dry day watching a rig tripping in to a 0.8 metre horizontal zone. In a field that has been punched relentlessly for 60 years. The hole numbers over the years are boggling.

The US economy numbers are a snapshot. Meh. But yet, I watch oil trains roll by daily. And grain.
Voters follow Chucks. Bankers don't. Voters may drive but bankers sell the gas.

Edit. Chowed down on perfect loaf of home bread, slabs of butter and pickled herring, Dad's Cookie's washed down with a 1/2 qt milk.
Life is good.

[blackpowder]

Why do they do it?
Because they need to.
Protectionism in the psyche.

[chuckChuck]

• Labor Market Paradox: Despite high GDP growth, job gains were very weak. Initial reports suggesting 584,000 new jobs were revised down to just 181,000 for the year, marking the lowest growth since 2003 (excluding recession years)
  .

• Inflation & Rates: Inflation held firm in 2025, with lingering effects from import tariffs. The Federal Reserve maintained higher rates to combat this, contributing to a "one-legged stool" economy reliant heavily on consumer spending.

Trump Oversells Recent U.S. Economic Growth

[url]https://www.factcheck.org/2026/02/trump-oversells-recent-u-s-economic-growth/[/url]

Giacomo Santangelo ([url]https://www.fordham.edu/academics/departments/economics/faculty/giacomo-santangelo/[/url]), a senior lecturer of economics at Fordham University, told us in an interview that consumption is the “largest portion” of GDP, and that people are currently taking on more debt to finance that spending. “That’s what’s driving this economy,” he said.

Joseph Brusuelas, chief economist at RSM, wrote ([url]https://perma.cc/Y3SZ-YAXA[/url]) in December that the third-quarter growth was due to “[h]ousehold consumption driven by higher-income consumers and AI-related investment,” which he said “accounted for just under 70% of total growth during the [third] quarter.”

[Landdownunder]

Fact remain same product built cheaper elsewhere most will buy cheaper similar product built cheaper maybe maybe not.
I try hard to buy Australian made as often as I can foods etc especially but reality might make up 50% of spend just way it is. Clothing as well try to buy oz. Tyres actually American or Israel oddly Chinese tyres just dont last in our stony soils all white goods some European some Chinese. Try hard to buy completely local but impossible. Farm side of things bearings chemicals fencing gear all Chinese Fert Chinese getting into that seriously