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1/2 This chart illustrates the incredible stat reposted below. Blue is retail sales AFTER inflation, almost no gain in 3 years. Orange is retail sales BEFORE (nominal), soaring as prices are much higher. How does cutting rates and pumping stocks fix this? @profplum99 https://t.co/qmcijACJT7 2/2 Yesterday, Trump said: “The word affordability is a con job by the Democrats,” Trump said Dec. 2. “The word affordability is a Democrat scam." -- If the public thinks affordability (inflation) is a problem, then it is! Yelling at them that they're being scammed, and what they see in the store is a terrible strategy. This also applies to the Fed. Blinding the public with a bunch of economists armed with STATA programs and data that Inflation is "returning to its long-run rate of 2%" is also a terrible strategy. This chart shows Trump's approval rating (black) and his approval rating on various issues. See the green line, inflation. It's at the lowest of his presidency, and far lower than everything else, even the economy (brown). Inflation is THE ISSUE. To repeat from above, how is cutting rates and pumping up the stock market going to fix this?