Latest / The 47 Morning Update with Ben Ferguson / Inflation Crashes to 2.7%—Trump’s Playbook Schools the 'Experts'

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Inflation Crashes to 2.7%—Trump’s Playbook Schools the 'Experts' · The 47 Morning Update with Ben Ferguson

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  Speaker 1: Two million now and this few us anybody else, I'll
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  Speaker 1: million five, two million five five, two million five, two
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  Speaker 2: This is this Listen.
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  Speaker 1: Your husband looked, Anderson, what the hell is that?
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  Speaker 2: On about time? You're listening to the forty seven Morning
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  Speaker 2: Update with Ben ferguson.
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  Speaker 3: Good Friday morning. It's so nice to have you with
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  Speaker 3: us on the forty seven Morning Update. And this episode
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  Speaker 3: is gonna deal with some great news for all of us.
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  Speaker 3: It is a huge victory and an inflation crushed by
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  Speaker 3: Donald Trump's policies delivering it two point seven percent. No
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  Speaker 3: one saw it coming, including CNBC, who even gas at
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  Speaker 3: the numbers after they were released. So how did Donald
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  Speaker 3: Trump do it? We'll explain it all, But first I
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  Speaker 3: Morning Update and it starts right now.
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  Speaker 2: Story number one.
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  Speaker 3: Could it be that the media and the Democrats got
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  Speaker 3: it wrong yet again on the economy. The same people
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  Speaker 3: that try to convince you that there was no such
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  Speaker 3: thing as Biden inflation, and instead they want you to
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  Speaker 3: believe that the economy was incredible shape when Joe Biden
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  Speaker 3: was in office, Well, once Donald Trump got elected, they
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  Speaker 3: want you to believe everything is terrible. Well guess what,
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  Speaker 3: now there's more data show they're just a bunch of liars,
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  Speaker 3: And this time it was bigger than even conservatives could
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  Speaker 3: have imagined. There was a sharp and honestly an unexpected tumble,
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  Speaker 3: not a decline, but a tumble. Inflation to two point
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  Speaker 3: seven percent is more than just positive data point. It's
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  Speaker 3: a clear rebuke of the economic pessimism pushed by critics
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  Speaker 3: of President Donald Trump. It's also a powerful validation of
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  Speaker 3: Trump policies that his administration has been advancing. Saying, trust me,
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  Speaker 3: it's going to work. The White House was absolutely right.
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  Speaker 3: For months, economists and political opponents of Donald Trump have
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  Speaker 3: warned that Trump's aggressive economic agenda, including the tariffs that
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  Speaker 3: have brought in record dollars to the US, the energy expansion, deregulation,
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  Speaker 3: and pressure on global trade partners, would fuel, as they
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  Speaker 3: described it, inflation. Instead, the opposite has happened. Inflation not
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  Speaker 3: only did it not spike, it fell in a major way,
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  Speaker 3: and it fell faster than anyone, including those at the
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  Speaker 3: White House, were even willing to min much less claim
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  Speaker 3: it was going to become a reality. Energy dominance is
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  Speaker 3: doing exactly by the way, what Donald Trump said it
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  Speaker 3: was going to do. One of the biggest drivers behind
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  Speaker 3: the falling inflation is energy prices, and this is where
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  Speaker 3: Trump's policies are having an outsized impact. Under Trump, federal
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  Speaker 3: barriers to domestic oil and gas production have been rolled back,
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  Speaker 3: leasing and drilling approvals have accelerated. The administration signaled clearly
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  Speaker 3: that America would return to energy independence, and even a
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  Speaker 3: bigger way than it did when he was in office
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  Speaker 3: the first time. That confidence alone stabilized the markets, and
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  Speaker 3: then when supply expectations rise, prices fall not just at
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  Speaker 3: the pump but across the entire economy, which is exactly
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  Speaker 3: what we are now witnessing having a huge impact on inflation.
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  Speaker 3: Lower energy costs, reduced transportation expenses, manufacturing input costs, and
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  Speaker 3: grocery distribution prices. All of that good for the economy.
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  Speaker 3: As President Trump said on the campaign trail, energy and
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  Speaker 3: the price touches everything. Trump understood that from day one,
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  Speaker 3: and inflation numbers are now proving him to be exactly right.
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  Speaker 3: We also know that the media and the Democrats lied
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  Speaker 3: to you about the tariffs. They said over and over
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  Speaker 3: and over again, the tariffs were going to cause massive inflation.
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  Speaker 3: They said that shelves would be empty at places like Target, Walmart, Costco,
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  Speaker 3: and Sam's Club. That also never happened. One of the
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  Speaker 3: loudest criticisms of President Trump's economic strategy was by the
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  Speaker 3: left of the media, and they said the tariffs would
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  Speaker 3: not only raise consumer prices, but there would be massive
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  Speaker 3: supply chain issues. They then said that would make inflation
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  Speaker 3: skyrocket even more. That argument has also now flat out
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  Speaker 3: cold colapsed. What actually happened is this, the tariffs pressured
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  Speaker 3: foreign producers to actually absorb the costs that did not
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  Speaker 3: get passed on to Americans the way that the left
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  Speaker 3: tried to claim supply chains adjusted instead of breaking. Again,
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  Speaker 3: no empty shelves and no backlogs of basic necessities that
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  Speaker 3: Americans need. That was also a lie. It also had
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  Speaker 3: another huge impact. American manufacturing expanded rapidly, reducing the reliance
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  Speaker 3: on volatile foreign inputs, something the President said was a
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  Speaker 3: part of us having security and safety literally on a
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  Speaker 3: national security forefront. Instead of inflation spiraling upwards, which the
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  Speaker 3: left in the media said was a guaranteed thing, prices
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  Speaker 3: stabilized and markets recalibrated. Trump's tariffs weren't random, they were
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  Speaker 3: targeted leverage, forcing fairness and restoring balance. Inflation falling to
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  Speaker 3: two point seven percent shows that smart trade and enforcement
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  Speaker 3: doesn't punish the consumers, it actually protects them. And then
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  Speaker 3: the issue of deregulation, that is something that had a
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  Speaker 3: huge impact on the numbers we're witnessing right now. Deregulation
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  Speaker 3: reduce hidden inflation, and Americans have never been able to
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  Speaker 3: see the receipts before until Trump got into office, Inflation
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  Speaker 3: isn't just about sticker prices. It's also about compliance costs,
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  Speaker 3: regulatory delays, and bureaucratic drag from a government that just
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  Speaker 3: got way too big. Trump administration said, Hey, we're going
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  Speaker 3: to cut thousands of pages of federal regulations. We're going
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  Speaker 3: to reduce permitting delays. We're going to lower compliance costs
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  Speaker 3: for small and medium sized businesses with something else they
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  Speaker 3: said was vitally important. And when businesses spend less money
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  Speaker 3: navigating Washington, that's when you get at what we're witnessing
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  Speaker 3: right now. Products that are fast to the market, they
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  Speaker 3: end up hiring more people and they keep prices lower.
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  Speaker 3: This invisible inflation, as the White House described it, rarely
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  Speaker 3: makes headlines, but removing it has a real, end measured effect.
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  Speaker 3: The two point seven percent inflation figure reflects those savings
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  Speaker 3: working their way through the economy, and then it comes
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  Speaker 3: down to confidence has returned to the marketplace and the
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  Speaker 3: markets have actually responded. Inflation is also psychological. When consumers
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  Speaker 3: and businesses believe prices will rise, they behave in ways
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  Speaker 3: that make it happen well. Trump's leadership clearly restored economic confidence.
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  Speaker 3: Businesses began investing again, consumers stopped panic buying, markets adjusted
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  Speaker 3: expectations downwards. That confidence reduces volatility, and volatility is a
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  Speaker 3: major inflation. Washington elites expected chaos, the markets and the
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  Speaker 3: people saw clarity and they understood the rules of the
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  Speaker 3: game because of a president that was transparent, which brings
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  Speaker 3: us to fiscal discipline, and that was reassuring itself to
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  Speaker 3: the American people. A renewed emphasis on fiscal restraint of
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  Speaker 3: our government DOGE was a large part of that. Again,
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  Speaker 3: made people feel more confident in their government. Trump is
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  Speaker 3: consistently pushed for cutting wasteful spending, targeted bloated bureaucracies, and
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  Speaker 3: challenged runaway federal programs. Even the signal of restraint matters.
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  Speaker 3: When investors and lenders believe government spending will be controlled,
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  Speaker 3: inflation expectations drop, which is exactly what we're seeing.
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  Speaker 1: Now.
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  Speaker 3: All of this has turned into one thing. Now it's
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  Speaker 3: showing in the real numbers. So what is the massive
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  Speaker 3: takeaway from this? This is a gigantic win for every
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  Speaker 3: American a specially lower and middle class American families. The
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  Speaker 3: drop in inflation to two point seven percent didn't happen
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  Speaker 3: by accident, and it didn't happen despite Donald Trump's policies.
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  Speaker 3: It happened because of Donald Trump's policies. Energy dominance, lowered costs,
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  Speaker 3: economy wide tariffs, restored balance without triggering price spikes, deregulation,
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  Speaker 3: reduced hidden inflation, confidence, return to the markets, fiscal discipline,
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  Speaker 3: signal stability. The so called experts yet again predicted disaster.
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  Speaker 3: The data delivered a reality check to them. So this
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  Speaker 3: inflation report isn't just good news. It's proof that Trump's
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  Speaker 3: economic playbook works even under intense political and global pressure.
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  Speaker 3: Thank goodness, we have a present that's willing to stay
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  Speaker 3: the course and not chase an approval rating number. And
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  Speaker 3: now what we're witnessing is the real effects of what
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  Speaker 3: Trump's economy is at the end the end of his
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  Speaker 3: first year. And now you know what to expect moving
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  Speaker 3: into twenty twenty six.
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  Speaker 2: Thank you for listening to the forty seven Morning Update
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  Speaker 2: with Ben Ferguson. Please make sure you hit subscribe wherever
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