SHOT/CHASER: As Inflation Jumps and Consumer Confidence Falls, Trump Focuses on “Purge” of the Kennedy Center
February 9, 2025
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SHOT: After spending his entire campaign lying to working families that he would focus on lowering prices, Donald Trump is now spending his time purging the Kennedy Center and appointing himself chair…
Axios: “Trump says he’ll remove Kennedy Center board members, name himself chair”
“Trump, who had a tense relationship with the Kennedy Center in his first term, now appears to be taking control of the art institution and removing adversaries from its board.”
CHASER: … while consumer sentiment falls and inflation projections soar thanks to his reckless agenda, “causing Americans across the political spectrum to feel considerably more pessimistic about the economy than they did before President Trump took office.”
Wall Street Journal: “The Trump bump in consumer confidence is already over.
“Tariff threats, stock market swings and rapidly reversing executive orders are causing Americans across the political spectrum to feel considerably more pessimistic about the economy than they did before President Trump took office.
“Consumer sentiment fell about 5% in the University of Michigan’s preliminary February survey of consumers to its lowest reading since July 2024. Expectations of inflation in the year ahead jumped from 3.3% in January to 4.3%, the second month in a row of large increases and highest reading since November 2023.”