SHOT: Donald Trump delusionally claims the economy is “BOOMING” after promising to restore manufacturing and bring back jobs… 

Trump: “Because of Tariffs, our Economy is BOOMING!” 

Trump: “When you hear 50,000 manufacturing jobs lost in just a short period of time. But I’ve been the most consistent because we’re going to bring our manufacturing back to the United States. It’s all coming back, so get ready. Get ready. You’re going to have your choice of great jobs.”

Trump: “We will bring back our manufacturing jobs, our energy jobs, our coal jobs, our steel jobs, and we’re going to bring back our dreams starting in January.” 

Trump: “I will turn the United States into a manufacturing superpower more than it has ever been.”

CHASER: … but Americans are losing their jobs, cutting back on spending, and facing higher prices because of Trump’s unaffordable agenda.  

Fox News: “Job growth continued to slow in May amid economic uncertainty” 

“The U.S. economy added jobs in May at a slower pace than in the past two months as uncertainty over the direction of trade, tax and monetary policy caused employers to pull back on hiring. … 

“Job gains in the past two months were both revised, with job creation in March revised down by 65,000 from a gain of 185,000 to 120,000; and April job gains downwardly revised by 30,000 from a gain of 177,000 to 147,000. Taken together, employment in March and April was 95,000 lower than previously reported.” 

Joe Weisenthal, Bloomberg: “Manufacturing jobs shrink by 8K”  

Challenger, Gray & Christmas: “May 2025 Job Cuts Up 47% Over Same Month Last Year; Cuts Spread to Other Sectors Than Gov’t for Other Reasons Than DOGE” 

“Through May, employers have announced 696,309 job cuts, an increase of 80% from the 385,859 announced in the first five months of last year. It is 65,049 cuts away from matching the entire year’s total for 2024.”

Associated Press: “The number of Americans filing for jobless benefits last week rises to highest level in eight months” 

New York Times: “Procter & Gamble to Cut 7,000 Jobs Amid Tariff Uncertainty” 

CNBC: “Private sector hiring rose by just 37,000 in May, the lowest in more than two years, ADP says”

NBC News: “Some Americans are shifting their summer plans to avoid tariff price hikes” 

Bloomberg: “Carmakers Use Stealth Price Hikes to Cope With Trump’s Tariffs” 

“The average sale price for a new car jumped 2.5% in April, the steepest monthly increase in five years, according to the Kelley Blue Book car buying guide.” 

NBC News: “Canned soup summer: Bargain hunters are ditching snacks for pantry staples” 

New York Times: “Uncertainty about the economy has skyrocketed as President Trump has begun to radically reshape the global trading system with tariffs, cut off a crucial supply of workers with an immigration crackdown and floated big changes to the rules and regulations that govern how businesses operate. Consumers, who fuel the American economy, have become more hesitant to spend, and according to recent surveys, both the services and manufacturing sectors are slowing.” 

Bloomberg: “US business optimism has moved sharply lower …

“Less than a third, or 27%, of executives polled in May by the Association of International Certified Professional Accountants said they were confident about the economic outlook for the 12 months ahead, down from 47% of respondents in the first quarter and 67% in a survey conducted in the fourth quarter, just after the US vote.”  

Bloomberg: “Businesses Hiked Prices Quickly After Tariffs, NY Fed Study Says” 

New York Times: “Nearly a quarter of consumers using buy now, pay later loans finance groceries, up from 14 percent a year ago, according to a recent LendingTree survey. And it’s not just groceries; more Americans are using these loans to pay for recurring monthly bills, such as electricity, heat, internet and streaming services like Hulu. … 

“While some borrowers say the loans are a useful way to manage cash flow, others say the increased use of buy now, pay later plans for day-to-day essentials is a troubling sign that more consumers are financially stressed.” 

Navigator: “A majority of Americans (56 percent), including 61 percent of independents, disapprove of President Trump’s handling of the economy. Majorities describe the economy as ‘volatile’ (67 percent) and ‘uncertain’ (67 percent) rather than ‘stable’ (28 percent).” 

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