Jim Bianco
Jim Bianco|Nov 26, 2025 16:15
RealClearPolitics aggregates polling data into rolling averages. This chart shows "issues" polling averages. That is, they ask, "Do you approve of the President's handling of <fill-in the blank>". Trump is strongest on crime (blue) and weakest on inflation (green). Note that the two issues that are worse than his overall approval rating (black) are the economy and inflation. And only the economy and inflation are the lowest of his presidency. Finally, the issue that is sinking the fastest is inflation. --- I've been critical of the administration for yelling at the public that inflation is a non-problem. If the public thinks it is a problem, then it is a problem, full stop! So, the proper policy is to acknowledge it and address it, not berate them for being wrong. This advice applies MORE to the Federal Reserve. If the public is concerned about affordability (inflation), the answer is not a bunch of economists torturing their STAT program to show inflation is a non-problem (as they say, "inflation is returning to its long-run trend of 2%) as an excuse to cut rates. I'll ask again: how does stimulating the economy and pumping up the stock market, to get "rich people," the top 10% of income that own 95% of the stock market, excited to run out and empty the shelves of Christmas presents, help fix affordability?(Jim Bianco)
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