How Trump’s Economy Continues To Defy The ‘Experts’ And Shock The ‘Panicans’

In the first six months of President Donald Trump’s second term, one major theme has defined Trump’s economic record thus far: success that surprises the people who are paid to predict it.

It hasn’t been surprising for the president, who is carrying out his promise to revamp American manufacturing and boost American jobs, mainly by imposing unprecedented tariffs on nearly every country in the world. And it comes as economists who predicted large-scale inflation and market downturn over Trump’s bold economic agenda keep seeing economic metrics come across their desks showing the opposite.

Earlier this year, Americans were told to brace their wallets for rising inflation and prepare for a recession caused by Trump’s major tariffs, especially those levied on America’s biggest trading partners, China, Canada, and Mexico. In May, Goldman Sachs analysts said core goods inflation could hit 6.3% by the end of the year while consumer prices would spike 3.7% by early 2026, according to CNN.

The latest numbers on the U.S. economy fly in the face of the naysayers, branded by Trump as “panicans.” Late last week, the U.S. Census Bureau reported that June retail sales were up 0.6% from May and up 3.5% from last year. Food service and drinks sales jumped 6.6% from June 2024. Those numbers were, of course, better than what economists had predicted — a phrase that has become a monthly tradition since Trump stepped back into the White House

According to University of Michigan surveys, American consumers expected prices to rise 6.6% this year. But so far, there’s been no sign of inflation jumping through the roof, and even CNN had to admit last month, “Love tariffs or hate them, there’s no denying inflation is lower now than when Trump took office.”

The numbers don’t lie: inflation under Trump has defied economists’ predictions in nearly every month the president has been in office. In April, year-over-year inflation came in at 2.3%, its lowest annual rate in more than four years. The Consumer Price Index rose to just 2.4% in May compared to last year, which again was lower than what the “experts” predicted. Meanwhile, the Producer Price Index, which measures the average change over time in selling prices received by domestic producers, had its biggest drop in five years in April, falling 0.5%.

As inflation numbers continue to look good for the Trump administration, U.S. job growth also beat expectations in May and June while unemployment ticks down.

“During his first six months in office, President Trump has repeatedly embarrassed the panicans who predicted doom and gloom, from inflation to recession. Under President Trump, Americans have seen an end to Joe Biden’s inflation crisis, multiple expectation-beating jobs reports, record tariff revenue collection, bond and stock market rallies, and historic investment commitments worth trillions that will cement America’s dominance in cutting-edge sectors,” White House Spokesman Kush Desai told The Daily Wire.

Still, many economists continue to warn of a coming inflation crisis due to Trump’s aggressive tariff policy. It’s only a matter of time before tariffs cause the inevitable chaos in America’s economy, they say. That fear, however, isn’t reflected in the stock market, which recently soared to record highs, or in the minds of consumers and business owners who remain optimistic about the economy.

Even with the latest CPI report showing a slight increase in inflation, prices remain steady or even down over Trump’s second term. And with Trump’s tariffs going into effect, the United States is raking in billions of dollars in revenue. The country has brought in over $100 billion in tariff revenue since Trump took office in January, with tariff collections for the 2025 fiscal year jumping 65% from the previous year, Axios reported in late June.

Numerous foreign and American companies have also pledged to invest billions of dollars in the United States over the next few years, either to avoid Trump’s tariffs or to invest in the American energy and manufacturing boom that is quickly taking shape. Just last week, Trump met with executives from Google’s parent company Alphabet, along with officials from Meta, Microsoft, Exxon Mobil, and other companies, who pledged $90 billion worth of AI and energy investments in Pennsylvania.

For the “experts,” the rapid pace of the administration’s economic agenda has been shocking. For Trump, this was all a part of his plan.

“The best is yet to come – as the pro-growth policies of The One Big Beautiful Bill and new trade deals kick in, America’s economic resurgence under President Trump will only accelerate,” Desai added.