{"id":2457702,"date":"2025-07-09T21:07:59","date_gmt":"2025-07-10T01:07:59","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/axios-forced-to-admit-that-everythings-coming-up-trump-in-sobering-analysis\/"},"modified":"2025-07-09T21:09:12","modified_gmt":"2025-07-10T01:09:12","slug":"axios-forced-to-admit-that-everythings-coming-up-trump-in-sobering-analysis","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/axios-forced-to-admit-that-everythings-coming-up-trump-in-sobering-analysis\/","title":{"rendered":"Axios Forced to Admit that &#8216;Everything&#8217;s Coming Up Trump&#8217; in Sobering Analysis"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Faxios-forced-to-admit-that-everythings-coming-up-trump-in-sobering-analysis%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2457702&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>the article from Axios, acknowledged by a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/shocking-according-to-algorithm-every-major-cnn-figure-may-have-a-blindspot-on-the-right-and-focus-on-left-leaning-sources\/\" title=\"SHOCKING: According To Algorithm, Every Major CNN Figure \u2018May Have A Blindspot On The Right,\u2019 And Focus On Left-Leaning Sources\">left-leaning source<\/a>, reports positively on the state of the U.S. economy under President Donald Trump, despite earlier concerns about his tariff policies. Economist Neil irwin highlights that economic indicators such as unemployment (at 4.1%), stock market levels, and inflation have remained stable or improved over the past months, countering predictions of recession and economic downturn. Recent legislative developments,like the passage of the &#8220;big Stunning Bill,&#8221; have also supported the economy. moreover, inflation expectations have decreased back to pre-tariff announcement levels, and tariffs have not yet considerably impacted inflation, partly as trading partners are absorbing the costs. While noting the economy&#8217;s complexity and potential future adjustments due to trade policy changes, the overall message is that Trump&#8217;s economic approach has, so far, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/update-indian-rescuers-save-41-construction-workers-trapped-in-tunnel-for-17-days\/\" title=\"UPDATE: 41 construction workers trapped in tunnel for 17 days rescued by Indian team\">yielded favorable results<\/a>.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<section> \t\t\t\t<script>console.log(\"ad slot (AC1)\")<\/script><script>console.log(\"ad slot (IC1)\")<\/script><script>console.log(\"ad slot (IC2)\")<\/script><script>console.log(\"ad slot (IC3)\")<\/script><script>console.log(\"ad slot (IC4)\")<\/script><\/p>\n<p>The left-leaning Axios admitted Wednesday that it is so far, so good for President Donald Trump&rsquo;s economy, despite the dire predictions regarding his tariff policy.<\/p>\n<p>In an article titled &ldquo;Why everything&rsquo;s coming up Trump on the economy,&rdquo; Axios chief economic correspondent Neil Irwin <a href=\"https:\/\/www.axios.com\/2025\/07\/09\/trump-tariffs-big-beautiful-bill\" target=\"_blank\" rel=\"noopener\">wrote<\/a>, &ldquo;Economic, market, and policy developments have been a wind at the president&rsquo;s back in the last two months. The threatened downsides of an erratic policy process have not materialized, and economic naysayers &mdash; for the moment, at least &mdash; look silly.&rdquo;<\/p>\n<p>&ldquo;Why is President Trump escalating a trade war that had seemed dormant, threatening high tariffs on major trading partners, imported copper, and pharmaceuticals? A better question is &lsquo;why not&rsquo;?&rdquo; he asked.<\/p>\n<p>&ldquo;Three months ago, stock and bond markets were in freefall, <a href=\"https:\/\/amzn.to\/3YuVZYV\" >forecasters issued recession predictions<\/a>, retailers warned of empty store shelves, and the outlook for Republicans&rsquo; signature tax legislation was decidedly choppy. None of that is true today,&rdquo; Irwin noted.<\/p>\n<p>He also pointed out that the unemployment rate at <a href=\"https:\/\/www.westernjournal.com\/trump-effect-new-jobs-report-blows-past-economists-expectations\/\" target=\"_blank\" rel=\"noopener\">4.1 percent<\/a> is lower than it was in April, the stock market sits near record highs, and inflation remains essentially the same.<\/p>\n<p> <script type=\"text\/javascript\"> \t\t\tif ( getCookie( \"ff_subbed\" ) ) { \t\t\t\tdocument.getElementById(\"stnvideo\").remove() \t\t\t} else { \t\t\t\tdocument.addEventListener(\"DOMContentLoaded\", function() { \t\t\t\t\tfunction loadScript(src) { \t\t\t\t\t\tconst script=document.createElement(\"script\"); \t\t\t\t\t\tscript.src=src; \t\t\t\t\t\tscript.async=true; \t\t\t\t\t\tdocument.body.appendChild(script); \t\t\t\t\t} \t\t\t\t\tfunction findPreviousParagraph(selector, x) { \t\t\t\t\t\tconst targetElement=document.querySelector(selector); \t\t\t\t\t\tif (!targetElement) { \t\t\t\t\t\t\tconsole.warn(\"Target element not found.\"); \t\t\t\t\t\t\treturn null; \t\t\t\t\t\t}  \t\t\t\t\t\t\/\/ Get all <\/p>\n<p> elements in order as they appear in the document \t\t\t\t\t\tlet paragraphs=Array.from(document.querySelectorAll(\"p\"));  \t\t\t\t\t\t\/\/ Find the index of the last <\/p>\n<p> before the target element \t\t\t\t\t\tlet targetIndex=paragraphs.findIndex(p=> p.compareDocumentPosition(targetElement) & Node.DOCUMENT_POSITION_PRECEDING);  \t\t\t\t\t\tif (targetIndex===-1 || targetIndex <x) { \t\t\t\t\t\t\tconsole.warn(\"Not enough paragraphs before the target element.\"); \t\t\t\t\t\t\treturn null; \t\t\t\t\t\t}  \t\t\t\t\t\treturn paragraphs[targetIndex - x]; \t\t\t\t\t}  \t\t\t\t\t\/\/ Set up IntersectionObserver \t\t\t\t\tfunction observeElement(element) { \t\t\t\t\t\tif (!element) return;  \t\t\t\t\t\tconst observer=new IntersectionObserver( \t\t\t\t\t\t\t(entries)=> { \t\t\t\t\t\t\t\tentries.forEach(entry=> { \t\t\t\t\t\t\t\t\tif (entry.isIntersecting) { \t\t\t\t\t\t\t\t\t\tconsole.log(\"Paragraph is now visible:\", entry.target.textContent.trim()); \t\t\t\t\t\t\t\t\t\tloadScript(\"https:\/\/embed.sendtonews.com\/player3\/embedcode.js?fk=s28Az7AY\"); \t\t\t\t\t\t\t\t\t\tobserver.disconnect(); \t\t\t\t\t\t\t\t\t} \t\t\t\t\t\t\t\t}); \t\t\t\t\t\t\t}, \t\t\t\t\t\t\t{ threshold: 0.5 } \/\/ Adjust threshold as needed \t\t\t\t\t\t);  \t\t\t\t\t\tobserver.observe(element); \t\t\t\t\t}  \t\t\t\t\t\/\/ Find the 1st paragraph before #stnvideo and observe it \t\t\t\t\tlet paragraphToObserve=findPreviousParagraph(\"#stnvideo\", 2); \t\t\t\t\tobserveElement(paragraphToObserve); \t\t\t\t}); \t\t\t} \t\t<\/script> <\/p>\n<p>Further, Congress passed the &ldquo;<a href=\"https:\/\/www.westernjournal.com\/breaking-house-casts-final-vote-big-beautiful-bill\/\" target=\"_blank\" rel=\"noopener\">Big Beautiful Bill<\/a>&rdquo; last week, and Trump signed it into law on the Fourth of July.<\/p>\n<p>Irwin hedged his report a bit, writing, &ldquo;The U.S. economy is a big, complex beast. It will take time for companies to adapt their pricing and supply chains to the kinds of massive shifts in trade policy seen so far in 2025 &mdash; and promised in the weeks ahead.&rdquo;<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Inflation during Trump&rsquo;s 2nd term is an annualized 1.4%, which is less than the &rsquo;09-&rsquo;20 average of 1.8% and less than half the 3.1% annualized rate during Biden&rsquo;s last 30 months &ndash; to say nothing of the 8.6% rate during Biden&rsquo;s first 18 months&hellip; <a href=\"https:\/\/t.co\/bAZNJ2K55c\">pic.twitter.com\/bAZNJ2K55c<\/a><\/p>\n<p>&mdash; E.J. Antoni, Ph.D. (@RealEJAntoni) <a href=\"https:\/\/twitter.com\/RealEJAntoni\/status\/1932809590552293826?\">June 11, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2025\/07\/08\/inflation-expectations-drift-back-down-to-pre-tariff-levels-new-york-fed-survey-shows.html\" target=\"_blank\" rel=\"noopener\">CNBC<\/a> reported on Tuesday that the Federal Reserve&rsquo;s inflation expectations have also come back down from the forecasts made following Trump&rsquo;s tariff announcement in April.<\/p>\n<p>&ldquo;The central bank&rsquo;s monthly Survey of Consumer Expectations shows that respondents in June saw inflation at 3% 12 months from now. That&rsquo;s the same level it was in January &mdash; before Trump took office and began saber-rattling over trade,&rdquo; CNBC said.<\/p>\n<p>&ldquo;The level marked a 0.2 percentage point decline from May and a retreat from the 3.6% peak hit in March and April,&rdquo; the outlet added.<\/p>\n<p>&ldquo;Thus far, tariffs have yet to show up in most inflation readings,&rdquo; CNBC further acknowledged.<\/p>\n<p>White House Senior Counsel for Trade and Manufacturing <a href=\"https:\/\/www.westernjournal.com\/watch-white-house-responds-public-war-words-elon-musk-trumps-top-trade-adviser\/\" target=\"_blank\" rel=\"noopener\">Peter Navarro<\/a> explained to Fox Business on Wednesday why Trump&rsquo;s tariffs have not shown up in the inflation numbers.<\/p>\n<p>&ldquo;I think the key thing here, and why [Federal Reserve Chairman] Jay Powell is so wrong about not lowering [interest] rates, is to recognize the enormous ability of the world to absorb the tariffs,&rdquo; he said.<\/p>\n<p><iframe loading=\"lazy\" title=\"YouTube video player\" src=\"https:\/\/www.youtube.com\/embed\/yvnA4SLXlhQ?si=ySNj89cDWucwKMbK\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>&ldquo;It&rsquo;s like Navarro&rsquo;s law: the bigger the screw job we&rsquo;re getting from any given country, the more that country is able to absorb the tariffs. The more they cheat us, the more they can absorb the tariffs,&rdquo; the White House official asserted.<\/p>\n<p>He concluded, &ldquo;And that&rsquo;s what we&rsquo;re seeing. We&rsquo;re seeing the tariffs from countries around the world, and we&rsquo;re not seeing any inflation, because basically, they&rsquo;re eating the tariffs.&rdquo;<\/p>\n<div style=\"position: relative;\">\n<div class=\"ff-fancy-header-container\"> \t\t\t \t<\/div>\n<div class=\"entry-submit-correction inner-content\">\n<div class=\"correction-form\">\n<form style=\"display: none;\">\n<div class=\"sc-name-field\"> \t\t\t\t\t\t<label>* Name<\/label> \t\t\t\t\t\t<br \/> \t\t\t\t\t\t<input type=\"text\" name=\"name\" required> \t\t\t\t\t<\/div>\n<div class=\"sc--field\"> \t\t\t\t\t\t<label>* <\/label> \t\t\t\t\t\t<br \/> \t\t\t\t\t\t<input type=\"text\" name=\"\" required> \t\t\t\t\t<\/div>\n<p> \t\t\t\t\t<label>* Message<\/label> \t\t\t\t\t<br \/> \t\t\t\t\t<textarea name=\"message\" required><\/textarea> \t\t\t\t\t \t\t\t\t\t<\/p>\n<div class=\"required-message\" style=\"display: none; padding-bottom: 15px;\">* All fields are required.<\/div>\n<p> \t\t\t\t\t<input type=\"submit\" value=\"Submit\" onclick=\"event.preventDefault(); firefly_sc();\"> \t\t\t\t\t \t\t\t\t\t<\/p>\n<div class=\"firefly-sc-confirm\" style=\"display: none;\">Success!<\/div>\n<\/p><\/form>\n<\/p><\/div>\n<\/p><\/div>\n<p> \t\t<script> \t\t\tfunction firefly_sc() { \t\t\t\tif( typeof window.captchaPublicKey==typeof undefined ){ \t\t\t\t\tconsole.error('window.captchaPublicKey is not defined'); \t\t\t\t} \t\t\t\tgrecaptcha.execute( window.captchaPublicKey, { action: 'submit_correction' } ).then( function( token ) { \t\t\t\t\tvar opts={ \t\t\t\t\t\taction:    'firefly_sc_submit', \t\t\t\t\t\tname:      document.querySelector( '.entry-submit-correction [name=\"name\"]' ).value, \t\t\t\t\t\t:     document.querySelector( '.entry-submit-correction [name=\"\"]' ).value, \t\t\t\t\t\tmessage:   document.querySelector( '.entry-submit-correction [name=\"message\"]' ).value, \t\t\t\t\t\tpost_id:   firefly_post_id, \t\t\t\t\t\tcap_token: token \t\t\t\t\t}  \t\t\t\t\tvar inputs=[ 'name', '', 'message' ];  \t\t\t\t\tfor( var i=0; i <inputs.length; i++ ) if( ! ( opts[inputs[i]]=document.querySelector( '.entry-submit-correction [name=\"' + inputs[i] + '\"]' ).value ) ) { \t\t\t\t\t\tdocument.querySelector( '.entry-submit-correction .required-message' ).style.display='block'; \t\t\t\t\t\treturn; \t\t\t\t\t}  \t\t\t\t\tdocument.querySelector( '.entry-submit-correction input[type=\"submit\"]' ).style.display='none'; \t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-submitting-img' ).src=firefly_loading_gif_url; \t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-submitting-img' ).style.display='inline-block';  \t\t\t\t\tconsole.log( 'ma subbing' );  \t\t\t\t\tif( firefly_post_id ) opts['post_id']=firefly_post_id;  \t\t\t\t\t\/* Send the data using post with element id name and name2*\/ \t\t\t\t\tvar posting=jQuery.post( firefly_ajax_url, opts );  \t\t\t\t\t\/* Alerts the results *\/ \t\t\t\t\tposting.done( function( response ) { \t\t\t\t\t\tif( response.success ) { \t\t\t\t\t\t\tconsole.log( response.data ); \t\t\t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-submitting-img' ).style.display='none'; \t\t\t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-confirm' ).style.display='block';  \t\t\t\t\t\t\tdataLayer.push( { 'event': 'submit-correction' } ); \t\t\t\t\t\t} \t\t\t\t\t}); \t\t\t\t}); \t\t\t} \t\t<\/script> \t     \t\t\t\t\t\t     \t\t\t\t\t<\/div>\n<p style=\"border: 1px solid #f5f5f5; padding: 16px;\">Advertise with The Western Journal and reach millions of highly engaged readers, while supporting our work. <a href=\"https:\/\/www.westernjournal.com\/advertise-us\/?wj_source=article\">Advertise Today<\/a>.<\/p>\n<p><script>console.log(\"ad slot (BA1)\")<\/script> \t\t<\/p>\n<div class=\"ff-fancy-header-container\"> \t\t\t \t<\/div>\n<\/section>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The left-leaning Axios acknowledged on Wednesday that, contrary to gloomy forecasts about his tariff strategy, President Donald Trump&#8217;s economy is performing well so far. In an article titled &#8220;Why everything&#8217;s coming up Trump on the economy,&#8221; Axios chief economic correspondent Neil Irwin noted that recent economic, market, and policy trends have favored the president over the past two months. The anticipated negative effects of unpredictable policies have not occurred, making critics appear premature-at least for now. Irwin questioned why Trump is intensifying a trade war that seemed inactive by imposing high tariffs on key trading partners and imports like copper and pharmaceuticals-and suggested perhaps there is no better reason not to do so. Three months ago, markets were plummeting, recession warnings were widespread, retailers feared shortages, and tax legislation prospects were uncertain; none of these concerns hold true today. Unemployment has dropped to 4.1%, stock markets are near record highs, and inflation remains stable.<\/p>\n<p>Additionally, Congress recently passed a significant bill dubbed the &#8220;Big Beautiful Bill,&#8221; which Trump signed into law on July 4th. Irwin cautioned that because the U.S. economy is complex, it will take time for businesses to adjust pricing and supply chains in response to major trade policy changes seen in early 2025 and expected soon.<\/p>\n<p>Inflation during Trump&#8217;s second term averages an annualized rate of 1.4%, lower than the 1.8% average from 2009-2020 and less than half of Biden&#8217;s last 30 months&#8217; rate of 3.1%, not to mention Biden&#8217;s initial 18-month rate of 8.6%. CNBC reported Tuesday that Federal Reserve inflation expectations have also declined since Trump&#8217;s tariff announcement in April; consumers surveyed in June anticipate inflation at about 3% over the next year-the same as before Trump took office-down from a peak near 3.6% earlier this year.<\/p>\n<p>So far, tariffs have had little impact on most inflation measures according to CNBC reports. White House Senior Counsel Peter Navarro told Fox Business that global markets are absorbing these tariffs without passing costs onto U.S consumers-a phenomenon he described as countries effectively &#8220;eating&#8221; the tariffs rather than inflating prices domestically-which explains why inflation has remained subdued despite increased trade tensions under Trump&#8217;s administration<\/p>\n","protected":false},"author":1,"featured_media":2457703,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2025\/07\/Trump-Golf-Hat.jpg","fifu_image_alt":"","footnotes":""},"categories":[33651],"tags":[7428,9791,4133,5894,3634],"class_list":["post-2457702","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","tag-analysis","tag-axios","tag-news","tag-politics","tag-trump"],"fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2025\/07\/Trump-Golf-Hat.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2457702","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2457702"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2457702\/revisions"}],"predecessor-version":[{"id":2457706,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2457702\/revisions\/2457706"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2457703"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2457702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2457702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2457702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}