economy should be booming by borrowing more money and giving it mainly to the wealthiest and that will only mean higher interest rates to stop it from booming. When interest rates do keep rising, Trump will be sending out angry Tweets about it.

The Greedy Old Plutocrats tax cut created a lot of deficit spending and that does goose the economy into a little more growth.

However, that growth never makes up for the lost revenue in taxes and you have more money chasing the same amount of goods and services.

That’s the formula for inflation.

BTW, “full employment” doesn’t mean everyone who wants a job has one, it’s a term economists use to describe unemployment rates as low as possible for the economy to function efficiently.

My mom got a 23$ a month raise and a 22$ a month tacked on to her medicare premium

One might expect better editing/fact checking from CBS.

This says, "But things are changing now. A rising price of oil has more than doubled gas prices from the early 2016 low, up 130 percent to $2.64 a gallon."

That would mean gas in early 2016 was running about $1.15 a gallon. I don't remember it that way.

Neither does the chart here (no info on the bona fides of this site, but the numbers comport with other sources from the same time), which shows a 2016 low price for gas of $1.837 per gallon, in February. The change from $1.84 to $2.64 is 43 percent.

I have no clue how this writer came up with either "more than doubled," which, obviously, would be $3.68 or more or "up 130 percent."

Quibbling, maybe. But one has to question articles about an imminent inflationary crisis written by someone who seems to have basic math challenges.

While that's around a $1 hike, its much less than 130 percent.

Causing inflation, then add to that more debt from stupid trump wars, trade wars, and health care ripped away from millions of people it'll be getting really bad if they let this continue as is.