The typical suspects in the leftist media ether have been spitting out Armageddon-level economic scareporn about President Donald Trump’s trade war like clockwork. But Axios is now admitting that may have all been just pathetic attempts to get people to jump at shadows that aren’t attached to anything.
“Hard data suggests tariff-driven inflation and recession fears may be overblown,” read the eye-opening May 15 headline by Axios economics reporter Courtney Brown. “With major indicators from April — the month of peak tariff uncertainty — now in, none show the kinds of recessionary or inflationary conditions implied by business and consumer surveys,” Brown reported.
Go figure.
Brown based her analysis on recent data on retail prices being “steady” and a “surprise drop” in whole price inflation in April. “So far, so good,”…
