Middle East Tanker Traffic April 23-29, 2026
It's a long way down from 8.1% in 1Q1984 to 2.0% in 1Q2026.
GDPC1 compound annual growth rates:
Trump era to now 1Q2017-1Q2026: 2.476%
Mid-Reagan era to Trump 1Q1984-1Q2017: 2.707%
Post-war to Reagan 1Q1947-1Q1984: 3.585%
Trump underperforms the post-war by 31% . . . and Reagan by 9%. MAGA is purely aspirational.
Reagan to Trump underperformed the post-war by 24%.
The compound annual growth rate of real GDP from Reagan to now is 2.657%, underperforming the post-war by 26%.
This is why the kids don't have full-time jobs, kids of their own, and homes to raise them in.
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The Fed met YESTERDAY and left the federal funds rate unchanged even though this is their primary indicator of inflation and it is more than double the average rate post-Great Recession.
There were just three votes with the temerity to suggest that inflation might be a problem right now.
But SPX is up! one half of one percent at this hour, threatening to make another all time high. That's all that matters!
None of them give a shit about YOU!
Elitist climber, progressive snob.
April 2025:
April 2026:
To think I filled up yesterday at Sam's for $4.09.
Diesel is $5.99.
Gasoline stations around Grand Rapids were selling gasoline for $4.29/gallon yesterday.
Gas Buddy says the average price in my county this morning is $4.791 and climbing.
