Politics & Government
Romano-Winning-Inflation Slowed 4.2025 to Lowest Level Since Feb 2021
Robert Romano Foreshadowed this Last Month - Inflation is Falling Despite Negative Tariff Talk by Media and 'Experts' like István Dobozi.
In 2024 and 2025, this writer for MHProNews and this Patch did multiple reports on concerns about the impact of tariffs raised by István Dobozi and plans announced by then-candidate and then-President-elect Trump. Not to pat one's own back, but the analysis then proved to be correct. Similarly, as this "Reality Check" series for this Patch reported last month, Robert Romano correctly said and foreshadowed that tariffs were not necessarily going to drive up costs. Part I below shows that Romano was correct last month.
https://patch.com/florida/lake...
With that brief tee-up, here is the latest from Robert Romano. Other items follow in Part II.
Find out what's happening in Lakelandfor free with the latest updates from Patch.
Part I From the Daily Torch to this writer for this Patch
Winning: Inflation Slowed To 2.3 Percent In April, Lowest Since February 2021 Despite Tariffs
Find out what's happening in Lakelandfor free with the latest updates from Patch.
The annual consumer inflation rate for April slowed down to 2.3 percent, the lowest since February 2021, according to the latest data compiled by the Bureau of Labor Statistics, despite the imposition of reciprocal tariffs by President Donald Trump on April 2 that all of Washington, D.C.’s experts arrogantly projected would increase prices.
Food at home down 0.1 percent.
Food away from home down 0.4 percent.
Gasoline down 0.1 percent.
Fuel oil down 1.3 percent.
Apparel down 0.2 percent.
New vehicles unchanged.
Used cars and trucks down 0.5 percent.
So much for that.
In the meantime, the tariffs were successfully utilized by the President to spearhead trade negotiations with countries all over the world, already resulting in reciprocal trade agreements with the United Kingdom and China, in the latter case, lowering reciprocal tariffs, which again, all of the experts stated was impossible.
In his May 7 press conference, Federal Reserve Chairman Jerome Powell who has been holding interest rates high while the rest of the world is cutting could not decide if tariffs would cause inflation to be a one-time spike, or a prolonged affair: “The effects on inflation could be short-lived, reflecting a one-time shift in the price level. It is also possible that the inflationary effects could instead be more persistent. Avoiding that outcome will depend on the size of the tariffs … on how long it takes for them to pass through fully into prices and ultimately on keeping longer term inflation expectations well anchored.”
How about price increases would not accelerate at all? It did not even cross Powell’s mind. The only possibilities were up a lot, once, or up a lot for a long time.
But as President Trump is apt to note, Powell is always late to the party. So, the central bank’s tendency to fight the last war is actually rather predictable.
And yet, this was exactly what Trump had done in his first term, using threatened tariffs in 2019 against Mexico to achieve Remain in Mexico, secure that country’s military cooperation in policing the U.S. southern border and eventually the U.S.-Mexico-Canada trade agreement.
And Trump used actual tariffs against China in 2018 to bring China to the table for what became the January 2020 trade agreement.
All while having record low inflation.
In other words, President Trump has a very clear history of using tariffs to begin trade negotiations, resulting real trade deals that you can point to, without runaway inflation (or any at all for that matter) but none of the so-called experts could foresee that exactly the same thing would happen here.
The only item up significantly was natural gas at 3.7 percent, but not because of tariffs, rather, natural gas prices were already spiking in March as a result of weather, supply constraints and demand.
Democrats who foolishly hitched themselves to the wagon that inflation would go accelerate from tariffs are now careening down the mountainside of false predictions — along with prices.
The fact is, inflation has been slowing for almost three years now and usually finds its bottom following an economic recession or slowdown.
Now that tariffs are reciprocally being lowered, what will their next prediction be? Who cares? The chicken little doomsaying by the President’s tariff opponents have at least created one bit of certainty for markets — that those opponents are likely to be wrong.
Robert Romano is the Executive Director of Americans for Limited Government Foundation.
Part II
1) Romano has been proven correct.
2) More details are found in the report linked below.
https://www.manufacturedhomepr...
3) Other topics follow. God bless, inspire, and guide us - one and all. Thanks for checking in to this "Reality Check" series for this Patch.
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Manufactured Housing Institute oddly fails to report the news of this potentially useful option for millions who seek affordable home option
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How Advocates Like Fran Quigley-Robert Reich Shape Housing Narratives
Expert & Copilot Intro: how Corporations-Associations-Nonprofits-Advocates Omit Key Affordable Housing-Manufactured Home Facts+HUD's Turner
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"The single-family home building market is facing competing concerns" said NAHB Chief Economist Robert Dietz.
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Bill Wilson - "A Mistake From The Past That Can Be Avoided"
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Dems Fretting Over Billionaires Are on Billionaire Dole for Years
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More on those and other topics in this eclectic "Reality Check" series here on this Patch.
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U.S. Manufactured Home Industry Production 2024 Total Up per MHARR
(Note MHARR is short for the Manufactured Housing Association for Regulatory Reform.)
> ‘Endemic Mismanagement of HUD Manufactured Housing Program’ Nom Turner
'Restoring and Expanding Affordable Housing Role of Manufactured Homes'–MHARR Letter Cites 2000 Reform Act, "Enhanced Preemption" Much More...https://patch.com/florida/lake...
> Big Govt, Big Pharma, Big Food made Americans Overweight and Unhealthy
> Virginia Bishop for ‘Well-Regulated Borders’ Amid VP J.D. Vance Rumble
> Romano-Trump Bans DEI In Federal Govt—States And Corporations Are Next
> How Republicans Should Follow Through on Tough Talk on Immigration
> NPR=87 Registered Democrats in Editorial Positions and No Republicans
> President Donald J. Trump’s Official 'America First Priorities'
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> Rubio Senate Replacement Ashley Moody (FL-R) Gets Key Assignments
> Trump Plan: Make America Safe, Affordable, Restore U.S. Values for All
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> Official Manufactured Housing Production from 1995-2023-Why it Matters
> Anna Paulina Luna (FL-R) and Barry Loudermilk (GA-R) MERIT Act Insight
> Executive Orders on Investigating Biden Censorship & Weaponization
> Floridian Dr István Dobozi Strikes at Trump Again in Magyar Article (Another critical analysis - fact check).
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> Why do Liars Lie? Why do those Engaged in Paltering and Spin Palter?
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> ‘Mobile Home Values Rising Faster Than Single-Family’ House-Wow Fact$
> Realtor-What Is a Manufactured Home? The Next Step Beyond Mobile Homes
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> Report: Biden-Harris Federal Agencies Spent Millions Torturing Cats
> Lesli Gooch Ph.D.-Award, Coverup, Headfake, Scandal? Rest of the Story (Manufactured Housing Institute linked)
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> USA Today - David Plouffe and Dem Advisers on Kamala Harris Revelation
> Majority OK Trump Transition-Mass Deportations-Tariffs- Is it Hopeful?
> Niskanen Center Praises Manufactured Home ‘Cost Savings’ and ‘Quality’
> Alice Carter-The Northern Forum-Deporting Immigrants & Housing Crisis
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> The Creepy Line-Peter Schweizer-Dr. Jordan Peterson-Dr. Robert Epstein
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---> Renting? Rent too High? Odds Are DOJ Suit vs RealPage Matters to You
> New-Certified “Half Price Homes” - Affordable Housing Solution Redux
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> Solution: “Would-Be Homebuyers Need 80% More Income Than 4 Years Ago”
L. A. “Tony” Kovach is a publisher who has earned multiple awards in history. He and his family live in a manufactured home on private property in Winter Haven, FL. He is the co-founder of Manufactured Home Living News.com (MHLivingNews.com) and Manufactured Home Pro News.com (MHProNews.com), trade publications serving segments of the manufactured home industry. Having worked in several segments of the manufactured home industry for over 3 decades, Kovach is a widely acknowledged and often praised expert on manufactured housing. ###
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