Posted on 05/30/2025 4:52:00 PM PDT by ChicagoConservative27
Americans’ personal income in the first four months of 2025 is “almost triple the expectations,” making for a “great” start of the year, CNBC’s Rick Santelli exclaimed on the air, urging viewers to “give credit” to the Trump administration.
The longtime CNBC editor revealed the “powerful” numbers on Friday morning, sharing that personal income increased 0.8 percent in April.
“This is a great four-month start to any year,” he said.
“When you look at income, for the first four months of the year, they’re powerful numbers — up 0.6 in January, up 0.7 in February, up 0.5 last month, up 0.8 this month. This is a great four-month start to any year.”
Santelli also lauded the fact that 0.8 percent is the “strongest” income month-over-month jump since May 2021, when it was 1.9 percent.
He went on to lament how the Trump administration is “criticized for just about anything under the sun,” despite the president’s “transparency” and positive accomplishments.
(Excerpt) Read more at breitbart.com ...
IIRC, it was an outburst by Rick Santelli very early in the Obama administration that got the Tea Party momentum started.
Most def. Love Santelli. Wonder how much longer they’ll keep him around after an outburst like that?
On February 19, 2009, Rick Santelli drew attention for his comments on the Homeowners Affordability and Stability Plan, which was announced the day before, on February 18. Broadcasting from the floor of the Chicago Mercantile Exchange, Santelli accused the government of "promoting bad behavior", and raised the possibility of a "Chicago Tea Party". He suggested that individuals who knowingly obtained high-risk mortgages and faced impending foreclosure as a consequence were "losers".[9] The Tea Party remark was credited by some as "igniting" the Tea Party movement as a national phenomenon.[10][11]
Commence flaming.
It's time for a new T Party.
We shouldn't expect Trump to do all the heavy lifting.
Yeah it was Rick Santelli that got that momentum going. Surprised I haven’t really heard his name since then. That was back when Maria Bartiromo was still at CNBC
Of course that was meant as a parody of their opposition to everything Trump, but I wouldn't put it past them at this point.
Good news is good news - but those of us on fixed incomes only profit from tax cuts....COL “raises” generally leave us about even - except as time goes on, our dollars are worth less.
But, Good news is, indeed good news even if it isn’t what some would hope for.
Wage inflation lags the other inflationary elements.
Wage inflation then leads and results in the increase of other inflationary elements.
Inflation in the form of $$$ devaluation effectively reduces the national debt.
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