Trump senior economic counselor Peter Navarro continues his gaslighting on the state of our economy. Navarro made an appearance on this weekend’s Sunday Morning Futures with Maria Bartiromo, and once again tried to put a happy face on the damage Trump’s tariffs have done to the consumers.
BARTIROMO: Can you assess the macroeconomic story for us and how it’s impacting citizens today?
NAVARRO: Absolutely. It’s the perfect Trump economy in 2026. It’s what we call a Goldilocks economy. The last time we saw what we’re seeing now was 1998.
And what are we seeing? We’re seeing stock market over $50,000. That’s Wall Street. But we’re also seeing rising real wages. That’s Main Street. We’re seeing a return in manufacturing. We’re seeing strong, strong growth. And it’s all happening in a disinflation environment where we’re at or Fed target. We’re near Fed target.
And it’s really extraordinary what’s happening, Maria. You and I, your day job during the week is looking at these macro indicators. We’ve had the jobs report come in with blowout numbers.
