Improving the economy was a major 2024 campaign promise made by Donald Trump and the Republican Party. And since some people – maybe you – don’t trust the media and are skeptical of what it reports, I have a suggestion: be resolved in 2025 to be proactive, ignore the mainstream media and do some old-fashioned data gathering on your own when it comes to determining how the economy is doing.
Turn off the TV and do some leg- and finger-work on your own. You’ll never be a sucker for “alternative facts” if you’ve taken the time to determine what the “real facts” are for yourself.
Some suggestions to get you started. Under the heading of “Direct Effect” economic factors, record the prices of the following as we enter the new year: loaf of bread, gallon of milk, dozen eggs, pound of bacon, gallon of gasoline, 15-year mortgage rate, 30-year mortgage rate, average home price, average rental price and minimum wage.
