The surprising part is that it hasn't resulted in more inflation. We just got new figures; inflation was 2.4% last month. For all of 2025, inflation was 2.7%.
Those aren't great numbers, of course, but they're not a crisis. It's actually slightly less than the 2.9% for 2024. (Admittedly, a number that was treated as a crisis at the time.)
TFA says a total of $285 billion was collected -- almost $1,000 per person. That's not a number that just gets lost in the wash. So why isn't it showing up in other numbers?
The surprising part is that it hasn't resulted in more inflation. We just got new figures; inflation was 2.4% last month. For all of 2025, inflation was 2.7%.
Those aren't great numbers, of course, but they're not a crisis. It's actually slightly less than the 2.9% for 2024. (Admittedly, a number that was treated as a crisis at the time.)
TFA says a total of $285 billion was collected -- almost $1,000 per person. That's not a number that just gets lost in the wash. So why isn't it showing up in other numbers?
Possibly because the numbers are being cooked by a political appointee.