Democrats sure do have a knack for being wrong while also failing to admit when they’re wrong. It’s kind of their thing. And if you’ve been paying attention over the past year, you know that Democrats have been predicting that the tariff strategy would ignite economic chaos. They predicted soaring prices, collapsing markets, and a full-blown recession. But just like their apocalyptic climate predictions, their premonitions about economic dire straits have failed to come to fruition.
The latest inflation data for December landed on Tuesday morning, and the numbers tell a different story. Inflation held steady at 2.7% year over year, unchanged from November and exactly where it sat a year ago. The consumer price index rose 0.3% from November and 2.7% compared to December of the previous year, according to the Bureau of Labor Statistics. Core inflation, which strips out the more volatile categories like food and energy, increased just 0.2% month over month and 2.6% annually. That came in just under economists' expectations of 0.3% monthly and 2.7% annually.
Food costs climbed 0.7% in December and were 3.1% higher than a year earlier. Prices for meats, poultry, and fish were 6.9% higher than a year ago, though egg prices declined 8.2% over the same period. The fruits and vegetables index edged up 0.5% from November but was flat compared with its level a year earlier. On the energy front, prices increased 0.3% in December and were 2.3% higher year over year. Gasoline prices fell 0.4% in December and were down 3.4% compared with the same month a year ago. Electricity prices dipped 0.1% in December but were still 6.7% higher than a year earlier.
It’s a welcome change from the disastrous Biden years.
Judy Shelton, former Federal Reserve Board Nominee, appeared on Fox Business Tuesday morning with a blunt assessment. "I think this shows how wrong Chairman Powell was back last May, when he said at the Economic Club that tariff-induced inflation was going to be the Fed's big worry," she said. "And it turns out we don't have that, and the tariffs, meanwhile, have improved our fiscal situation. They have made us be more oriented to improving our domestic capabilities, manufacturing, and they've improved our trade balance."
🚨 JUST IN: BRUTAL loss for the experts and Jerome Powell after inflation comes in at just 2.7% PERCENT - the tariffs did NOT cause massive inflation
— Eric Daugherty (@EricLDaugh) January 13, 2026
"This shows how WRONG Fed Chair Jerome Powell was!"
Trump and Scott Bessent were right again! 🇺🇸🇺🇸pic.twitter.com/UfiHJyqvhc
The left bet everything on economic catastrophe. It wanted voters to believe Trump would tank the economy with his aggressive tariff policies. But the numbers show the opposite. Inflation remains controlled. Growth continues. The trade deficit is shrinking. Manufacturing is coming home. Even wages are up.
So when will Democrats admit that they were wrong? When will they acknowledge that their doomsday predictions were nothing more than partisan fear-mongering designed to undermine a president they despise?
The answer is: never.
These are the same Democrats who look at the same footage of Renee Good driving her car into an ICE agent and accuse the agent of murder for responding with deadly force, so they're not going to admit that they were wrong on Trump’s tariffs. Evidence just doesn’t matter to them. They would rather move the goalposts than admit they are wrong. But the record is clear. They screamed about economic disaster. The disaster never came. Trump's tariff strategy produced results, not ruin. And no amount of spin can change that reality.
