David Doney

New home of @David_Charts. Armchair economist, sci-fi fan, impressed by good data viz. Node in the vast left wing conspiracy. Facts have a liberal bias.

[David Doney @David_Charts2]

Summarizing CBO, Fed and other analyses of Trump's truly awful economic policies, so you have it all in one place for sharing.

🔴Bottom 80% are expected to be worse off from the combination of Trump's tax bill (OBBBA) and tariffs. 1/
https://t.co/5s1ja1EV7Q

[David Doney @David_Charts2]

BLS: “From July 2025 to July 2026, real average hourly earnings decreased 0.1 percent, seasonally adjusted. The change in real average hourly earnings combined with an increase of 0.3 percent in the average workweek resulted in a 0.2-percent increase in real average weekly earnings over this period.”
https://t.co/DkpgiGt9NN

[David Doney @David_Charts2]

Since Trump started, the price level has risen 4.3%, contrary to his campaign promises to lower costs. Gasoline is the primary example, up 28%. The good news: 1) Wages have outgrown inflation, so purchasing power is up; and 2) Stocks are up 25%.
https://t.co/0Iac8ueFFb

[Steve Rattner @SteveRattner]

Gas prices are down from their May peak, but still up 25% from one year ago.

They will remain elevated as long as oil supply is blocked in the Strait of Hormuz.

[Justin Wolfers @JustinWolfers]

Inflation numbers just dropped. Headline inflation is 3.4%—still too high. The Iran-fueled boost to energy prices is a big part of the storfy, and core inflation is closer to okay, at 2.5%.

These numbers aren't surprising, so we're still in a hold-your-breath, hope-inflation-will-fall moment.

[MeidasTouch @MeidasTouch]

SHOCK REPORT: Desperate sailors aboard the USS Abraham Lincoln have tried to jump overboard amid an extended Middle East deployment, as families sound the alarm over severe mental health struggles, exhaustion, food shortages, water contamination, and deteriorating conditions aboard the carrier, per Military Times. https://t.co/UT6oRBqnLw

[David Doney @David_Charts2]

@jimiuorio No, it was a climate bill.

[David Doney @David_Charts2]

@Brendan_Duke Affordability policy is basically the ACA concept: Tax the rich to pay for stuff for the bottom 40%. Removing the cap is a fantastic example with wider impact: Tax the top 6% to make Social Security solvent for 30 years.

[David Doney @David_Charts2]

@Geiger_Capital Government is “us” not “they”. Government is people.

[talmon joseph smith @talmonsmith]

"During a 2022 strike in Colorado, Kroger robbed workers of bargaining power by entering a no-hire pact with rival Albertsons. We argue this collusion can be challenged using the federal antitrust laws." --->>>

[David Doney @David_Charts2]

@talmonsmith https://t.co/xJgDZemFdE

[Steve Rattner @SteveRattner]

After the pandemic, real wages grew strongly across the board — and pay rose faster at the bottom and middle than at the top, by the widest margin on record.

Under Trump, real wage growth has cratered, and the lowest-paid have fallen furthest behind.

[David Doney @David_Charts2]

@talmonsmith Wages of poor US workers grew quickly under Biden even with the immigration surge.

[talmon joseph smith @talmonsmith]

"labor-intensive services provided by industries that employ lots of foreign-born workers continued to register outsize price increases...gardening & lawncare service prices rose 12.3%, home healthcare rose 9.7%"<<if this benefits poor US workers? can we ask if it's a bad thing?

[David Doney @David_Charts2]

@talmonsmith @nytimes Inflation helps debtors, particularly when the wage gain exceeds inflation. Millions of households are paying a 30-year fixed mortgage payment set pre-pandemic with 30% more nominal income from wage gains since then.

[David Doney @David_Charts2]

@talmonsmith @nytimes https://t.co/xJgDZemFdE

[Steve Rattner @SteveRattner]

After the pandemic, real wages grew strongly across the board — and pay rose faster at the bottom and middle than at the top, by the widest margin on record.

Under Trump, real wage growth has cratered, and the lowest-paid have fallen furthest behind.

[David Doney @David_Charts2]

@DennyAdams1944 @SteveRattner Only liars use Biden’s start date.

[David Doney @David_Charts2]

@StephenMoore Rattner shows how to compare them.

https://t.co/BKxNrpzGi3

[Steve Rattner @SteveRattner]

After the pandemic, real wages grew strongly across the board — and pay rose faster at the bottom and middle than at the top, by the widest margin on record.

Under Trump, real wage growth has cratered, and the lowest-paid have fallen furthest behind.

[Steve Rattner @SteveRattner]

After the pandemic, real wages grew strongly across the board — and pay rose faster at the bottom and middle than at the top, by the widest margin on record.

Under Trump, real wage growth has cratered, and the lowest-paid have fallen furthest behind.

[David Doney @David_Charts2]

The inflation breakdown for July 2026 — in one chart - CNBC https://t.co/NjNVJk52fz

[David Doney @David_Charts2]

@StephenMoore Anyone using Biden’s start date for this analysis is lying. The pandemic spike happened because millions of low-wage workers disproportionately lost jobs, driving up the average.

Biden had more purchasing power than Trump pre-pandemic; that’s the key. Trump’s war broke trend.