If this were true, then the Fed should be raising interest rates to combat inflation and prevent the economy from overheating (AD>AS). Any genuine economist would know this...

Instead the administration is pushing for lower rates. I leave figuring out the discrepancy as an exercise for the reader.

Aaron Rupar(atrupar.com): Lutnick: “Jay Powell is too afraid to lead the greatest $30t economy in the world. We should be leading with our front foot. Instead we are always leaning back as if something bad is happening. We are doing great. Nothing bad is happening. Greatness is happening. We`re growing 4% GDP! Come on.“