Well, howdy there, Internet people it spell again.

So today, we're going to talk about the Trump administration, posting its economic illiteracy on Maine.

I have never seen an official government social media account post something so widely mistaken for parity.

Not because the information was wrong, it's right, but because they thought it was a good thing

when it's actually really bad. The official Treasury Department's social media account,

and I can't stress this enough, I checked. It's the official Treasury

Department account. Posted quote, U.S. Treasuries are having their best year since 2020,

and the investors who had confidence and faith in President Trump's economic policies have been richly rewarded. Never bet

against POTUS or America. They even posted a bar graph showing it's true and labeled the bars

with the high bond market returns with Trump. Look, it's true. We haven't had returns like

this since, well, the last time Trump was in office, specifically 2020. I'm sure we all remember

how well the economy was doing in 2020. The reason bonds do well in bad economic times is because

investors are concerned about inflation, interest rates, rising debt, like that created by his

one big beautiful bill, and so on. And because of that, they put their money in safer assets. When most people put their

money into bonds, they are quite literally betting against Trump, or at least requiring better

odds. When they have the market they've had since Trump took over, the bet is that it's

riskier to take on U.S. debt,

because Trump might actually crash everything. And because of that additional risk,

they can demand more to take the debt. To say this clearly, the bond market hitting the numbers

it has been is bad, actually, and the numbers are generally

seen as a sign of economic downturn worries.

But then this whole thing got more bizarre.

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