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Fed Governor Stephen Miran: "If you close that border and you have negative net migration -- and there's been reports thus far that 1.5 million migrants have left the US just in the first half of the year -- that's gonna have a very disinflationary effect. And so I'm expecting… pic.twitter.com/zygOBchSuR

— Aaron Rupar (@atrupar) September 19, 2025

I didn’t realize “disinflation” meant crops were not being harvested, cows were not being milked, factories were not being built, chicken plants were not processing chickens, labor was not being performed.

And that’s a good thing?

Trump's new Fed Governor Stephen Miran: "Growth in the first half of the year was weaker than we hoped it would be. And as recent revisions indicated, it was even weaker than we thought. But I think that was caused in part by headwinds to economy from uncertainty around trade… pic.twitter.com/9DlcZbxAQ8

— Aaron Rupar (@atrupar) September 19, 2025

"Policy” is the word cut off there. He said “uncertainty around trade policy.” Gee? Where’s that coming from?