Peter Schiff – X, Released on 5/28/26

A weak U.S. economy is taking its toll on Americans. Q1 GDP grew a mere 1.6%, while the savings rate plunged to just 2.6%, as higher prices, higher interest rates, and stagnant incomes forced consumers to dip into their meager savings to make ends meet. The Trump boom is a bust.

— Peter Schiff (@PeterSchiff) May 28, 2026