Yes it is all his fault. It is going to get much worse too.
Relevant_Demand7593 on
It’s only the start.
Next month will be even higher.
neodiodorus on
He just needs to fire all the statisticians, anybody who can count, and all teachers who dare to teach arithmetic basics. Problem solved – like the penguins in Madagascar 2, smashing the red warning lightbulb about empty fuel tank.
Thund3rbolt on
I’m not wishing this to happen but the signs are there. Average inflation has been about 2.7% year over year but as of just July it hit 3.1% as a new core rate. That’s significant and it follows a new higher than expected jobless rate. This was predicted by economists given the uncertainty from the roller coaster tariff implementations. That was based on July data but now we’re in a new territory were the tariff rates are being applied and based on Smoot-Hawley Tariff Act from the 30’s you can expect inflation to climb higher in the coming months. Probably felt just around Christmas time. Predictably, stagflation is coming and possibly recession.
jdanielregan on
Again…it’s all Trump’s fault again.
OpenImagination9 on
Every. Damn. Time.
Numerous_Resource896 on
Enjoy all who voted for him or sat the election out.. the rest of us warned you
Ohuigin on
This is wrong. It’s not all Trump’s fault. This economic tailspin could be dealt with today if the GOP wasn’t full of spineless traitors to their oath. They pledge allegiance to a king, not a country.
Trump is the symptom. Not the disease. And if we keep letting the GOP hide behind whatever crack pot dictator, celebrity, or reality tv host they prop up, none of this will ever get better.
Tundrok337 on
If people think we aren’t headed straight into a hard recession and potential depression, they are braindead
voigtster on
I’m building a home after a 16 month delay due to permitting issues and switching builders. Now as I review my old product selections for appliances and interior finishes which had the prices logged from about 8 months ago, many of these things were and are on sales and clearance so it looks like nothing has changed, but I’d say things are about 20-30% more expensive, with a few outliers being less or more than that figure, but so far, not one item is cheaper than it was before.
It’s anecdotal and limited to home construction finishes and appliances, but it has been very eye opening to realize that things feel normal, but in reality, inflation is sneaky for those of us who have more flexible income and don’t feel the pain on staples like gas and food.
pontiacfirebird92 on
Hey guess what? He doesn’t care! His friends don’t care! Congress doesn’t care! The 1% don’t care! All of them are well insulated from the effects of inflation. Who isn’t? The people who voted him! And they don’t care either, they still say he’s „Good For America“!
EdwardoftheEast on
Trumpenomics
Titan3692 on
He’s gonna throw a fit when Powell finally cuts rates, announcing that he will be doing so because the job market sucks lol
messagepad2100 on
I don’t think it’s a big deal.
You’ll just get 2 dolls instead of 30.
/s
CuttlefishExpress on
When tariffs started many (conservative) people i knew did not understand how they worked. They all took what Trump said as the truth, that the county manufacturing the item paid the tariff.
Once tariffs were a thing for a few weeks, when I asked them about it these same people blamed the past policies of the democrats for the current raise in prices. Even one of my friends who was venting that he was losing hours at work because companies were not shipping as much as before failed to draw a connection to tariffs as the cause of the problem.
Now finally after a few months of this, when i talk to them, they now understand that us Americans are paying the increase and that this increase is a direct result of the tariffs that Trump put in place. They are seeing things clearly for the first time in a long time. This clarification of the truth has been a great stepping stone if you will for bring to attention other lies Trump has said, and to reinforce how you cant trust what he says.
blackmobius on
I was told by many republican influencers and spokesmen that paying high prices is patriotic and that I shouldnt expect to be able to afford a good christmas.
FuzzBuzzer on
You mean Trump the rapist/pedophile?
BlueyedIrush on
Aerate Donald Trump.
92eph on
Inflation will stop once he gets his toady into the BLS.
Tim-in-CA on
The numbers are “rigged” according to Trumf. The USSA is raking in all that sweet, sweet tariff cash.
shamwowj on
You mean Trumpflation, right?
That-Drawer-5158 on
Trump rapes kids, release the files.
fungiblecogs on
MAGA would rather be poor and live in a white theocratic fascist state than be well off in a liberal country they have to share with other ethnic and religious groups.
alvarezg on
But wait! He wants to make it worse by forcing down interest rates.
Superminiminion on
Usually the economy takes time to show the impact of a president’s policy. This time trump manages to defy the norms in the worst ways yet again. The inflation we’re facing is literally, directly, and immediately a result of his policies.
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25 Kommentare
Yes it is all his fault. It is going to get much worse too.
It’s only the start.
Next month will be even higher.
He just needs to fire all the statisticians, anybody who can count, and all teachers who dare to teach arithmetic basics. Problem solved – like the penguins in Madagascar 2, smashing the red warning lightbulb about empty fuel tank.
I’m not wishing this to happen but the signs are there. Average inflation has been about 2.7% year over year but as of just July it hit 3.1% as a new core rate. That’s significant and it follows a new higher than expected jobless rate. This was predicted by economists given the uncertainty from the roller coaster tariff implementations. That was based on July data but now we’re in a new territory were the tariff rates are being applied and based on Smoot-Hawley Tariff Act from the 30’s you can expect inflation to climb higher in the coming months. Probably felt just around Christmas time. Predictably, stagflation is coming and possibly recession.
Again…it’s all Trump’s fault again.
Every. Damn. Time.
Enjoy all who voted for him or sat the election out.. the rest of us warned you
This is wrong. It’s not all Trump’s fault. This economic tailspin could be dealt with today if the GOP wasn’t full of spineless traitors to their oath. They pledge allegiance to a king, not a country.
Trump is the symptom. Not the disease. And if we keep letting the GOP hide behind whatever crack pot dictator, celebrity, or reality tv host they prop up, none of this will ever get better.
If people think we aren’t headed straight into a hard recession and potential depression, they are braindead
I’m building a home after a 16 month delay due to permitting issues and switching builders. Now as I review my old product selections for appliances and interior finishes which had the prices logged from about 8 months ago, many of these things were and are on sales and clearance so it looks like nothing has changed, but I’d say things are about 20-30% more expensive, with a few outliers being less or more than that figure, but so far, not one item is cheaper than it was before.
It’s anecdotal and limited to home construction finishes and appliances, but it has been very eye opening to realize that things feel normal, but in reality, inflation is sneaky for those of us who have more flexible income and don’t feel the pain on staples like gas and food.
Hey guess what? He doesn’t care! His friends don’t care! Congress doesn’t care! The 1% don’t care! All of them are well insulated from the effects of inflation. Who isn’t? The people who voted him! And they don’t care either, they still say he’s „Good For America“!
Trumpenomics
He’s gonna throw a fit when Powell finally cuts rates, announcing that he will be doing so because the job market sucks lol
I don’t think it’s a big deal.
You’ll just get 2 dolls instead of 30.
/s
When tariffs started many (conservative) people i knew did not understand how they worked. They all took what Trump said as the truth, that the county manufacturing the item paid the tariff.
Once tariffs were a thing for a few weeks, when I asked them about it these same people blamed the past policies of the democrats for the current raise in prices. Even one of my friends who was venting that he was losing hours at work because companies were not shipping as much as before failed to draw a connection to tariffs as the cause of the problem.
Now finally after a few months of this, when i talk to them, they now understand that us Americans are paying the increase and that this increase is a direct result of the tariffs that Trump put in place. They are seeing things clearly for the first time in a long time. This clarification of the truth has been a great stepping stone if you will for bring to attention other lies Trump has said, and to reinforce how you cant trust what he says.
I was told by many republican influencers and spokesmen that paying high prices is patriotic and that I shouldnt expect to be able to afford a good christmas.
You mean Trump the rapist/pedophile?
Aerate Donald Trump.
Inflation will stop once he gets his toady into the BLS.
The numbers are “rigged” according to Trumf. The USSA is raking in all that sweet, sweet tariff cash.
You mean Trumpflation, right?
Trump rapes kids, release the files.
MAGA would rather be poor and live in a white theocratic fascist state than be well off in a liberal country they have to share with other ethnic and religious groups.
But wait! He wants to make it worse by forcing down interest rates.
Usually the economy takes time to show the impact of a president’s policy. This time trump manages to defy the norms in the worst ways yet again. The inflation we’re facing is literally, directly, and immediately a result of his policies.