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Comment by assimpleaspossi

1 day ago

Inflation under Trump is half that of when Biden was in. https://finance.yahoo.com/economy/policy/article/inflation-u...

12 comments

assimpleaspossi

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Steppphennn  21 hours ago

It wasn’t solely Biden that created that spike. Trump passed the CARES act that minted close to 3 trillion in his final year of his first term. Biden passed a trillion dollar bill too. I don’t blame them since it was to combat covid. I’m not jumping for joy because it’s half, I’m mad because it’s ticking back up.

  • JumpCrisscross  21 hours ago

    Biden absolutely signed a series of inflationary bills into law and then didn’t do anything to mitigate it. (The initial Covid relief kept us out o a depression.)

    Biden’s inflation peaked worse than anything Trump has done. But telling voters you’re only slapping them after the other guy punched them is about as effective as you’d think. (There is zero sense of urgency from the White House around this either.)

JumpCrisscross  1 day ago

> Inflation under Trump is half that of when Biden was in

And how did that work out for Biden?

Voters don’t like inflation. Blowing up energy prices by launching a war of choice while shutting down domestic production because windmills isn’t smart policy.

  • cowlevel  1 day ago

    Yep. For a lot of voters, it is literally as simple as high gas prices => vote for the other guy.

cowlevel  1 day ago

Actual or stated? The article lists a lot of things whose prices went up more under Trump 2 than Biden - regardless of what CPI data from the Trump government says.

  • assimpleaspossi  1 day ago

    Uh, wouldn't that be the same? Let's say factually and statistically. In any case, I posted that to balance what the other guy said which was misleading at best

    • JumpCrisscross  21 hours ago

      > what the other guy said which was misleading at best

      Current inflation is a fuckup [1]. Pretending it doesn’t exist is a fuckup. They aren’t unprecedented fuckups. But they are consistently punished.

      Inflation is exceptionally high right now for a developed country. It’s feeding into cost-of-living issues that are animating voters.

      [1] https://www.bls.gov/cpi/ 7.2 annualized in September

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