this post was submitted on 12 Feb 2025
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politics

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Summary

Inflation in the U.S. rose 3% in January, with rent alone accounting for 30% of the increase.

Egg prices soared due to avian flu, worsening grocery costs.

Despite pledging to lower prices, Trump blamed inflation on Biden and foreign countries while avoiding specifics on his plan.

In a Fox News interview, he dodged questions about when prices would drop, instead citing trade deficits. The White House press secretary confirmed that the administration has no clear timeline for addressing the rising cost of living.

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[–] Naz 54 points 6 days ago (2 children)

Damn, Joe Biden is so powerful that he's still president and responsible for gas prices (/s) even though he's not president anymore

[–] [email protected] 15 points 5 days ago (1 children)

I still cannot get over how their version of Retweet is 'ReTruth'. Absolute shit for brains

[–] [email protected] 11 points 5 days ago

And the users of that site will tell you with a straight face that they are "free thinkers" and are immune to propaganda.

[–] [email protected] 5 points 5 days ago (1 children)

Please tell me this isn't a real screenshot

[–] [email protected] 8 points 5 days ago (1 children)

I wish I could but it's out there. He made that post.

[–] [email protected] 5 points 5 days ago

I don't know how this stuff continues to shock me, but that is fucking wild.

[–] [email protected] 16 points 6 days ago (1 children)

There was an article about how interest rates raise to 3%. Seeing the comment section was wild. It was all Biden's fault because Trump was only in office for three weeks. Don't mind that he's been spouting off tariff talks since last year.

However, anything good that happened, even prior to Trump taking office, was his doing.

[–] Corkyskog 6 points 5 days ago (2 children)

Also everything was immediately Biden's fault when he took office after Trump.

[–] [email protected] 6 points 5 days ago (1 children)

In 2024, stocks were high, jobs were strong, feds were cutting rates, inflation was under 3%.. Biden did it, the soft landing from COVID. Anyone who paid any attention knew the economy was in a good place and, four years in, only Biden's admin would have had any affect.

Part of me is weeping for this nation, but another part thinks the nation deserves it for being so fucking stupid.

[–] [email protected] 2 points 5 days ago

Yup. Biden managed the economy probably better than any other President in my lifetime. When Kamala was asked if she'd do anything different and said she wouldn't people threw a fit. Because no one understood that there was a very narrow path to take to get inflation down while avoiding millions of people losing their jobs.

But I guess now people will soon understand how the billionaires will get inflation down really fast. I wonder if the people that voted for Trump who will soon be unemployed will start to appreciate what Joe Biden did a little more. Probably not.

[–] [email protected] 3 points 5 days ago* (last edited 5 days ago)

Even when it started under Trump, notably as he sent out the first round of stimulus checks.

The ones he personally insisted be signed with his name, against the law.

[–] [email protected] 12 points 6 days ago

I wish there was a NGO that was handing out donvict and fElon "I did that!!!" stickers to put on EVERYTHING.

[–] [email protected] 4 points 5 days ago

He needs to be stopped. He will economically destroy this country.

[–] [email protected] 2 points 5 days ago
[–] [email protected] 156 points 1 week ago* (last edited 1 week ago) (17 children)

I hope Canada applies a massive export tax to oil & gas.. and redistributes the revenue to steel and aluminum workers here to ease the effect of the tariffs on same.

Make the US people feel higher gas prices and they'll turn against him. History has shown this is the best way to sink a president and his party's support.

[–] [email protected] 58 points 6 days ago* (last edited 6 days ago) (2 children)

If the past month has been any indication of the next 47 of them, Canada might want to start negotiating long-term trade deals with Europe and China while also significantly cutting back on trade with the United States.

  1. Trump has suggested he wants to use economic pressure against Canada.

  2. Trump has "joked" about Canada becoming the 51st state.

  3. Like with blackmailers, once you give into the first demand of someone using threats as a bargaining chip, they come back asking for even more.

Canada seems to have something we need (oil, natural resources). They're well within their rights to treat us as a hostile nation and show the assholes in power that they need to play nicely in global politics more than they think they do. With the way things are going, the average US citizen is probably fucked either way, so it's not like it's going to harm anybody but the oligarchs in the long run.

[–] [email protected] 8 points 6 days ago

Start? That's what we've been doing for months. Our Prime Minister is just now returning from a European trip largely devoted to forming new trade deals. We've also been working to break down trade barriers within our country (there were a lot of difficulties in trading between provinces before, which made it easier for everyone to just trade with the US instead) and preparing targeted tariffs of our own to hit Trump and his supporters where it hurts the most.

We're not taking this lying down and never have.

[–] [email protected] 8 points 6 days ago

Thank you for being open to the possibilities of that. I wish none of this were happening and feel for those in the US who are going to have to endure what is to come. I can only count myself fortunate I'm not actually there, and only adjacent.

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[–] [email protected] 97 points 1 week ago (8 children)
[–] [email protected] 4 points 5 days ago

No, see, it's because of bird flu. You know, the same thing that happened under Biden when eggs were half the price.

And how can you possibly blame Trump just because he promised to make egg prices lower over and over?!

[–] [email protected] 53 points 1 week ago

Please ignore that the president is ruining any government organization that could help get bird flu under control

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[–] [email protected] 49 points 1 week ago (4 children)

Country elects an idiot to fix their economy ... idiot makes economy worse ... country wonders why

[–] [email protected] 21 points 6 days ago (1 children)

But Brawndo's got what plants crave...

[–] [email protected] 3 points 5 days ago* (last edited 5 days ago) (1 children)

Hey, President Dwayne Elizondo Mountain Dew Camacho was a fantastic president. He recognized his own limitations and set the man who, by objective testing, was the smartest in the country, to fix the biggest problem facing his constituents.

We could use a President Camacho.

[–] [email protected] 4 points 5 days ago (1 children)

This is literally the back of my car lol

[–] [email protected] 1 points 5 days ago

Excellent. I'd vote for him (over the other two, at least).

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[–] [email protected] 40 points 1 week ago (3 children)

inflation is capitalist code switch for price gouge

[–] [email protected] 7 points 6 days ago (1 children)

If the government slaps a 25% increase on the price of your imports then you expect a 25% increase on the price (assuming you're selling imports directly - like PC parts).

It's not rocket surgery.

[–] [email protected] 11 points 6 days ago

then you expect a ~~25~~ 35% increase

ftfy

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[–] [email protected] 24 points 1 week ago (1 children)

I guarantee the CPI will stop being published very soon. Can’t have high inflation if you don’t measure it!

[–] [email protected] 1 points 5 days ago

Cant have high inflation if you fire all the people who compute the inflation numbers either.

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