How Trump will defeat inflation.

[Luckyone]

Monthly inflation rate U.S. 2024 | Statista

In November 2024, prices had increased by 2.7 percent compared to November 2023 according to the 12-month percentage change in the consumer price index — the monthly inflation rate for goods and services in the United States.

www.statista.com

Inflation began to rise again in Oct 2024. Bidenomics is to blame. It will take time to fix 4 years of Democrat insanity.

All the damage that was done by Biden?

It is interesting to note by the graph I just put up, that inflation got down to a very low level by mid 2023 and though it had its up and downs over the next 14 months, the most it got up to is where it is now under Trump. It is also interesting to note that inflation is going up since Trump won in November and at the rate (almost double from Trump's inauguration), it suggests that next month it will be at the highest it has been in 18 months.

When you say "repair" the damage, how can a new 18-month high be repairing the damage. Under Biden, it was repaired sufficiently that it held up for 18 months and actually was at its lowest level in October, just before Trump won the election. What could have occurred since then?

 

[otto105]

This is why the American People fired the Democrats. They want the Trump economy back and they will get it.
The Democrats must be terrified of an improving Trump economy after Biden's reign of error.

Just look at the fairy tales and magic pixie dust...

 

[Luckyone]

View attachment 1079127

Yeah it did, but after a drop from 9.1% to 3%, all generated by Biden. How can you criticize it going up 3% after a drop of 6%? Did Trump have anything to do with that drop? or was it all Biden's doing?

Oh and by the way, you do know that the pandemic caused all nations to go up in inflation don't you? and you do know that Biden brought inflation down more than any G7 nation?

 

[John Edgar Slow Horses]

No it does not.

Yes, false assertion ... is false.

 

[DonGlock26]

Yeah it did

No further questions.

 

[DonGlock26]

• February# 2025: 5.0%

Why aren't you posting a link to your source? Is it BS or from MSNBC?

 

[justoffal]

I don't understand why Americans (well Democrats) think if Trump hikes Tariffs on China, we will pay more, if Taxes increase, we will pay more, yet for energy they ignore the fact that alleged fossil fuels are what almost everything uses to improve our lives. When Trump can lower fuel prices, the businesses save money. They won't need us kicking their asses, the smart firms know if they cut prices they get more market.

The liberal economists know that too but that does not bode well for their intention to bring about a system of universal egalitarianism where everybody is exactly the same height, weight, color, IQ and gender.

 

[Luckyone]

Why aren't you posting a link to your source? Is it BS or from MSNBC?

I already did. Quit trying to find excuses for your inability to read or for your general ignorance in stuff that is available to all month to month.

I have no desire to be your teacher. You are incapable of learning.

 

[DonGlock26]

I already did. Quit trying to find excuses for your inability to read or for your general ignorance in stuff that is available to all month to month.

I have no desire to be your teacher. You are incapable of learning.

The home page isn't a link to the figure, you rube.

 

[Robert W]

The liberal economists know that too but that does not bode well for their intention to bring about a system of universal egalitarianism where everybody is exactly the same height, weight, color, IQ and gender.

They seem to want all humans to be transgender.

 

[task0778]

I do not understand how energy prices are going to come down that much. Maybe I missed somebody's post on that, but I'm not seeing it. How is Trump going to do that?

Increasing tariffs is inflationary, maybe not a lot but still inflationary. Cutting taxes is inflationary, more money to spend, right? There's only so much a president can do with EOs, and I'm not sure that Congress or the Supreme Court will allow him to do as he pleases, or that what he wants to do will defeat inflation anyway.

 

[Robert W]

I do not understand how energy prices are going to come down that much. Maybe I missed somebody's post on that, but I'm not seeing it. How is Trump going to do that?

Increasing tariffs is inflationary, maybe not a lot but still inflationary. Cutting taxes is inflationary, more money to spend, right? There's only so much a president can do with EOs, and I'm not sure that Congress or the Supreme Court will allow him to do as he pleases, or that what he wants to do will defeat inflation anyway.

Instead of you taking the side of the Government, try taking the side of we consumers.

 

[whitehall]

Has the democrat party been in a freaking coma for the last `100 years? Windmills and solar panels ain't the solution. Cheap energy and production of American made products is the only solution to the stagnation of the "green new deal".

 

[Luckyone]

The home page isn't a link to the figure, you rube.

Whatever you say

 

[Robert W]

So your an anarchist, very well, good luck with Trump.

Tell that to those he attacks all the time which is anyone who dares to disagree or challenge him.

Trump helps nobody, that's the reality, you've been hoodwinked by his seduction based on your own fears.

Trumpanzees fear drag queens, and books, foreigners, immigrants, China, vaccines, science, socialists, empowered women, if none of these things kept you awake at night you'd never have voted for Trump.

Those are men taking the incomes from female actors.

I have said hundreds of times over the past 30+ years on various forums I happen to be in favor of our constitution. Some changes to it I don't like at all. Income taxes being one that is major.

What makes you assume I have fears? We got rid of Biden. He needs to be fearful of being prosecuted.

I voted for Trump to erase Biden. I voted that way thinking Trump would act fast to fix the government. And he is doing that.

 

[task0778]

Instead of you taking the side of the Government, try taking the side of we consumers.

You really misread what I've been saying. I do not support protectionist measures such as tariffs. It ultimately is the consumers who end up paying for those tariffs and I don't like that. I do not want tax cuts at this time, it ain't much different from the helicopter money that Trump and Biden both did. I do not like bigger gov't and more gov't spending, it's very inefficient and leads to more RWA and corruption. I am good with the DOGE thing but I also think it needs to be done wisely and with some restraint so as not to lead to lower economic growth. We shouldn't be in too much of a hurry IMHO, it needs to be done correctly.

 

[Robert W]

Has the democrat party been in a freaking coma for the last `100 years? Windmills and solar panels ain't the solution. Cheap energy and production of American made products is the only solution to the stagnation of the "green new deal".

The green new deal is a myth anyway.

 

[Robert W]

You really misread what I've been saying. I do not support protectionist measures such as tariffs. It ultimately is the consumers who end up paying for those tariffs and I don't like that. I do not want tax cuts at this time, it ain't much different from the helicopter money that Trump and Biden both did. I do not like bigger gov't and more gov't spending, it's very inefficient and leads to more RWA and corruption. I am good with the DOGE thing but I also think it needs to be done wisely and with some restraint so as not to lead to lower economic growth. We shouldn't be in too much of a hurry IMHO, it needs to be done correctly.

Think of Tariffs as the Chinese and Biden did. They are perfectly willing to tack more and more on. Trump uncovered we are tariffed by many countries and he will tariff them.

I am not aware of a thing I will pay more taxes for. I plan my life better.

 

[task0778]

I am not aware of a thing I will pay more taxes for. I plan my life better.

Well good for you. If Trump's tariffs on steel and aluminum go into effect for any lengthy period of time then you and a lot of other people will be paying more for anything that has those elements in it. And of course there will be the blowback where the countries retaliate against us, right? And here I thought you cared about consumers.

 

[DonGlock26]

Whatever you say

It's a fact. You are concealing your source or making figures up.