Donald Trump's Economy

Inflation is up, food is up, and gas prices are a break, at least for awhile.
The rate of inflation is in decline wages are up higher than inflation.
Elaboration:
  • Energy:
    Gasoline prices have recently decreased, with some reports indicating they are down 17.4% compared to the previous year. This is partly due to a decrease in oil prices, which has helped to cool inflation.

  • Food:
    While the overall food price index is still higher than pre-pandemic levels, some individual food items are showing price decreases. For instance, staples like rice, pasta, potatoes, lettuce, and tomatoes have registered lower prices compared to the previous year. Produce like tomatoes, lettuce, and potatoes have seen sharp price declines, with tomatoes falling around 8% in the past year.

  • Factors contributing to price decreases:
    Lower diesel fuel costs have reduced transportation expenses, contributing to lower prices for some produce. Additionally, seasonal factors and improved supply conditions have also played a role.

 
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Think about it Tariffs bring in 1 trillion
tax revenues increase as GDP increases.
Spending cuts free up money.
Which money will be paid out to assuage tariff hurts, just like last time a clown was elected FOTUS.
More jobs means more taxes. It looks good
What a hoot.

As though tax revenues don't increase in the short term as taxes are applied against the American consumption of imports. Chump is boasting about it.
 
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Prove it. Inflation is coming down food and energy prices are down wages are up. Wheres the beef baby.
The beef is in your truth free bullshit. Note Chump's present rate of food inflation.

1754547356986.webp

 
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The rate of inflation is in decline wages are up higher than inflation.
Elaboration:
  • Energy:
    Gasoline prices have recently decreased, with some reports indicating they are down 17.4% compared to the previous year. This is partly due to a decrease in oil prices, which has helped to cool inflation.

  • Food:
    While the overall food price index is still higher than pre-pandemic levels, some individual food items are showing price decreases. For instance, staples like rice, pasta, potatoes, lettuce, and tomatoes have registered lower prices compared to the previous year. Produce like tomatoes, lettuce, and potatoes have seen sharp price declines, with tomatoes falling around 8% in the past year.

  • Factors contributing to price decreases:
    Lower diesel fuel costs have reduced transportation expenses, contributing to lower prices for some produce. Additionally, seasonal factors and improved supply conditions have also played a role.
I can see why you were too embarrassed to link that. Don't blame you at all.
 
The rate of inflation is in decline wages are up higher than inflation.
Elaboration:
  • Energy:
    Gasoline prices have recently decreased, with some reports indicating they are down 17.4% compared to the previous year. This is partly due to a decrease in oil prices, which has helped to cool inflation.

  • Food:
    While the overall food price index is still higher than pre-pandemic levels, some individual food items are showing price decreases. For instance, staples like rice, pasta, potatoes, lettuce, and tomatoes have registered lower prices compared to the previous year. Produce like tomatoes, lettuce, and potatoes have seen sharp price declines, with tomatoes falling around 8% in the past year.

  • Factors contributing to price decreases:
    Lower diesel fuel costs have reduced transportation expenses, contributing to lower prices for some produce. Additionally, seasonal factors and improved supply conditions have also played a role.

So, essentially because oil prices are coming down, other things are coming down too. Nothing to do with Trump, Biden or any other person claiming to be the lawful president.
 
So, essentially because oil prices are coming down, other things are coming down too. Nothing to do with Trump, Biden or any other person claiming to be the lawful president.
Biden suppressed oil production driving up the cost
Trump increased oil production driving the cost down
 
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The beef is in your truth free bullshit. Note Chump's present rate of food inflation.

View attachment 1145951
Thats an urban chart and democrats run the urban centers where everything costs more.
 
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Biden suppressed oil production driving up the cost
Trump increased oil production driving the cost down

Any evidence for this? Or just your usual Maga talk?


June 2022 oil prices reached $114.84 a barrel. Right now they're at $67 a barrel. When Trump got in, they were at $75 a barrel.

Yep, Maga talk. Maybe a little research before writing on here would make you look less Maga.
 
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Biden suppressed oil production driving up the cost
Trump increased oil production driving the cost down
domestic drilling permits were up under Biden, relative to that under previous Trump.
But most production is under OPEC control.
 
domestic drilling permits were up under Biden, relative to that under previous Trump.
But most production is under OPEC control.
Production was down permits dont mean an active drill the EPA delayed the approvals. The Dept of the Interior made land off limits, drilling in the Gulf was stopped, The Dept of Energy also delayed and stopped permits and the result was production below demand driving up the cost. The plan forcer us to by EV cars.
We can produce enough to make OPEC invalid. Biden screwed up and created the worst inflation in 40 years. Gas doubled. Total stupidity
 
Production was down permits dont mean an active drill the EPA delayed the approvals. The Dept of the Interior made land off limits, drilling in the Gulf was stopped, The Dept of Energy also delayed and stopped permits and the result was production below demand driving up the cost. The plan forcer us to by EV cars.
We can produce enough to make OPEC invalid. Biden screwed up and created the worst inflation in 40 years. Gas doubled. Total stupidity
ignorance of oil types...

 
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