Has inflation hurt your lifestyle? Under Trump, inflation would soar!

[Luckyone]

The great man understands economics and markets like no other. He will reign in inflation.

Not is he does what he has promised to do. There is one fact of life that you cannot ever prove false and that is "cause and effect". You (as a good cult member) think that Trump is God and that everything he touches, will turn to Gold. It is pure fantasy on your part.

Trump cannot win because the cause and effect scenario, if he does what he has promised to do is done, inflation will soar and if he doesn't do what he has promised, he will be a liar to his own supporters.

 

[Man With A Plan]

Sure, it was $33 per month, and now it's $37 per month.
I found this number irrelevant, so I excluded it.
Might not be the case for you, but it's relatively the same for me.

Oh yeah, there is home and auto.
Home is built into my escrow payment, and they haven't raised my payment since.
Auto, yup, that probably went up too.

How about my wages.
They went up.....does that count?

Bottom line is this......DENY it all you want.

1). The amount of money in my checking and savings has increased, regardless of this terrible WW inflation.

2). The amount in my retirement accounts have increased greatly.

3). The COLA in my retirement checked increased.

4). MY Part time 24 hour a week job mores more now than 4 years ago.

Put all of that together, Yes, inflation is real and things cost more.
But, I'm still saving more than 4 years ago.

Your insurance "probably" went up? The average cost of auto insurance was up over 20% for the first three years of the Biden administration. It was up 28% last year!

 

[Winco]

Your insurance "probably" went up? The average cost of auto insurance was up over 20% for the first three years of the Biden administration. It was up 28% last year!

So you are nitpicking but you won't acknowledge the fact that wages are outpacing inflation.

Why is that?
Denial?
Agenda?

 

[Man With A Plan]

So you are nitpicking but you won't acknowledge the fact that wages are outpacing inflation.

Why is that?
Denial?
Agenda?

Study: Wages Are Still Losing In The Post-Pandemic Inflation Race | Bankrate

Since Jan. 1, 2021, prices have risen 20.0 percent, compared with a 17.4 percent increase in wages, Bankrate’s Wage To Inflation Index found.

www.bankrate.com

wages are outpacing inflation?

 

[Winco]

Study: Wages Are Still Losing In The Post-Pandemic Inflation Race | Bankrate

Since Jan. 1, 2021, prices have risen 20.0 percent, compared with a 17.4 percent increase in wages, Bankrate’s Wage To Inflation Index found.

www.bankrate.com

wages are outpacing inflation?

Does NOT apply to all.

Inflation is at the SAME rate for everyone.
Wages are NOT at the same amounts.
A 10% raise for me is MORE than a 10% raise for you.

 

[Nostra]

At least that is only a possibility. With Trump, it is a certainty.

Why didn't we have WWIII in his first term, moron?

 

[Nostra]

How much have salaries increased since 2020?

Since February 2020, the Consumer Price Index has climbed a cumulative 20.8%, according to Bureau of Labor Statistics data. Over that same period, average hourly earnings rose 22.3%.

That is an overall gain and not a loss.

CPI leaves out food and fuel, Stupid.

 

[Nostra]

This is going to be my last post about inflation to anyone. I am tired of the ignorance that shown by Trumpers regarding inflation. Inflation was caused by the PANDEMIC!!! and not by Biden/Harris. In addition, Biden has done better in getting inflation down than any other G7 country and Trumpers give him no credit for that.

End of story for me. Think whatever garbage you want to think. Facts regarding the causes of the higher inflation do not support you blaming Biden for it. There are a lot of things in play that had nothing to do with Biden. In fact, some of those factors that made the pandemic worse were due to Trump, meaning that Trump had more blame in the inflation going up as high as it did than Biden.

Inflation has been caused by Biden/Harris spending $7 trillion per year, stupid.

 

[Papageorgio]

It didn’t soar when Trump was President in 2016 but now it will? lol, I love politics, it defies logic.

 

[Luckyone]

It didn’t soar when Trump was President in 2016 but now it will? lol, I love politics, it defies logic.

I have been evaluating and trading the stock market for 47 years and have experienced inflation pressures 3 times. I am very aware of what causes inflation to occur and I will tell you that if Trump does what he has promised to, inflation will soar.....................and it is logical as it follows standard guidelines of inflation.

As such and with your comment about "it defies logic", it does mean that you have not even basic logic on what causes inflation.

 

[Nostra]

I have been evaluating and trading the stock market for 47 years and have experienced inflation pressures 3 times. I am very aware of what causes inflation to occur and I will tell you that if Trump does what he has promised to, inflation will soar.....................and it is logical as it follows standard guidelines of inflation.

As such and with your comment about "it defies logic", it does mean that you have not even basic logic on what causes inflation.

This is going to be my last post about inflation to anyone. I am tired of the ignorance that shown by Trumpers regarding inflation. Inflation was caused by the PANDEMIC!!! and not by Biden/Harris. In addition, Biden has done better in getting inflation down than any other G7 country and Trumpers give him no credit for that.

End of story for me. Think whatever garbage you want to think. Facts regarding the causes of the higher inflation do not support you blaming Biden for it. There are a lot of things in play that had nothing to do with Biden. In fact, some of those factors that made the pandemic worse were due to Trump, meaning that Trump had more blame in the inflation going up as high as it did than Biden.

 

[jc456]

That's because Trump drove the economy into a recession.

Inflation always drops from a recession.

Inflation was never higher than that his entire presidency after his tax cut was passed. Just dishonest. amazing.

 

[jc456]

I have been evaluating and trading the stock market for 47 years and have experienced inflation pressures 3 times. I am very aware of what causes inflation to occur and I will tell you that if Trump does what he has promised to, inflation will soar.....................and it is logical as it follows standard guidelines of inflation.

As such and with your comment about "it defies logic", it does mean that you have not even basic logic on what causes inflation.

ohhhhkay Francis. Fk you sky is falling fkers really are taxing on patience. You have absolutely nothing to suggest it, and, his previous stint as President was 1.4 to 1.6. Interest rates were 2%. Groceries affordable and gas between 2.25 and 3.00 a gallon. FACT!!! fker

 

[Luckyone]

It didn’t soar when Trump was President in 2016 but now it will? lol, I love politics, it defies logic.

Fake News, eh?

You know more that expert economists, right?

Tax cuts, tariffs and deportation: How economists say Donald Trump would increase inflation​

Goes to show how LITTLE you know!

 

[jc456]

Inflation was never higher than that his entire presidency after his tax cut was passed. Just dishonest. amazing.

Luckyone, here stupid fk.

How mortgage rates have skyrocketed under Joe Biden

The average rate on a 30-year fixed home loan rose to 7.51 percent on Monday.

www.newsweek.com

Republicans have blasted Biden's economic policies for rising mortgage rates and prices.

"Just last week, the Consumer Price Index showed prices have risen 17.4 percent since Mr. Biden took office. That means 26 months of consumers watching their paychecks disappear before their very eyes due to the rising cost of living," Texas Rep. Pat Fallon, chair of the House Subcommittee on Economic Growth, Energy Policy, and Regulatory Affairs, said during a hearing last week.

"Worse yet, mortgage rates have nearly doubled since Joe Biden took office, making it much harder for Americans to buy a new home. That's clearly not the American Dream."

 

[Harpy Eagle]

It didn’t soar when Trump was President in 2016 but now it will? lol, I love politics, it defies logic.

Trump was not promising tariffs of 200% or more on a shit ton of products his first term

Who is it you think pays a tariff?

 

[Luckyone]

It didn’t soar when Trump was President in 2016 but now it will? lol, I love politics, it defies logic.

 

[dudmuck]

It didn’t soar when Trump was President in 2016 but now it will? lol, I love politics, it defies logic.

 

[EvilCat Breath]

The democrat years in the white house have been an unmitigated disaster. People want the beneficial years Trump gave us.

 

[Papageorgio]

Oh you posted a funny meme which has nothing to do with my post! How silly of you. Of course vomiting senseless, moronic content on someone’s post is what you do best.