No actual progress on inflation

[Marener]

To anyone that wants to claim Trump has brought down inflation, this graph should help dissuade you.

There's no difference. Inflation hasn't changed meaningfully.

Personal Income and Outlays, July 2025 | U.S. Bureau of Economic Analysis (BEA)

Personal income increased $112.3 billion (0.4 percent at a monthly rate) in July, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)—personal income less personal current taxes—increased $93.9 billion (0.4 percent) and personal...

www.bea.gov

 

[1srelluc]

Steady as she goes....Hardly the gloom-n-doom the leftists like yourself predicted.

 

[kyzr]

New Tariffs are preventing the inflation rate from dropping.
After the tariffs normalize pricing, the inflation rate will come down.
What happened to the "tariffs will cause inflation and a recession" talking point???

 

[Marener]

New Tariffs are preventing the inflation rate from dropping.
After the tariffs normalize pricing, the inflation rate will come down.
What happened to the "tariffs will cause inflation and a recession" talking point???

Tariff policy keeps changing so it's impossible to predict much. The effect of tariffs is influenced by a lot of factors including pre-tariff stocking up, the multitude of special exemptions given to companies, the willingness for companies to eat the cost increases and the amount of time they can reasonably afford to do so.

There's no such thing as a free lunch. $500 billion in new taxes is going to have an effect on the economy and consumers. The probability of recession is still substantially higher now because of Trump's policies than it was under Biden's policies.

 

[1srelluc]

Tariff policy keeps changing so it's impossible to predict much.

Then why don't you STFU about something you don't have a clue about?

Then again that would mean you would have to admit you were wrong.

 

[Marener]

Then why don't you STFU about something you don't have a clue about?

Then again that would mean you would have to admit you were wrong.

No one really understands Trump's policies. That's a problem for the economy.

 

[kyzr]

Tariff policy keeps changing so it's impossible to predict much. The effect of tariffs is influenced by a lot of factors including pre-tariff stocking up, the multitude of special exemptions given to companies, the willingness for companies to eat the cost increases and the amount of time they can reasonably afford to do so.
There's no such thing as a free lunch. $500 billion in new taxes is going to have an effect on the economy and consumers. The probability of recession is still substantially higher now because of Trump's policies than it was under Biden's policies.

Very true. Tariffs are subject to negotiation. The EU wants to go to zero tariffs.
The probability of a recession is higher because Biden had a $2T annual deficit, and 9.1% peak inflation.
Trump will have a balanced budget and start paying down the $37T debt.
Biden's economy was a "sugar high" on borrowed money.
Trump is building the economy the right way.

 

[Lisa558]

That 3% is looking very good after the Biden’s Inflation Act of 9%.

And once Powell stops keeping the fed rate unnecessarily high, inflation will drop closer to 2%. Powell is dragging his feet because he’d rather 100 million Americans pay more for their mortgages and credit cards than allow Trump a win.

 

[Lisa558]

Tariff policy keeps changing so it's impossible to predict much. The effect of tariffs is influenced by a lot of factors including pre-tariff stocking up, the multitude of special exemptions given to companies, the willingness for companies to eat the cost increases and the amount of time they can reasonably afford to do so.

There's no such thing as a free lunch. $500 billion in new taxes is going to have an effect on the economy and consumers. The probability of recession is still substantially higher now because of Trump's policies than it was under Biden's policies.

There won’t be new taxes if you buy American, and on top of that you’ll be supporting this country and our economy.

 

[Moonglow]

Very true. Tariffs are subject to negotiation. The EU wants to go to zero tariffs.
The probability of a recession is higher because Biden had a $2T annual deficit, and 9.1% peak inflation.
Trump will have a balanced budget and start paying down the $37T debt.
Biden's economy was a "sugar high" on borrowed money.
Trump is building the economy the right way.

 

[1srelluc]

That 3% is looking very good after the Biden’s Inflation Act of 9%.

And once Powell stops keeping the fed rate unnecessarily high, inflation will drop closer to 2%. Powell is dragging his feet because he’d rather 100 million Americans pay more for their mortgages and credit cards than allow Trump a win.

LOL....If you think CC rates will come down you have another think coming to you.

 

[Marener]

Very true. Tariffs are subject to negotiation. The EU wants to go to zero tariffs.
The probability of a recession is higher because Biden had a $2T annual deficit, and 9.1% peak inflation.
Trump will have a balanced budget and start paying down the $37T debt.
Biden's economy was a "sugar high" on borrowed money.
Trump is building the economy the right way.

None of this makes any logical sense, it's just right wing cope.

The probability of recession was LOWER in 2024 than in 2025. It's not higher now because of Biden. It's higher because of Trump's tariff policy.

Your belief in a balanced budget is pure fantasy.

Biden's economy actually had organic growth. Pretty hard to be fueled by borrowed money when interest rates are 5-6%.

Trump is stalling the economy with uncertainty, higher material costs and restricting labor pool.

 

[Lisa558]

LOL....If you think CC rates will come down you have another think coming to you.

Well, mortgages and home equity loans, then.,,,and that’s 100 million people.

As for me, my CC rate is 5.7%.

 

[Moonglow]

There won’t be new taxes if you buy American, and on top of that you’ll be supporting this country and our economy.

Yer cell phone is not made in America, along with many other products.

 

[Moonglow]

Well, mortgages and home equity loans, then.,,,and that’s 100 million people.

As for me, my CC rate is 5.7%.

Thanks fer the laughs.

 

[Marener]

That 3% is looking very good after the Biden’s Inflation Act of 9%.

And once Powell stops keeping the fed rate unnecessarily high, inflation will drop closer to 2%. Powell is dragging his feet because he’d rather 100 million Americans pay more for their mortgages and credit cards than allow Trump a win.

3% in 2025 is the same 3% in 2024. Trump and his supporters like to claim inflation is way down but it's just a lie.

Powell is trying to prevent inflation from taking off again. It's the right thing to do. He's actually the adult. The governors on the Federal Reserve Board that want to cut interest rates are worried about the labor market collapsing and an impending recession, but we aren't supposed to talk about that.

 

[Marener]

There won’t be new taxes if you buy American, and on top of that you’ll be supporting this country and our economy.

Lots of products you can't buy, especially in the same quality. A few niche European brands were really like are pulling out of the market entirely. The effect of his tariffs are limiting consumer choices, which is a decrease in our quality of life. There's no American substitute.

Even if there were, the prices would be higher and higher prices means higher inflation.

 

[Lisa558]

3% in 2025 is the same 3% in 2024. Trump and his supporters like to claim inflation is way down but it's just a lie.

Powell is trying to prevent inflation from taking off again. It's the right thing to do. He's actually the adult. The governors on the Federal Reserve Board that want to cut interest rates are worried about the labor market collapsing and an impending recession, but we aren't supposed to talk about that.

And 3% is a big improvement over Biden’s 9%. And they would be lower if Powell weren’t blocking.

And Powell is trying to keep rates as high as he can get away with in order to slow the economy. Why did he lower them a month before the election? To goose the economy and give Kamala a boost.

 

[Marener]

Well, mortgages and home equity loans, then.,,,and that’s 100 million people.

As for me, my CC rate is 5.7%.

The traditional 30 year fixed mortgage, which represents the vast majority of all mortgages are driven by the 10 year treasury rate. The Fed decreased interest rates by 1% last year and 30 year fixed mortgage rates barely budged because 10 year treasury rates barely budged. If anything, Trump's policies are keeping treasury rates higher than they otherwise would be so in essence Trump has more blame for high mortgage rates than Powell at this point.

 

[22lcidw]

None of this makes any logical sense, it's just right wing cope.

The probability of recession was LOWER in 2024 than in 2025. It's not higher now because of Biden. It's higher because of Trump's tariff policy.

Your belief in a balanced budget is pure fantasy.

Biden's economy actually had organic growth. Pretty hard to be fueled by borrowed money when interest rates are 5-6%.

Trump is stalling the economy with uncertainty, higher material costs and restricting labor pool.

Where was this technical talk with Joe. There should be millions and millions and millions of electric car charging stations now. I expect prices to reduce at some point. Also, I believe Progs have infected our food supply for political reasons.