Trump vowed to slash prices — inflation just hit highest in months

[theHawk]

www.msn.com/en-us/money/...​

Despite President Donald Trump’s repeated claims that there is “no inflation,” consumer prices jumped in June, rising to an annual rate of 2.7%—the highest level in months. Economists cite the President’s tariffs, now beginning to take effect, along with rising costs for food, energy, and rent.


The Consumer Price Index increase “is slightly higher than expected and is up from an annual pace of 2.4 percent in May,” according to The New York Times.

ABC News called it “a notable surge of price increases as President Trump’s tariff policy took hold.”

“Worsening inflation poses a political challenge for President Donald Trump, who promised during last year’s presidential campaign to immediately lower costs,” the Associated Press reported Tuesday, noting that inflation “rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost of a range of goods.”


Inflation is the highest in months, as the Trump tariffs begin to take effect. You can expect a steady increase in the inflation rate as the tariffs, another tax on Americans, takes effect. It may very well rise above 3% in July. It is hard to say where it will peak, at this point. Will trump once again back off his worldwide tariff threats?

The “highest in months” …where it has been back to the lows.

I know y’all got nothing else to bang on at this point, but come on. This from the party of “it’s just transitory inflation”.

Bidenflation wrecked this country and people’s savings accounts:

Families Crushed as Biden’s Total Inflation Breaks 17% | The U.S. House Committee on the Budget - House Budget Committee

The Official U.S. Congressional website of The Republican Budget Committee

budget.house.gov

 

[ElmerMudd]

I see what you're saying, you're saying that Trump's inflation is far, far below Biden's inflation.

I am saying Trump's inflation is yet to be determined. The 4th quarter will be telling.

 

[Moonglow]

This should help,

The Trump Administration Is About to Incinerate 500 Tons of Emergency Food

Federal workers warned for months that the high-energy biscuits would go to waste.

www.yahoo.com

 

[Independent thinker]

I am saying Trump's inflation is yet to be determined. The 4th quarter will be telling.

Biden's inflation was about 20% over four years. Trump's inflation has been in the 2's and even the 4th quarter won't be a year for Trump.

 

[ElmerMudd]

Biden's inflation was about 20% over four years. Trump's inflation has been in the 2's and even the 4th quarter won't be a year for Trump.

Do you, always, just make shit up. Do you ever research anything you say other than making sure it passes the sniff test of your cult leader Donald Trump. You are full of shit and you are speaking it out continually.

 

[drudge X]

Do you, always, just make shit up. Do you ever research anything you say other than making sure it passes the sniff test of your cult leader Donald Trump. You are full of shit and you are speaking it out continually.

Do you ever think for yourself or let Joy Reid tells you how to think?

Inflation during the Biden Adminisration....Auto Ins +59.2, Gas +39.5%, Entertainment +24.3, Home Energy 30.9%, Transportation, +31.5%, Used Cars +19.5%, Food 22.7%, New cars 19.1%, Hotels +31.4%, Furniture +12.3%, Airfare +27.5%, Alcohol +12.5%, Housing +23.8% (BLM 12/2020-12/2024)

 

[ElmerMudd]

Do you ever think for yourself or let Joy Reid tells you how to think?

Inflation during the Biden Adminisration....Auto Ins +59.2, Gas +39.5%, Entertainment +24.3, Home Energy 30.9%, Transportation, +31.5%, Used Cars +19.5%, Food 22.7%, New cars 19.1%, Hotels +31.4%, Furniture +12.3%, Airfare +27.5%, Alcohol +12.5%, Housing +23.8% (BLM 12/2020-12/2024)

Educate yourself, drudge.
You are quoting compounding inflation. The inflation, previously discussed, is aggregated comparative inflation. The more common inflation discussed.
Trump's recently quoted 2.7% inflation would be higher if quoting compounded inflation. You don't have a clue.
Read the articles below before you start popping off about inflation which you don't have grasp

​

U.S. Inflation Rate by President: From Truman to Biden

Here are the average year-over-year inflation rates by president, and the events and economic conditions that contributed to them.

www.investopedia.com

https://www.forbes.com/sites/dereks...nd-trump-from-jobs-to-inflation-final-update/

Do you ever think for yourself or let Joy Reid tells you how to think?

Inflation during the Biden Adminisration....Auto Ins +59.2, Gas +39.5%, Entertainment +24.3, Home Energy 30.9%, Transportation, +31.5%, Used Cars +19.5%, Food 22.7%, New cars 19.1%, Hotels +31.4%, Furniture +12.3%, Airfare +27.5%, Alcohol +12.5%, Housing +23.8% (BLM 12/2020-12/2024)

 

[Independent thinker]

Do you, always, just make shit up. Do you ever research anything you say other than making sure it passes the sniff test of your cult leader Donald Trump. You are full of shit and you are speaking it out continually.

Over four years Biden’s inflation added up to just a hair under 20%. Hell, it was almost 10% in just one year. You know that is the truth.

 

[ElmerMudd]

Over four years Biden’s inflation added up to just a hair under 20%. Hell, it was almost 10% in just one year. You know that is the truth.

Do some research and provide actual numbers with an explanation of how the numbers were determined. There is plenty to call out on inflation during the Biden administration. You don't have to make shit up to show it.
But every country in the world had inflation after COVID. Biden was not President of those countries.
The 20% can be arrived by compounding the inflation during Biden's's admin. If you use a compounding figure for Trump's first term it would be close to 10%. But the common inflation number used is a comparative number by time frame. Biden had 4.9% and Trump, in his first term had 2.5%. Plus you need to compare inflation with earnings growth Biden had earnings growth of 19% while Trump had earnings growth of 15% in his first tyerm. I know you don't understand any of this.
But I am impressed on how intelligent I am.

U.S. Inflation Rate by President: From Truman to Biden

Here are the average year-over-year inflation rates by president, and the events and economic conditions that contributed to them.

www.investopedia.com

 

[Independent thinker]

Do some research and provide actual numbers with an explanation of how the numbers were determined. There is plenty to call out on inflation during the Biden administration. You don't have to make shit up to show it.
But every country in the world had inflation after COVID. Biden was not President of those countries.
The 20% can be arrived by compounding the inflation during Biden's's admin. If you use a compounding figure for Trump's first term it would be close to 10%. But the common inflation number used is a comparative number by time frame. Biden had 4.9% and Trump, in his first term had 2.5%. Plus you need to compare inflation with earnings growth Biden had earnings growth of 19% while Trump had earnings growth of 15% in his first tyerm. I know you don't understand any of this.
But I am impressed on how intelligent I am.

U.S. Inflation Rate by President: From Truman to Biden

Here are the average year-over-year inflation rates by president, and the events and economic conditions that contributed to them.

www.investopedia.com

In other words, blame all of Biden's bad numbers on Trump or something else so they don't count. But Trump's numbers count.

 

[0311]

Do some research and provide actual numbers with an explanation of how the numbers were determined. There is plenty to call out on inflation during the Biden administration. You don't have to make shit up to show it.
But every country in the world had inflation after COVID. Biden was not President of those countries.
The 20% can be arrived by compounding the inflation during Biden's's admin. If you use a compounding figure for Trump's first term it would be close to 10%. But the common inflation number used is a comparative number by time frame. Biden had 4.9% and Trump, in his first term had 2.5%. Plus you need to compare inflation with earnings growth Biden had earnings growth of 19% while Trump had earnings growth of 15% in his first tyerm. I know you don't understand any of this.
But I am impressed on how intelligent I am.

U.S. Inflation Rate by President: From Truman to Biden

Here are the average year-over-year inflation rates by president, and the events and economic conditions that contributed to them.

www.investopedia.com

The problem is you insist on using facts. MAGA don't need no stinkin' fact.

 

[Meister]

The MAGA minions will refuse to believe it. As inflation increases over the months to come, and it will, MAGA will start saying inflation is good.

Fact is that there is always inflation......every year there is inflation.
What there isn't every year is inflation that your master, Biden was
producing for this country.

Sheesh

 

[John Edgar Slow Horses]

Trump will be known as The Inflation President and we was the Unemployment Rate President.

 

[Paradoxical#1]

Trump will be known as The Inflation President and we was the Unemployment Rate President.

I see the left continues to believe what the DNC tells them, to believe. Are they THAT dumb?

Democratic Party posts Biden-era price hikes in widely-mocked X post attacking Trump

The Democratic Party’s official X account posted a graph of rising grocery prices on Thursday that showed massive spike during the Biden administration.

www.foxnews.com

 

[John Edgar Slow Horses]

Hey, where are the slashed prices the Pedophile President promised.

 

[CrusaderFrank]

www.msn.com/en-us/money/...​

Despite President Donald Trump’s repeated claims that there is “no inflation,” consumer prices jumped in June, rising to an annual rate of 2.7%—the highest level in months. Economists cite the President’s tariffs, now beginning to take effect, along with rising costs for food, energy, and rent.


The Consumer Price Index increase “is slightly higher than expected and is up from an annual pace of 2.4 percent in May,” according to The New York Times.

ABC News called it “a notable surge of price increases as President Trump’s tariff policy took hold.”

“Worsening inflation poses a political challenge for President Donald Trump, who promised during last year’s presidential campaign to immediately lower costs,” the Associated Press reported Tuesday, noting that inflation “rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost of a range of goods.”


Inflation is the highest in months, as the Trump tariffs begin to take effect. You can expect a steady increase in the inflation rate as the tariffs, another tax on Americans, takes effect. It may very well rise above 3% in July. It is hard to say where it will peak, at this point. Will trump once again back off his worldwide tariff threats?

From the "best Biden ever!" media folks

 

[0311]

I see the left continues to believe what the DNC tells them, to believe. Are they THAT dumb?

Democratic Party posts Biden-era price hikes in widely-mocked X post attacking Trump

The Democratic Party’s official X account posted a graph of rising grocery prices on Thursday that showed massive spike during the Biden administration.

www.foxnews.com

47 Campaigned on lowering prices. He has failed to do so.

 

[struth]

www.msn.com/en-us/money/...​

Despite President Donald Trump’s repeated claims that there is “no inflation,” consumer prices jumped in June, rising to an annual rate of 2.7%—the highest level in months. Economists cite the President’s tariffs, now beginning to take effect, along with rising costs for food, energy, and rent.


The Consumer Price Index increase “is slightly higher than expected and is up from an annual pace of 2.4 percent in May,” according to The New York Times.

ABC News called it “a notable surge of price increases as President Trump’s tariff policy took hold.”

“Worsening inflation poses a political challenge for President Donald Trump, who promised during last year’s presidential campaign to immediately lower costs,” the Associated Press reported Tuesday, noting that inflation “rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost of a range of goods.”


Inflation is the highest in months, as the Trump tariffs begin to take effect. You can expect a steady increase in the inflation rate as the tariffs, another tax on Americans, takes effect. It may very well rise above 3% in July. It is hard to say where it will peak, at this point. Will trump once again back off his worldwide tariff threats?

2.7 still lower then what he inherited from xiden

 

[struth]

Do you, always, just make shit up. Do you ever research anything you say other than making sure it passes the sniff test of your cult leader Donald Trump. You are full of shit and you are speaking it out continually.

21.2 percent over xiden’s four years

https://finance.yahoo.com/news/the-final-accounting-on-bidenflation-212613508.html

 

[Paradoxical#1]

47 Campaigned on lowering prices. He has failed to do so.

Bidenflation was a big problem. Gas is lower now, thank goodness.