What happened to the tune the inflation rate was reduced to Trump levels?

[struth]

No. 2020. Remember?

Covid? I remember a record number of Americans were better off then then under Harris and Biden

Majority of Americans Feel Worse Off Than Four Years Ago

The slight majority of Americans say they are worse off than four years ago, while their assessments of the U.S. economy are subpar and inflation remains a key concern.

news.gallup.com

 

[boevans]

And they tripled down on stupid, reducing the interest rates twice. After one time the inflation rate for October rose to 2.6%

Trump 2020: 1.25%
Trump 2019: 1.81%

Last I checked 2.6% is more than twice 1.25%.

... and is a manageable number for portfolios as well as business.

 

[boevans]

Covid? I remember a record number of Americans were better off then then under Harris and Biden

That was before Trump created the economic conditions that dominated the last four years.

 

[whitehall]

Where did these figures come from? The failed Biden administration? Let it go lefties, Trump won in a landslide and let's see what happens.

 

[struth]

That was before Trump created the economic conditions that dominated the last four years.

Sadly, record low UE, and low inflation and interest rates didn't dominate the past four years.

The Dems took Congress and the White House, and undid those economic conditions, and gave us, well....a majority of Americans worse off

 

[berg80]

It's been well established you're dumb and stupid. Trump's recession? That's real funny. Would you feel better to reflect on 2019 only?

What's less?

2019: 1.81%
Today: 2.6%
Your IQ: <100

Inflation in 2019 was 2.30%.

Historical U.S. Inflation Rate by Year: 1929 to 2025

By looking at the inflation rate each year, you can gain insight into how prices changed and how events around the globe impacted the average U.S. consumer.

www.investopedia.com

 

[IDIOCRACY]

Inflation in 2019 was 2.30%.

Historical U.S. Inflation Rate by Year: 1929 to 2025

By looking at the inflation rate each year, you can gain insight into how prices changed and how events around the globe impacted the average U.S. consumer.

www.investopedia.com

Average inflation rate, 2019:

2019​

1.6​

1.5​

1.9​

2.0​

1.8​

1.6​

1.8​

1.7​

1.7​

1.8​

2.1​

2.3​

1.8​

Average inflation rate 2024: 2.99% and climbing.

 

[Jim H - VA USA]

Moron, do you seriously want Trump's 2020 recession back that CAUSED temporary demand fall-off and lowered inflation?

2% is considered to be the desired inflation rate by economists asnd we are right about there. So Trump is coming into office after the problem has already been resolved.

Um, retard?

We were in the middle of a pandemic. That's why inflation was 1.25 percent.

That's what happens during recessions, moron. Would you like another one?

You remind me of those tards who brag about gas being $1.87 without mentioning it was DURING THE PANDEMIC.

You guys must be really grumpy lately. Not sure why you have to start off with an insult to the OP who was making a point with actual numbers.

In my opinion, inflation is not really tackled until the year-on-year CPI approaches 2% while the Federal Funds effective rate approaches ~2% as well. Fed rate is still a big sledgehammer near 5%....

Regards,
Jim

 

[struth]

Inflation in 2019 was 2.30%.

Historical U.S. Inflation Rate by Year: 1929 to 2025

By looking at the inflation rate each year, you can gain insight into how prices changed and how events around the globe impacted the average U.S. consumer.

www.investopedia.com

and here are the avg for Xiden.Harris

• In 2023, the average rate of inflation was 4.1%.
• In 2022, the average rate of inflation was 8.0%.
• In 2021, the average rate of inflation was 4.7%.

This is why a record number of Americans are worse off since electing the Dems. Never forget

 

[Zafira Cherry]

Moron, do you seriously want Trump's 2020 recession back that CAUSED temporary demand fall-off and lowered inflation?

2% is considered to be the desired inflation rate by economists asnd we are right about there. So Trump is coming into office after the problem has already been resolved.

they do. and they will be crying when they lose their jobs. Kamala was a better choice.

 

[Marener]

In my opinion, inflation is not really tackled until the year-on-year CPI approaches 2% while the Federal Funds effective rate approaches ~2% as well. Fed rate is still a big sledgehammer near 5%....

This would be well outside of historical norms. Average inflation is 2.5% over the last 30 years. Fed funds of 2% is extremely strange historically speaking. It was 5% throughout the entirety of the 90s. Historically speaking, 2% would be extremely low to be considered "normal".

It's been a mystery why we were able to keep low inflation and essentially 0% interest rates for the last 20 years, but I don't think anyone really thought it was sustainable.

 

[22lcidw]

Moron, do you seriously want Trump's 2020 recession back that CAUSED temporary demand fall-off and lowered inflation?

2% is considered to be the desired inflation rate by economists asnd we are right about there. So Trump is coming into office after the problem has already been resolved.

The western world power structure made promises when they destroyed Trump the first time around. It was endless. It was sanctimonious. Covid and cancer stopped and cured was promised on the day Joe was installed. Joe promised to reach out to all citizens to unify us all. The inflation is all on them. Printing tens of trillions of fiat dollars to pay their special interests off. The idiot states and cities that shut down their economies if not for the nation still being powerful would be in a heavy poverty situation now. Someone had to pay. And inflation was ignited from it. and the illegals was also part of the package. Those who got them know what has happened. If a politician continues to bleed massive resources for them then they are inferior for the task.

 

[AntonToo]

The USA is fed up with idiot Bidenomics and cheered as Trump returned to the White House.

Don't quote me if you have no actual interest in addressing what was said.

 

[AntonToo]

It's been well established you're dumb and stupid. Trump's recession? That's real funny. Would you feel better to reflect on 2019 only?

What's less?

2019: 1.81%
Today: 2.6%
Your IQ: <100

Thats a very interesting way of amitting that your original post is pretty fucking dumb.

 

[AntonToo]

and here are the avg for Xiden.Harris

• In 2023, the average rate of inflation was 4.1%.
• In 2022, the average rate of inflation was 8.0%.
• In 2021, the average rate of inflation was 4.7%.

This is why a record number of Americans are worse off since electing the Dems. Never forget

That is about as laughable and stupid of an argument for ANYTHING as trying to blame 2020 global pandemic on Trump.

 

[struth]

That is about as laughable and stupid as trying to blame a global pandemic on Trump.

who would be dumb enough to blame a virus on a President? hahahah that's weird.

 

[AntonToo]

who would be dumb enough to blame a virus on a President? hahahah that's weird.

Idiot you are saying this while blaming global inflation after effects on Biden.

Zero clue.

 

[AntonToo]

Trouble with leftists is they parrot shit, and when it's discovered the parroting is untrue, their fragility prevents them from acknowledging it.

It's not true that there was a historic recession in 2020 that temporarily collapsed demand?

 

[struth]

Idiot you are saying this while blaming global inflation after effects on Biden.

Zero clue.

I didn't say anything about global inflation. I posted the inflation rate for the United States.

 

[AntonToo]

This would be well outside of historical norms. Average inflation is 2.5% over the last 30 years. Fed funds of 2% is extremely strange historically speaking. It was 5% throughout the entirety of the 90s. Historically speaking, 2% would be extremely low to be considered "normal".

It's been a mystery why we were able to keep low inflation and essentially 0% interest rates for the last 20 years, but I don't think anyone really thought it was sustainable.

Not too much of a mystery given efficiency gains, but yea some drop off would be expected.