Who Made Life In The U.S. Unaffordable?

The happy spenders during covid and the I.R.A started it.

Trumps BBB continued it.

However, when you have 20M illegals in your country, rent is going to be impacted and increase. 20M fewer people, the supply/demand balance is in renters favour and that is a HUGE reason for decreased savings and cost certainty.

Worse, I imagine companies are exploiting citizens but I don't know this for sure.
Trump spent during COVID. The infrastructure act did not start anything. Inflation was global. You had worse inflation up there. Bien didn't make life less affordable, and had Trump been re-elected, he would have faced the same inflation. And his tariffs would have made it worse and longer-lasting.
 
This has been a true team effort, and the setup for it goes back decades.

Clinton's repeal of Glass Steagall, Greenspan's refusal to regulate the derivatives unleashed by that repeal that damn near killed us, QE/easy money all day in response to all that, private equity buying up FAR too many residential properties, the destruction of the middle class/wealth disparity, a horrific housing supply problem, the unwillingness of our "leaders" (ha ha ha) to work together like adults to create smart reform, on and on and on.

Partisan finger-pointing on this would be ridiculous, which is par for the course in politics.
You left out "continual whining and crying by..." ......people like you.
 
What Trump inherited were prices that were 20% higher than at the end of his first term.
Trump created the conditions that caused inflation by his mismanagement of COVID. Trump inherited a record economy. Biden did not make business owners price gouge, and Biden didn't make us keep spending even when the prices were high.
 
The blob says “affordability is a hoax”...is he lying?
Wrong, he said that blaming HIM is the hoax. Your turnip and those who were pulling the puppet strings are the authors of the unaffordability.

As you know.
 
Trump created the conditions that caused inflation by his mismanagement of COVID. Trump inherited a record economy. Biden did not make business owners price gouge, and Biden didn't make us keep spending even when the prices were high.
Bullshit.
 
The avetage laborer cannot create inflation. You believe in wage suppression?
Nobody said anything about “the” average laborer until your above-quoted post.

More importantly, your premise is wrong.

If the majority of “laborers,” etc., get reasonable raises, they can spend more of their income. Such a large influx of spending
could indeed lead to inflation.
 
I hear medical expenses are the #1 cause for bankruptcy. At least it has to be up there.

Luckily nobody has made my life unaffordable so far. The recent inflation isn't anything compared to what we had throughout the 70's. Fortunately Paul Volcker's tight money policy cured that.
 
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I hear medical expenses are the #1 cause for bankruptcy. At least it has to be up there.

Luckily nobody has made my life unaffordable so far. The recent inflation isn't anything compared to what we had throughout the 70's. Fortunately Paul Volcker's tight money policy cured that.
I believe credit card debt surpassed it recently.
 
What Trump inherited were prices that were 20% higher than at the end of his first term.

Inflation...do you know what that means? It's means annualized rate of prices growth.

Meaning how fast were prices growing when Trump got into office and started implementing inflationary tariffs?

they were 2.x%, buttoming out in the early spring of 2025 and then it was up up up up every month since his "Liberation day" when huge across the board tarrifs were instituted.
 
Trump created the conditions that caused inflation by his mismanagement of COVID. Trump inherited a record economy. Biden did not make business owners price gouge, and Biden didn't make us keep spending even when the prices were high.
Inflation has been around for decades before Trump was even born.
The depth of your ignorance is astounding.
 
But wages rising bigly does not cause inflation.
Did you ever run a business? Did you pay your employee more than they produced? Did you keep your prices the same while your profit margin went to zero? How long was it before you went bankrupt?

Methusaleh, you are damned funny sometimes with the absolute stupid shit you post!
 
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First off, it was Biden and the Democrats who had a four year inflation rate total of about 20%. So, when Trump has like 2.8% inflation, it gets added onto the inflation we already had under Democrats. So, prices under Trump are 22.8% higher than prices were four years ago. Then, you have to also consider that the blue states are the ones with higher prices and Trump can't do that much for blue state inflation. Democrats own that.


The Democrats have decided that “affordability” is the issue that will win the next election cycle. Are they daft? The most unaffordable states and cities in the country are Democrat strongholds.
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Trump spent during COVID. The infrastructure act did not start anything. Inflation was global. You had worse inflation up there. Bien didn't make life less affordable, and had Trump been re-elected, he would have faced the same inflation. And his tariffs would have made it worse and longer-lasting.
I agree in principle. I will say that the US handled the economic impact as well as any country in the world so we didnt screw up everything. Our inflation was lower and our recovery faster which both administrations can take some credit. For all Trump's faults he didnt screw up the vaccination research even if he did eventually fold to the fake news fear on vaccinations once out of office.

Biden had no tools to battle a jammed up supply chain, companies making record profits with price increases, and increasing wages resulting from a lethargic work force during the pandemic. Again, we exited Covid as cleanly economically as anyone.

Inflation was inevitable.
 
First off, it was Biden and the Democrats who had a four year inflation rate total of about 20%. So, when Trump has like 2.8% inflation, it gets added onto the inflation we already had under Democrats. So, prices under Trump are 22.8% higher than prices were four years ago. Then, you have to also consider that the blue states are the ones with higher prices and Trump can't do that much for blue state inflation. Democrats own that.


The Democrats have decided that “affordability” is the issue that will win the next election cycle. Are they daft? The most unaffordable states and cities in the country are Democrat strongholds.
All of the "Chatter" from both Political Parties, that concentrates on what the current, &/or Previous Admin has done in regards to the Economy, Inflation, & The Dollar is "Short Sighted", & "Orwellian" in My Belief.

To see the Treasonous, & Horrific Economic Decline of America,.... Study the Data from the early 1900s, The 1940s, the 1960s, & the 1970s.

Minimum Wage, in Ohio, in the early 1970s was $1.74!!!! A Ford Maverick could be purchased with a 302 motor for less than $3,000.00!!! At least two shopping carts could be filled to overflowing with Nutritious Food for less than $175.00!!!

Ya'll,...... The American Dollar/Economy have been Failing ever since I was a Child, and now, with the UNPAYABLE National Debt of Trillions of Dollars,....... We are quickly heading to an Unprecedented Economic Collapse, that both the Democrats, & Republicans caused!!

Sadly,....... The majority of Democrat, & Republican Voters, that cling to the "Lies of Today", told by their Leaders, about the Economy, etc. are Gullible, Programed, & Herded Sheeple!
 
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