Who Made Life In The U.S. Unaffordable?

Like everything else in life, you get what you pay for.
 
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.

The federal government made America unaffordable, in setting the example that pretending that unsurmountable debt is acceptable for everyone, as long as they get whatever they want, whether or not they can effectively manage servicing the debt.
 
Except massive gov spending with Trump’s signature right dummy?
Start here to get some education;
Using the "Time Machine" function and notice which goes back to 1980 and notice inflation was well in place then, and long before then, and also Democrats are as much to fault, if not more so, than Republicans.
 
Again THIS is what Trump was handed:

View attachment 1192876


Take your stupid "20%" and shove it up your ass. May as well ***** about inflation under Carter.
Inflation is cumulative.
What happened under Biden remains in effect, it didn't go away or reduce.
BTW, Biden oversaw the three highest inflation years out of the past 25 per the chart here;
...
Table: Annual Inflation Rates


To find annual inflation rates for a calendar year, look to the December column. For instance, the inflation rate in 2024 was 2.9%. Meanwhile, the "Ave" column shows the average inflation rate for each year using CPI data. In 2023, the average inflation rate was 4.1%. These average rates are published by the BLS but are rarely discussed in the news media, taking a back seat to the actual rate of inflation for a given calendar year.'
...
 
“Affordability” is the new leftard word — for now.

We should have a thread dedicated to their next faux issue.

Predictions?

Gaslighting the middle class that affordability is a made up issue will not work.
They see where their hard earned money goes and it does not go as far as it used to.

Housing, Healthcare, Energy, Transportation, Education, Entertainment are all out of reach and trade offs must be made
 
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.
Why do you put up OP's that are so full of misinformation and are so biased? Do you have any honest genes in you?

AI Overview


The U.S. inflation rate in 2022 was significantly high, peaking around 9.1% in June, marking a 40-year high, and ended the year around 6.5% (December-to-December), with an annual average of about 8.0%.

NOT THE 20% you stated

AI Overview



The high
US inflation rate, which averaged 8.0% in 2022, was caused by a combination of global factors including supply chain disruptions from the COVID-19 pandemic, sharp increases in global energy and food commodity prices (exacerbated by Russia's invasion of Ukraine), and strong consumer demand fueled by earlier government stimulus.
Estimates on how much President Biden's policies added to the inflation rate vary among economists, but a consensus indicates they were a contributing factor, with some studies attributing a specific percentage to federal spending.



Reasons for High Inflation in 2022

The primary drivers of the high inflation in 2022, which peaked at 9.1% in June, included:
  • Global Supply Chain Disruptions: Lingering effects of the COVID-19 pandemic caused significant bottlenecks in the global supply chain, leading to shortages of goods and increased prices.
  • Energy and Commodity Price Spikes: Global energy prices, particularly for crude oil and natural gas, surged due to the Russian invasion of Ukraine in February 2022. This increased transportation and manufacturing costs, which then cascaded into the prices of nearly all goods and services, including food.
  • Strong Consumer Demand: A rapid rebound in demand as economies reopened, supported by high levels of household savings and previous government stimulus measures, outpaced the available supply of goods.
  • Housing Costs: Shelter costs, which make up a significant portion of the Consumer Price Index (CPI), experienced sharp increases that lagged overall market trends, contributing persistently to high inflation throughout the year.
  • Federal Reserve Policy: The Federal Reserve was criticized by some economists for being slow to begin raising interest rates and tightening monetary policy, which allowed inflationary pressures to build further before aggressive hikes began in March 2022.

Impact of the Biden Administration's Policies

The question of how much the Biden administration's policies contributed to inflation is a subject of debate among economists, who differ on the precise magnitude:
  • Significant Contributor View: Some research, such as a study by MIT scholars, suggests that federal spending was the most significant driver, attributing as much as 42% of inflation through February 2022 to government spending. The $1.9 trillion American Rescue Plan, enacted in March 2021, injected substantial demand into the economy when supply was already constrained, which critics argue "lit the fuse" of the inflationary surge.
  • Minor Contributor View: Other economists argue that the Biden administration's policies were only a minor factor compared to global events like the pandemic and the war in Ukraine. They point out that inflation was a global phenomenon, and other wealthy countries experienced comparable jumps without similar levels of U.S. stimulus.
  • Consensus: The general consensus among economists is that the policies contributed to the problem by stimulating consumer demand, but they were not the sole cause. The precise amount is difficult to isolate, with estimates of the American Rescue Plan's impact on the overall inflation rate ranging from an additional two to four percentage points.
Those are the two opposing views but if you go ahead and use the figures given by the right (of it being 42% Biden contributing to inflation), that would still ONLY mean that of the high of 9% inflation, 42% of that would be an 3.8% inflation addition due to Biden.

Then again:

AI Overview

Inflation in Europe surged in 2022, with the European Union (EU) seeing an annual average of 9.2% and the Euro Area peaking at 10% in September, its highest ever, driven mainly by record energy and food price hikes, especially after the Ukraine invasion.

Inflation grew 9.2% in Europe (higher than the 9% in the U.S.), suggesting that it was not Biden that was the cause of the inflation (Biden had no effect on European inflation) but that it was the Pandemic alone that caused inflation.

When are you going to ALLOW data, statistics and facts enter your brain? Ever? or are you going to remain a biased fool?
 
Gaslighting the middle class that affordability is a made up issue will not work.
True.
They see where their hard earned money goes and it does not go as far as it used to.
Housing, Healthcare, Energy, Transportation, Education, Entertainment are all out of reach and trade offs must be made
Biden's 20% total inflation put families in a hole, and it will take time until tax cuts and raises can get them back to even.

Deportations will help with housing and groceries, but electricity and beef prices are still going up.
The good news is that electricity will be cheaper than in the EU where they stupidly went "green".
 
People who over spent and under budgeted . Then it’s something that others need to fix for them
 
True.

Biden's 20% total inflation put families in a hole, and it will take time until tax cuts and raises can get them back to even.

Deportations will help with housing and groceries, but electricity and beef prices are still going up.
The good news is that electricity will be cheaper than in the EU where they stupidly went "green".
You can’t fool working families that they are not struggling.

Biden/Harris pointed to economic numbers that pointed to an improved economy. Voters said …..I can’t afford what I used to and voted against Democrats

Republicans will face the same challenge
 
You can’t fool working families that they are not struggling.
Biden/Harris pointed to economic numbers that pointed to an improved economy. Voters said …..I can’t afford what I used to and voted against Democrats. Republicans will face the same challenge
Yep. When voters aren't happy they "throw the bums out", unless they think about going from the frying pan into the fire.

Democrats have no plans or policies that would make affordability better, they just whine about prices.
 
Start here to get some education;
Using the "Time Machine" function and notice which goes back to 1980 and notice inflation was well in place then, and long before then, and also Democrats are as much to fault, if not more so, than Republicans.

Dummy I am well aware of historic macroeconomic data. I've been looking at it for decades for *****'s sakes.

So what are you arguing?

That high inflation does not matter because there was high inflation at some points before? :cuckoo:
 
Democrats have no plans or policies that would make affordability better, they just whine about prices.

Trump used affordability to get elected
Voters will now hold Republicans accountable
 
Trump used affordability to get elected
Voters will now hold Republicans accountable

Especially since Trump's tarriffs are inflationary and everyone knows it aside from a few braindead cultists.
 
15th post
I would say that it began with Clinton policies and has been worsened by the policies of every President since. The only public policy decision is which party benefits or is hurt by whatever it is they are undertaking at the moment. damn be the other consequences.
 
Trump used affordability to get elected
Voters will now hold Republicans accountable
No. Trump used a litany of democrat policies that are still 80/20 issues with democrats on the 20 side to get elected, the biggest of those being that Kamala was simply unelectable.
 
Impact of the Biden Administration's Policies

The question of how much the Biden administration's policies contributed to inflation is a subject of debate among economists, who differ on the precise magnitude:
  • Significant Contributor View: Some research, such as a study by MIT scholars, suggests that federal spending was the most significant driver, attributing as much as 42% of inflation through February 2022 to government spending. The $1.9 trillion American Rescue Plan, enacted in March 2021, injected substantial demand into the economy when supply was already constrained, which critics argue "lit the fuse" of the inflationary surge.
  • Minor Contributor View: Other economists argue that the Biden administration's policies were only a minor factor compared to global events like the pandemic and the war in Ukraine. They point out that inflation was a global phenomenon, and other wealthy countries experienced comparable jumps without similar levels of U.S. stimulus.
  • Consensus: The general consensus among economists is that the policies contributed to the problem by stimulating consumer demand, but they were not the sole cause. The precise amount is difficult to isolate, with estimates of the American Rescue Plan's impact on the overall inflation rate ranging from an additional two to four percentage points.
Those are the two opposing views but if you go ahead and use the figures given by the right (of it being 42% Biden contributing to inflation), that would still ONLY mean that of the high of 9% inflation, 42% of that would be an 3.8% inflation addition due to Biden.

Thats a one sided analysis that doesn't have the context of Trump policy contribution.

Trump's new spending was way higher than Biden's, so obviously if we blame inflation on fiscal policy then he is clearly the worst offender, especially considering that inflation started exploding well before Biden's additional spending actually had a chance to get into economy.

trump-biden%20fig%201.png.webp
 
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