Who Made Life In The U.S. Unaffordable?

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.

Math is Racist!
 
Trump used affordability to get elected

And the boarder. Illegal aliens. Crime. Men beating women up and getting medals for it. Ah, making The Baby Jesus Tax Cuts permanent. Energy. NATO. The whole stupid arab thing. The new American Economy Access Fee. (Tariffs) Right now inflation is 3.0% What are you looking for?
 
Inflation rate right now is 3.0%. When is this nightmare of yours gonna come true? .

3.0% was CPI in September, which was last available data due to shutdown.

It was 2.4% when across the board tariffs were announced in April and it went up every month for 6 months straight.

Next release is December 18th.
 
Trump inherited the Obama contribution, which was built upon the Clinton mess.

There were no inflation problems during, or years after Obama.

Trump was handed a solid economy in 2017 and there were no inflation issues until after Covid shutdowns caused huge global supply and demand imbalance.

I really don’t think you have any clue what you are talking about.
 
It started started with the creation of the Federal Reserve Bank back in the early 1900s. It was exacerbated when we left the Gold Standard and adopted the debt system. The creation of the Fiat Dollar (money created out of thin air) gave way to the devaluation of the dollar and it's buying power. Every Congress and President since Nixon has taken turns abusing the Dollar and has aided in its devaluation. Everyone is fond of signing $Billion & $Trillion dollar spending bills when those $Billions & $Trillions don't even exist.

The current, dismal state of the economy is the result of foolish and irresponsible members of the Swamp Party - both Demicans and Republicrats. No one person is responsible but the collective members of the Elite Oligarchy are responsible.
 
There were no inflation problems during, or years after Obama.

Trump was handed a solid economy in 2017 and there were no inflation issues until after Covid shutdowns caused huge global supply and demand imbalance.

I really don’t think you have any clue what you are talking about.
Once again, the chart at this link shows inflation rates monthly and year average from 2000-2025.
Inflation has been a constant factor, only percentage rate has varied.
Inflation itself accumulates. (Means it keeps adding to the previous amount of increase)
Biden years of 2021-2023 show highest yearly average on the chart.

Would appear English is not your primary language and you flunked math/arithmetic.
 
There were two times when inflation exploded in America.
Jimmy Carter and Joe Biden were the presidents and democrats running the country.
See a pattern
 
There were two times when inflation exploded in America.
Jimmy Carter and Joe Biden were the presidents and democrats running the country.
See a pattern
Inflation in the 70s started with Gerald Ford

Remember WIN?
Whip Inflation Now
 
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.


Basically it was the "Neo-Malthusian" billionaires and trillionaires who got themselves into a position where they could pass a script to Obama, or Trudeau or Biden or Harris, and these leaders tend to obediently read that script for the cameras. They are generally NOT willing to go against BigMedia.


Neo-Malthusianism is the advocacy of human population planning to ensure resources and environmental integrities for current and future human populations as well as for other species.<a href="Malthusianism - Wikipedia"><span>[</span>2<span>]</span></a> In Britain the term "Malthusian" can also refer more specifically to arguments made in favour of family planning, hence organizations such as the Malthusian League.<a href="Malthusianism - Wikipedia"><span>[</span>8<span>]</span></a> Neo-Malthusians differ from Malthus's theories mainly in their support for the use of birth control. Malthus, a devout Christian, believed that "self-control" (i.e., abstinence) was preferable to artificial birth control. He also worried that the effect of contraceptive use would be too powerful in curbing growth; it was commonly believed in the 18th century (including by Malthus) that a steadily growing population remained a necessary factor in the continuing "progress of society", generally. Modern neo-Malthusians are generally more concerned than Malthus with environmental degradation and catastrophic famine than with poverty.

I plead guilty to being biased but I believe that Mr. Bill Gates became the "Poster Boy" for Neo-Malthusians with his lecture "Innovating to zero."

 
Carter was the disaster prime rate 18% stagflation created.


Good points but don't forget how Canada's Prime Minister Pierre E. Trudeau prevented an obvious contrast between what would have happened here in Canada, if Trudeau had not pretty much stopped the usage of the BAnk of Canada?


[Ms. Betty Krawczyk] :

HOW PIERRE TRUDEAU TURNED US INTO DEBT SLAVES
Click on the link above to watch Part 3 of my video series on the Canadian Banking System. Please also read accompanying text below.
Trudeaumania was just gearing up when I immigrated to Canada in late 1966. I, too, was impressed with Trudeau. He was intelligent, articulate, with liberal ideas. And as Prime Minister, Trudeau repatriated the Canadian Constitution and told the morals’ police to stay out of people’s bedrooms. But then…but then. As Anthony’s famous speech in Shakespeare’s play Julius Caesar reminds us… “the evil that men do live after them while the good is often interred with their bones. So let it be with Caesar.”

But somehow this worked backward for Trudeau. Many Canadians still think highly of Pierre Trudeau, but in 1974 he did one terrible thing that changed the lives, for present and future, of all Canadians, for the worse. Trudeau gave the leading operations of the Bank of Canada over to the private banks operating in Canada.

The Bank of Canada was first established by Prime Minister Richard Bennet in 1935 as a private central bank, but was then nationalized by William Lyon Mackenzie King in 1938. By nationalizing the bank, Mackenzie King meant for it to belong to the people so the Canadian government could borrow funds with little or no interest for capital expenditures. The mandate of the newly nationalized Bank of Canada was to act as the banker to the government and to manage the public debt. As Mackenzie King famously said: “Once a nation parts with the control of their currency and credit, it matters not who makes that nation’s laws. Usury, once in control, will wreck any nation. Until the control of the issue of currency and credit is restored to government and recognized as its most sacred responsibility, all talk of sovereignty of parliament and of democracy is idle and futile.”

So the Bank of Canada was nationalized in 1938 and the government could now borrow money with little or no interest. And it worked. The Canadian government built freeways, public transportation systems, subway line, airports, the St. Lawrence Seaway and funded a national health care system and the Canada Pension Plan. But then Trudeau, under the influence of the international financial group called Basel’s
Committee’s Recommendations (The Basel Committee on Banking Supervision) made the decision to halt the borrowing of money from the Bank of Canada, and instead, chose to borrow from the private banks who instead of lending to the government at no interest, or low interest, introduced higher interest rates along with compound interest.


All banks know very well the magic of compound interest. And Pierre Trudeau must have known that the mounting compounded national debt would lead to Canadians eventually owing a dollar fifty for every dollar of their disposable incomes. After all, he studied economics at the London School of Economics. Surely the professors there knew about compound interest.

So Pierre Trudeau, instead of feeling blessed that Canada, unlike the US, had a nationalized central bank, signed our bank away to the private banks. Couldn’t Trudeau, such an educated man, surmise that citizens in a few years would be struggling to make car payments and meet rent and mortgages and student loans and to buy healthy food while last year’s profits for the big five (that’s Royal Bank, TD Bank, Scotiabank, Bank of Montreal and CIBC amounted to $31.7 billion?) If he did, he didn’t care. But it doesn’t have to be this way. It really doesn’t. Our Bank of
Canada is still there. Next time." (Ms. Betty Krawczyk)


So WHY would Prime Minister Pierre E. TRudeau make such a terrible "error?"


My guess is that the people who convinced P. M. Pierre E. Trudeau to set in motion this graph:


canada-public-debt.jpg



Did not want the national debt of Canada to grow at a rate that could have been a FRACTION of the growth of the national debt of the USA!


us-public-debt-graphic.jpg
 
Once again, the chart at this link shows inflation rates monthly and year average from 2000-2025.
Inflation has been a constant factor, only percentage rate has varied.

giphy.gif


2% inflation is considered IDEAL for economy and is generally target rate Federal reserve aims for.

Inflation is not some dirty word, EXCESSIVE INFLATION is the problem, which is what is being discussed in the thread while you don't even seem to understand these bare basics.

In your link inflation numbers in Obama's second term into Trump's first term are LOW inflation numbers.
 
Last edited:
15th post
Carter was the disaster prime rate 18% stagflation created.

It was such a disaster that...Reagan kept the same monetary policy course under same Fed Chaiman named Paul Walker.
 
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.

Biden and the Democrats.
 
It started started with the creation of the Federal Reserve Bank back in the early 1900s. It was exacerbated when we left the Gold Standard and adopted the debt system. The creation of the Fiat Dollar (money created out of thin air) gave way to the devaluation of the dollar and it's buying power. Every Congress and President since Nixon has taken turns abusing the Dollar and has aided in its devaluation. Everyone is fond of signing $Billion & $Trillion dollar spending bills when those $Billions & $Trillions don't even exist.

The current, dismal state of the economy is the result of foolish and irresponsible members of the Swamp Party - both Demicans and Republicrats. No one person is responsible but the collective members of the Elite Oligarchy are responsible.
At Last,..... The Truth is told!!! :yes_text12:
 
Back
Top Bottom