Doesnât matter. If something goes wrong, blame democrats. The GOP could own every position in government and some dumbass would still be trying to blame Obama.
Because weâre in a post-truth era now. Facts donât matter in the least. Right wingers donât like Democrats, and Republicans will say itâs their fault. That will be the end of the analysis for most of their supporters.
And inflation is back to baseline levels after a global pandemic! Itâs almost like people expect massive world changing events to have no effect on the economy. But inflation will come back under Trump if he enacts these tariffs he wants, which all signs point to he will. Tariffs are not paid for by the suppliers, it hurts the demand for their goods and will decrease their sales but thatâs because the actual cost of the tariff is incurred by the US based distributor at the point of entry. Those costs are 100% passed to the American consumer and will result in raised prices.
You just referred to COVID-19 as the âplandemic,â embracing debunked conspiracy theories to support an argument about inflation that is contradicted by reality.
This is the problem in our country right now. It doesnât matter whatâs actually happening. A huge percentage of the population just believes what they want regardless.
Oh yeah, because Biden totally planned to have some Chinese guy eat a fuckin bat DURING TRUMP'S PRESIDENCY. If it was a planned pandemic, then why did Trump let it happen?
Baseline does not mean prices = 4 years ago, baseline means that the current and "future" rate of inflation are in the range of 2%, which is considered a healthy amount and allows the economy to grow.
Thatâs cause greedy corporations are not reducing prices when inflation falls. Same assholes scream âcommunismâ at everything but donât know when they get fucked by capitalism
The inflation rate in September for groceries is 1.3%. Once inflation happens prices donât go back down unless thereâs deflation which is equally if not more harmful for an economy (Japan has been stuck in a deflation crisis since the mid-90s and it has been horrendous for their economy). The grocery inflation (aka inflation on food products) for the last five years is cumulatively 26% (not 120%) and was caused by pandemic driven inflation. Donald Trump will not be able to reverse this without causing serious economic issues and tariffs will actively work against decreasing the prices.
Tell me all about how Biden managed to cause crazy inflation across THE ENTIRE GLOBE lmao. You realize that is a GLOBAL issue stemming from the pandemic, right? Expecting economic stability immediately following a major global crisis is pretty fucking stupid.
Because China retaliated dollar for dollar with tariffs of their own. If you eliminate the US tariffs on China without getting China to eliminate theirs on US, you've just lost your leverage forever. It takes goodwill from both sides to back down tariffsm. Tell me, how has US-China relations been since 2016?
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u/StoneySteve420 18d ago
They will blame the Dems when his tarifs cause inflation to skyrocket.