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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: golfer72 who wrote (1576494)12/11/2025 4:30:41 PM
From: Bill1 Recommendation

Recommended By
longz

  Read Replies (1) | Respond to of 1577091
 
Inflation's effect on prices is cumulative. When there's a big jump from 2 to 9 for example, people are faced with permanent high prices. Food prices jumped 40%+ under Biden. For Trump to have any meaningful correction of Biden's destruction, there would have to be price deflation from current levels. And that isn't happening. And his tariffs make it even harder.



To: golfer72 who wrote (1576494)12/11/2025 8:02:19 PM
From: i-node2 Recommendations

Recommended By
Bonefish
longz

  Read Replies (2) | Respond to of 1577091
 
>> He took office Jan 2025 with inflation ( per the chart) at 3%. Thats exactly where it was May 2023 with Slo Joe in office. And its where it sits now. Just sayin

1-3% inflation is considered normal in the study of economics. However, 2% is usually considered ideal.

Biden got up to 8-9% which the brink of disaster. If you recall, Carter peaked at around 15%, so Biden was over halfway there.

Carter taught me that the worst thing that can happen to an economy is inflation. Biden brought a ton of it. We might easily have gone the other way due to the incompetence of his mismanagement.