Inflation increased more than expected in January as prices heated up for Americans
- Thread starter cigaretteman
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Lower government spending will help bring down inflation.
When the government wants to stimulate the economy, they increase spending. When you want to bring down inflation, the government reduces spending. It's hard to figure out whey D's can't see this.
The D's have been stimulated an economy that has inflation, leading to deficit spending and additional inflation.
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so...theoretically
if under a president we saw a huge, dramatic spike in government spending and then a huge dramatic spike in inflation about a year later, it would be reasonable to hold the president who signed off on the huge spike in government spending to account for the huge spike in inflation?
That would depend upon why we saw a spike in spending. If governors shut down the economy and there was no choice but to increase spending temporarily, we probably wouldn't see inflation. However, if spending remained elevated, you would likely see inflation.
And that is exactly what happened. The D's used covid as an excuse for ramping up spending (from historic levels), which led to inflation.
It's all about supply and demand. We had too much money chasing too few goods. And the best way to reduce inflation is to reduce government spending to at, or below historic levels.
If manufacturing ticks up in the U.S., the best thing we can do is further cut government spending, to further contain inflation. In the U.S. we don't need high deficit spending to have a strong economy.
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Truly the dumbest mf’er to occupy the White House.
I love how he “Truths” and 30 minutes later the CPI for January comes out.
I love how he “Truths” and 30 minutes later the CPI for January comes out.
Any of you that want to try & argue that Trump is having even a remote impact on inflation in the context of $37T of debt should be disqualified from future opinions regarding basically any economic topic.
Anyone who thinks Trump had anything to do with January numbers is a complete moron.
I don't have any horse in this race but you all can't be that stupid to not know this is coming from the former administration correct?
Damn there is some real stupidity out there.
I don't have any horse in this race but you all can't be that stupid to not know this is coming from the former administration correct?
Damn there is some real stupidity out there.
Well. Let me know when Trump takes responsibility for….well…anything that’s the least bit negative.
It will be the first time.
Remember Nikki Haley's factual comment about year ago?
Largest increase came under whomever was President between 2017-2021.
i knew it...
the 2/3 of covid spending bills (which included the highest year of deficit spending in us history) that trump signed weren't the problem
it was the last 1/3 covid spending bills, that biden signed, those were the problem
makes perfect sense
The numpties will eat that shit up with a spoon and a sponge.I am shocked - SHOCKED - by this.
Now seems like a great time to increase the cost of goods coming into the US. That will kill inflation. Fight fire with fire!
Don't forget that the only holdup to that very first relief check going to citizens was getting them reprinted so Trump's name was on the check.
when has any politician ever done that? Answer:zero!
Like i said I don't have a horse but blaming a new president on high inflation numbers 3 weeks into his administration is completely idiotic. Be smarter people.
And why did he sign those spending bills?
Because people were under a stay at home order & precluded from working. Who was the primary driver of those orders?
I am shocked - SHOCKED - by this.
This will be posted again in 3 years when inflation reaches double digits.
I think it’s fair to criticize Trump - even three weeks in - about what he’s going to do about inflation. So far, implementing tariffs and demanding that the Fed lower rates would only accelerate inflation.
Plus: most of us are giving Trump shit because it’s what gets his - and his followers - panties in a twist. The guy is a world class dimwit who couldn’t lead a charge out of a paper bag.
You can't tell people they can't work or leave their house without handing them money.
So we did. And the DEBT skyrocketed.
Hopefully we don't have to go through that again.
which i even understand the point
what i don't understand is - if you're saying fauci's stay at home "guidance" (he has no authority to issue orders, nor was anyone ordered to stay at home) that caused the spending - how did it then become "bidenflation"
i mean...i understand that was just a political/campaign talking point...but you know what I'm saying
How, exactly?
Is this like addressing a golf ball where you stand still and do absolutely nothing?
and the debt has continued to skyrocket, meanwhile inflation has come back down to normal levels
which makes it hard to argue that "debt" causes inflation
Give Rico a break.
He paid $69/share for his Trump stock and his boyfriend is so pissed that they're still not speaking.
Car prices are set to explode? That's odd, steel prices are flat:
Steel - Price - Chart - Historical Data - News
Steel decreased 69 Yuan/MT or 2.08% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Steel - values, historical data, forecasts and news - updated on February of 2025.tradingeconomics.com
You linked a chart for steel rebar while talking about car prices? LOL. Here's a better link for domestic steel prices:
The hot rolled CRU was hovering around 800 before the 25% tariffs were announced, then they shot up ~%8 overnight. They are expected to keep rising. Alcoa, US Steel, etc were the winners here. The losers will be any manufacturing/construction company that uses metal, along with the American consumers.
You realize the election was in November, correct?
This stuff was known the minute Turd was elected.
Accept responsibility.
