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124 points harambae | 5 comments | | HN request time: 0.001s | source
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rokkamokka ◴[] No.44461980[source]
Strike dollar from the title and it'll still be true...
replies(3): >>44462152 #>>44462305 #>>44462537 #
1. 0xy ◴[] No.44462305[source]
The inflation of 2021-24 was a biblical disaster for the working class, and it's nowhere near as bad now. I'd say that makes 2025 a marked improvement from the economic disaster of the last 4 years, and which was backed up in every political poll (economy was issue 1).
replies(1): >>44465378 #
2. mindslight ◴[] No.44465378[source]
The monetary inflation dump in Trump's previous term was early 2020, which then took time to work through asset prices and into consumer prices. So yes the next few years are going to be worse, as the effects of the terrible policies really set in. And unlike last time, we won't have leadership at the helm who might even try pulling up until 2027. And that's assuming enough Americans get their heads on straight to vote out the congress currently rubber stamping this wanton destruction.
replies(1): >>44473652 #
3. jaybrendansmith ◴[] No.44473652[source]
Yup. And again we conveniently ignore that the prior inflation was a textbook supply shock caused by COVID, and that the US response to it was quite better than the rest of the world. The difference here is the current and pending inflation will be caused by tariffs, and be a compete self-own by the current clown show.
replies(1): >>44473924 #
4. mindslight ◴[] No.44473924{3}[source]
Supply shock exacerbated by trillions of dollars in helicopter money across all levels of society. A good chunk of that was a self-own too, except for voters with the attention span of a gnat and no ability to grok economics ended up blaming the next administration.
replies(1): >>44481182 #
5. jaybrendansmith ◴[] No.44481182{4}[source]
Not accurate. US handled the supply shock inflation quite a bit better than everybody else. The trillions was enough to keep the economy afloat, and did not contribute to the inflation. There are charts you can look up. As far as the 'self own' ... I don't think most realize how powerful the propaganda arm is at this point. It is truly a firehose of bullshit and lies.