Trump Desperately Tries to Blame Anyone but Himself for Inflation WHY YES, THAT IS HIS M.O.
Donald Trump still doesn’t appear to have a plan to bring food prices down.
Last week, White House press secretary Karoline Leavitt told reporters that the Trump administration doesn’t “have a timeline” for alleviating the nation’s critically high cost of living.
OF COURSE, he does not have a timeline.....because breaking things is the solution...he thinks. NO BUSINESS PLAN IN PLACE, EXCEPT TARIFFS, WHICH OF COURSE WILL INCREASE COSTS TO THE CONSUMER...AND POWELL IS NOT HIS BESTIE,SO GUESS WHAT? U WILL CONTINUE TO SEE THE CONSUMER FALL FURTHER AND FURTHER INTO DEBT AND C.C. WILL CONTINUE TO BE HI DOLLAR BALANCE.
CAN U SAY RECESSION, IN SAY OH ABOUT .SEVERAL MONTHS.....WAIT FOR IT.....( u think I'm blowing smoke,but everything is LINING OUT TO A DEVASTATING YEAR, IN INCREMENTS...U JUST HAVE TO CONNECT THE DOTS.)
You think you have all this great ammunition… you have no idea that you are just handing us ammunition that we will use on you later. Keep it coming, I have plenty of space to store it.
The left is angry because they are now being judged by the content of their character and not by the color of their skin.
During Covid, the nation got into the bad habit of spending trillions more than we were taking in. This created inflation.
Team Biden continued those free money policies thinking it could buy them reelection. It just brought massive inflation, high interest rates and homelessness.
And the American people saw through it.
We need to stop providing free medical care and defense spending for the entire world. Just cutting this spending will decrease inflation, but it will take about six months or more to see any gains.
Thomas Sowell: There are no solutions, just trade-offs.
Friday News Dump: Elon Musk says DOGE plans to cut 8 to 10,000 IRS employees next week. Also cut 8% from the Defense Department budget.
When you aren't celebrating LGBT, Black History Month, Asisn American month, Pacific Islanders month, and MLK Day, the savings jump right out.
Plus don't have to fund medical services for Trans people.
Thomas Sowell: There are no solutions, just trade-offs.
Oops, new Pentagon expense just revealed: those in the military who lost their jobs for refusing to get a Covid-19 jab will get reinstated to the service and receive backpay! That will be a big hit on the budget.
Thomas Sowell: There are no solutions, just trade-offs.
HA's taxpayer USAID sources use a double standard.
Senile hospice patient Joe Biden. A career politician isn't responsible at all for inflation despite him spending 1.4 trillion dollars more than the nation took in.
Meanwhile Donald Trump who hasn't even been in office one hundred days is expected to lower the price of eggs. After Biden's CDC has been killing tens of millions of chickens.
The Fix Is In Again How many Democrat bureaucrats and judges are going to do whatever they can to keep the excess spending going so Donald won't be allowed to tackle inflation?
Thomas Sowell: There are no solutions, just trade-offs.
''The Fix Is In Again How many Democrat bureaucrats and judges are going to do whatever they can to keep the excess spending going so Donald won't be allowed to tackle inflation? ''
oh , let's see.....TACKLE INFLATION,TRY NOT IMPOSING MASSIVE AND MESSY TARIFFS ON ALL THINGS COMING INTO AMERICA......tariffs when done correctly r useful And needed, when u OVERTURN THE GLOBAL EQUATION WITH YOUR ILL THOUGHT-OUT PLAN U WILL BRING ON INFLATION....THE CONSUMER WILL , IN THE END, BE THE ULTIMATE LOSER....U THINK C.C. DEBIT IS EXPANDING? wait a few months.....down the drain IN debt.....IT IS SO APPARENT,BUT THE MAGA DOES NOT GET BASIC ECONOMIC PREMISE. HOW VERY SAD.....u were warned.
As government workers lose they "make work" jobs, spending will decline. Savings will rise. Inflation will be felled.
With Carter Inflation was crazy. 12% mortgages. It took two years of tough love under Reagan to get interest rates under control. Don't expect overnight success after six years of reckless spending.
Thomas Sowell: There are no solutions, just trade-offs.
As government workers lose they "make work" jobs, spending will decline. Savings will rise. Inflation will be felled.
FRED....in your dreams...according to bloomberg...the cc. debt is the highest it;s been in years and the savings that would have been stashed away..is NOW BEING USED TO BRING DOWN THE C.C. BALANCE.....in the past, consumerism reigned, buying lots of crap from TEMU, for one and Walmart for another and c.c. reigned supreme for method of payment (after all,u just swipe and like magic u have
another gotta have item)...NOW, IN REAL TIME, C.C. IS BEING USED AS A LOAN VEHICLE TO PAY FOR ESSENTIALS, LIKE GROCERIES,GAS,SCHOOL SUPPLIES AND BACK TO SCHOOL CLOTHING.,ELECTRICITY,CELL PHONE......THERE IS NOTHING LEFT FOR SAVINGS....but then, u would know that if u followed the financial health of the average Joe blow. ......AGAIN unicorn universe
is present.
"Only one paycheck" away. I have heard this for decades. Yet somehow American tourists have overcrowded Europe. Car prices are at record highs. Rents are at record highs. House prices keep climbing despite loans being at 7%.
Last year, tens of millions of Americans traveled across state lines to witness a 15 minute eclipse.
Maybe Americans just like to pretend they are broke.
Thomas Sowell: There are no solutions, just trade-offs.