So you give the arsonist credit for setting the house on fire and then having it end up higher than when Trump left office.
So he gets credit for reducing it 40% from his 100% increase
NY REASONING I think
There was a statement you made that is so true. I will add my thoughts to it.
@baltimorened You said once prices rise it's really hard to come back down to the previous level. 100% true, Biden in m y opinion drove prices up along with some unforeseen problems that in fairness he had little control over. To drive prices back down take supply side economics which means create a larger supply of product or the inverse destroy demand through a recession or deflationary period which is really painful.
Trump like all politicians used rhetoric and hyperbole on the subject of HOW FAST to get inflation and prices under control. I totally agree with almost every one of his policies and think long term they are the right ones however the average American is not rocket scientist when understanding the lead and lag time that are needed to produced results.
To make this simple think in terms you want cornbread. It does not magically appear. You have to start with the field, go through the planting raising and harvesting process and then the cooking process and then the cornbread is on the table. That is where the Trump agenda and economy is at working through the steps.
Go back to how the US government and legislature runs. You worked government so you know the budget is lagging and not leading. We still don't have the 2026 budget which will be Trump's and still working off 2025 budget numbers which are the Biden 2025 Congress numbers, Trump's impact will not be felt significantly until sometime mid-summer in my opinion. To further point out the lagging effect is that many of the Trump appointees are still waiting to be confirmed by the Senate due to stalling which is the way politics work.
So here is the Trump and Republican problem as I see it. Inflation has been driven far higher that the 21% in the area that affects Americans the most. At the kitchen table. I was working with some grocery stores on trying to fix some food desserts and heard a really distressing thought by groceries. Since COVID the grocery store have pushed prices up even when it was not justified. The fellow I was working with said the typical grocery stores were jacking the prices. Trump as a huge problem with prices are sticky and his policies make long term sense but in the short run needs to be calibrated to help with this bloated pricing model.
I also believe that a significant portion of the stubborn high food cost are a direct result of letting in 12-20 million people and then feeding them with government largesse through NGO's which charged god awful fees to shelter and feed these illegals. Simply said demand side was increased, and price rose following this demand.
I also believe small contributors to the cost stickiness was the government shutdown and the TDS impact of people wanting to be uncivil.
Additionally the laws in many states now have it where grocery suppliers might see a shoplifter but fail to do anything as the laws are so lenient the store owner gives up, Saw on camera this week people shoplifting foods and when I asked what was the grocery going to do , he said nothing as the stealing is enabled by the laws and judges. So that is a big problem. Not a hearsay as I saw it with my own eyes on CCTV multiple people stealing foods.
The deportations will help food prices but again not overnight,
I share the thoughts that the Republicans and Trump although doing a lot of right things have not focused on the one thing that gets folks elected. KITCHEN TABLE POLITICS. In ancient Rome the leaders knew the citizens always had to have bread or there would be unrest.
I am going to sit back and watch the next months as this affordability crisis is going to determine who controls Congress.
