It’s been discussed ad nauseum.Ok. This is easy. Back in 2020, there was a massive supply chain crunch and global pandemic that kicked off a wave of inflation starting in 2020 and running up to 2022. Prices rose steadily from the inflationary pressure. The inflation rate fell steadily after 2022 down to 2.4% in 2024 and prices remained steady after that. Trump gained office with the promise of reducing grocery prices (somehow.....), America first/world peace, and justice for the Epstein victims, among other things.
Trump was elected, imposed tariffs that drove up prices. started wars that drove up prices, and the inflation rate has also risen to 4.2% along with a surge in price increases. Prices are higher now than they were in 2024 or 2022. Hope that helps.
Is this trending the right way?
- May 2026: 4.20%
- April 2026: 3.80%
- March 2026: 3.30%
- February 2026: 2.40%
- January 2026: 2.40%
IMO, democrats got punished for not taking inflation seriously. They tried to pass BBB when inflation was over 6%. They were stymied only by Manchin.
Additionally, a large part of the reason inflation trended lower before the election was due to releasing oil from the SPR to keep prices gas low, and Americans saw right through it. Joe was responsible for those gas pump stickers, we didn’t forget.
Democrats green policies and social programs are highly inflationary.
MAGA’s run the same risk of being tone deaf on inflation, but oil is back to $73 as we speak. Inflation is going to tank if oil stays sub $75
Trump read the room correctly, there was no public appetite to continue the war.