Inflation from Jan 2023 to Jan 2024 was 3.1% according to the CPI. The target is 3%
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Mickey7@lemmy.world 11 months agoHope you are enjoying inflation and a wide open border
Estiar@sh.itjust.works 11 months ago
Mickey7@lemmy.world 11 months ago
You are taking for granted the huge rise in inflation from when biden started his unnecessary spending to January 2023. Yes the RATE of inflation may have slowed down but that doesn’t address the huge increases in everything that we currently have. We can discuss “figures” and “graphs” all we want but anyone being honest knows that under the policies of Trump there was never any noticeable inflation. Yes there was inflation but not like now. I am still amazed how the biden regime was able to pass a Bill that they sold as “we have to have more wasteful spending to stop inflation”
Estiar@sh.itjust.works 11 months ago
I thought all that money came from the COVID relief bills in 2020. That was when stimulus checks and Paycheck Protection Loans were given out to everyone adding a whole bunch of extra liquidity that went to business interests.
Not all of this can be blamed on Biden, especially since his spending was into infrastructure and tech. Granted infrastructure can only get you so far, (see China) but it’s likely going to be better aimed than thousand dollar checks
This might be a case where we need to rethink fiscal policy across both sides of the isle. I don’t think either party is interested in such a measure. That leaves fiscal conservatives SOL when it comes to long term finances.
Mickey7@lemmy.world 11 months ago
Totally agree that though not as bad as Democrats, Republicans also suck when spending our money. I live in a RED conservative state and I can tell you that the covid relief stuff was all bullshit. For the few months that I was forced to stay home due to covid restriction nonsense I got paid MORE than what I normally earned. Infrastructure? Have you seen any real road or rail improvements where you live? Were there any infrastructure improvements that make you good with what you know have to pay to buy stuff, even basic food items. Billions went to big Pharma for a vax that few needed simply because Big Pharma funneled a good portion of those government checks back into the campaigns of the clowns in our government. Politics is not black and white. It is grey. People who want to stay in Power and they have no problem fucking us to do it. Overall I think conservative policies yield the best results for everyone. But that doesn’t mean that I support every Republican
wintermute_oregon@lemm.ee 11 months ago
By business interest you mean employees. People don’t see to understand ppp mainly went to pay employees. For some reason democrats think it went to rich people to buy yachts.
wintermute_oregon@lemm.ee 11 months ago
The problem is the inflation adds. When you add it all tougher it’s a rapid price increase in a short period of time. That’s here to stay.
Nurgle@lemmy.world 11 months ago
You all literally scuttled a bipartisan border bill two weeks ago for political points. Talking about wanting to eat your cake and have it too.
Mickey7@lemmy.world 11 months ago
Did you read the border bill? Want to end the border nonsense? Just as under Trump if you want to file for Asylum you have to do it outside the border. You only gain entry after you are judged to have a legit asylum claim, which 99% do not. this is just another issue where a guy is hitting you over the head with a stick. You tell him to stop and he points at Trump and tells you it’s his fault. Then continues to hit you with the stick. And sadly too many are fine voting for people and policies that get them constantly fucked by those they vote for
Fapper_McFapper@lemmy.world 11 months ago
Republicans literally turned away a once in a lifetime border bill that would have granted republicans everything they wanted and then some. Did YOU read the bill?
Mickey7@lemmy.world 11 months ago
Yes I read the bill. Only it did was lower the amount of Illegal Aliens allowed to enter on any specific day. Anyone concerned about the border with thousands of people who have zero legitimate case for asylum being allowed, would be crazy to vote for it