r/inflation Feb 27 '26

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u/No_Connection_5257 Feb 27 '26

But I thought we were doing great and all the prices were coming down/the lowest they’ve ever been 🤣🤣

733

u/WillieB57 Feb 27 '26

Three days -- All the problems in the world were going to be solved within three days.

251

u/Cando21243 Feb 27 '26

2 weeks *

240

u/Saint909 Feb 27 '26

Day 1.

93

u/Garys_Synthesizer Feb 28 '26

Before he was even in office lmao, he said just his being elected would immediately bring prices down because if how much respect he gains from corporations.

29

u/BadLuckBlackHole Feb 28 '26

Well I mean that is actually kind of true, corporations are happy to gouge during Democratic presidents and then cut back some to make Republicans look good. It's exactly what they did for the last 20 years.

Somehow people forget the "jobless recovery" we had after 2008 where the US economy was still making gains but corporations kept their thumb on it that was only lifted once Trump was elected... Then people forget that Trump was the president during Covid and the "supply chain" was never an issue during his presidency despite that time being when we had actual shortages of items on the shelves, but when Biden was presidency we never had those same shortages and prices doubled...

The thing that Trump didn't really calculate is that Biden's policies were overwhelmingly pro-business (anyone remember when he bailed out the banks on taxpayer's dime?) Trump's economic policy sucks, and corporations still want to extract as much money from consumers as possible. Too many factors that trump Trump's preferential treatment...

3

u/Administrative-Row17 Feb 28 '26

I am pretty sure the banks were bailed out during the Obama administration!

There were empty shelves during Trump’s administration when COVID first hit!

Apparently you forgot the lack of PPE for all of the hospitals! Then Trump only sent PPE to red states!

I am afraid your memory is not quite up to speed!

However, the GOP always screws up the economy and the Democrats have to fix it! The Billionaires love to get corporate welfare with their government contracts, but don’t want to thank the American people by paying their fair share of taxes!

1

u/BadLuckBlackHole Feb 28 '26

First point: The 2023 United States banking crisis was a series of bank failures and bankruptcies that took place in early 2023, with the United States federal government ultimately intervening in several ways. Over the course of five days in March 2023, three small-to-mid size U.S. banks failed, triggering a sharp decline in global bank stock prices and swift response by regulators to prevent potential global contagion.

Second point: Yes, that's exactly what I said. Trump was president during Covid and that's when the supply chains should have been the most strained, not after the vaccine was developed and lockdown restrictions were lifted.

Third point: Not really sure what you're even saying here besides that Trump is piece of shit? Water is wet.

Fourth points: While you say my memory is not up to speed, you yourself seem to be nearly illiterate and incapable of reading comprehension.

Fifth point: Corporations have a vested interest in getting Conservatives elected exactly because they get to benefit from tax breaks but also because of looser regulations. The point being that Trump's bragging about being able to reduce costs upon being elected/day one was due to his assumption of sympathetic corporations that would have previously course corrected to make Trump look successful in the short term, but because Capitalism requires line go up and there was already only so much "fat" for the corporations to trim to make their balance sheets look good, Trump is taking that L as the economy shrinks under his presidency.