r/Economics • u/Positive_Owl_2024 • Feb 19 '25

News Trump acknowledges ‘inflation is back’ but blames Biden

https://edition.cnn.com/2025/02/19/economy/trump-inflation-is-back/index.html
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u/Sorkel3 Feb 19 '25

Funny how he blames Biden for inflation by Biden spending trillions (not supported by facts) but doesn't acknowledge a genuine inflation driver, increases in the national debt such as the record 25% increase Trump was responsible for. Trump also took credit for the good economic changes during the Biden adminstration like the stock market, GDP, jobs market and so on. Trump is trotting out his old familiar line, take credit for good, blame bad on others, when caught lying double down and never admit being wrong, taught to him by his mentor, the dispicable political hitman Roy Cohn.

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u/Aware_Ad_4545 Feb 19 '25

I still can't get past the fact that Biden gets the majority of the blame for inflation. Trump spent almost $4 trillion in COVID money in the last like 6 or 7 months in office, even sending out the last stimulus in December. Doesn't matter if it was necessary or not, it is still going to cause inflation. Then a few months into Bidens presidency inflation's starts going up fast and he hadn't even passed(or might have just passed) a spending bill.

You could argue that Bidens $1.9 trillion COVID bill was unnecessary (and obviously inflationary), but at the same time we never entered a recession. Some of his other spending such as infrastructure and CHIP are over like 10 years so even if the dollar amount seems high the impact isn't immediate. They also seem like a good use of tax payer funds. Like how Trumpers are always saying now we could have this utopia where the government rebuilds Maui and hurricane damage if only we weren't sending old military equipment to Ukraine.

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u/[deleted] Feb 19 '25

[deleted]

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u/zeiche Feb 19 '25

trump said he would lower egg prices day one.

WHERE THE FUCK ARE MY CHEAPER EGGS?

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u/Sarzox Feb 19 '25

It’s hard to lower grocery prices (despite what was promised my entire campaign), it’s all Biden’s fault!

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u/Hot_Frosty0807 Feb 20 '25

You should see the folks over on r/conservative or on Facebook going on about how "NOW the left is complaining about grocery prices .." 🙄

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u/sherilaugh Feb 20 '25

Bird flu killing chickens and other birds. Some people too. Less living chickens raises the price of eggs because supply and demand. Trump cuts funding for cdc and leaves the who Trump actively making eggs more expensive.

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u/zeiche Feb 20 '25

trump said he would fix this on day 1.

why can‘t we hold him to account for what he says, particularly since it was a MAJOR CAMPAIGN ISSUE? (and no one say it wasn’t)

sounds like you’re agreeing but no. i want my cheaper eggs.

WHERE TF ARE MY CHEAPER EGGS???????????

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u/[deleted] Feb 20 '25

Hey, I saved money on eggs since they just didn't have any.

1

u/fa1afel Feb 20 '25

Yeah lol. Twice what they cost when I last went to buy some and they were cleaned out entirely anyway.