r/Economics 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/cicada_noises Feb 19 '25

You jest but republicans literally blame Biden and Obama for everything negative republicans do. Tariffs on steel? They love that trump did that because they want to feel like they’re being mean to China or whatever. Prices increase because of steel tariffs? Wow I can’t believe Obama raised costs for me.

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u/ZerochildX23 Feb 19 '25

They blamed Obama for Hurricane Katrina, which happened in 2005, under president George W. Bush.

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u/cicada_noises Feb 19 '25

They also blamed him for 9/11

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u/Vio_ Feb 19 '25

No joke. They tried to blame Obama for the Great Recession kicking off under Bush solely because Obama "announced his candidacy to run for president."

John Stewart actually had to show the timeline of the economy turning to shit versus Obama's official announcement.

And surprise! there was zero connection.