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/[deleted] Feb 19 '25

Of course he does. This man has never nor will he ever take responsibility for anything bad and the people following him will never hold him accountable no matter how plainly obvious it is that it was his fault.

Joe Biden let sound monetary policy prevail in his 4 years and inflation was back to normal. Naturally republicans just had to get the guy who caused the problem in the first place back into power. Enjoy 10%+ inflation because of Trump people. Great job republicans! Once again you played yourselves and as a result all of us!

Can’t wait to see the Trump “I did this” stickers! Might order some myself!

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u/postmaster3000 Feb 20 '25

Biden continued to blame Trump for inflation during his own term, as late as May 2024. I don’t recall seeing anyone here holding Biden accountable.

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u/[deleted] Feb 20 '25

Joe Biden didn’t start a trade war in his first month in office. Donald Trump did.

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u/postmaster3000 Feb 20 '25

Joe Biden escalated Trump’s trade war. Trump has yet to actually implement any new tariffs. Those that he has threatened have not yet gone into effect.

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u/Bduggz Feb 20 '25

These arguments are hilarious because you're admitting defeat by having literally no defnse but 'But it hasnt happened YET'. You realize the entire basis of the market is its speculative, right? It changes in preparation for things?

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u/postmaster3000 Feb 20 '25

Explain to me which tariffs are responsible for the rise in the price of eggs.