simple , accurate and easy to understand

There's nothing wrong with that. . .cheating and being sore loser on the other hand. . .

Can you provide me with the precise % prices went up per president. Because that is very important data to have when you are presenting a case like that.

😆 exactly, as if prices went up 10 cents is comparable to them going up a dollar and ignoring the difference is honest.

They live life unaware of context being led by emotions

Cool story bro. 👍

The OP: "under trump everything cost less"

Is that honest?

Yes, it’s a fact and because inflation was low prices rose less than under Biden.

It's not a fact compared to Obama.

And that’s why iOP is about the current president. Note the picture of Biden.

And that's why I posted what I posted.

Looking back at former presidents, things always cost less. So it's basically a meaningless statement.

“ Also are we just going to ignore the context of the pandemic when it comes to inflation..? Going into it inflation went down and coming out it went up..”

Going into the pandemic no one knew there would be a pandemic so if inflation was going down leading up to it it had nothing to do with the pandemic. You also seem to ignore the previous 3 years. You seem to be ignoring any influence by presidential policy on inflation, as if that has no bearing on the numbers. Good policy creates good numbers: Bidens policy is bad.

As far as policy (assuming you mean monetary) , spending began skyrocketing under trump and has subsided under Joe Biden.

"IF inflation was going down leading up to it it had nothing to do with the pandemic. "

That would be a good argument if it were true.

2019 Nov 2.1%
2019 Dec 2.3%
2020 Jan 2.5 %
2020 Feb 2.3 %
- March 11 covid outbreak declared a pandemic by WHO -
2020 March 1.5%
2020 April 0.3%
2020 May 0.1%

[U.S. BLS ]

"You also seem to ignore the previous 3 years. "

Am I ?? The previous 3 years inflation was more or less stable averaging slightly above 2%... Then the pandemic hit and it crashed..... and then skyrocketed coming out of it.

“K.. um... I am not sure what that even means.(?)”

It means that Biden surpassed the 2% target and Trump didn’t. So accounting for the “expected” 2% Trump stayed under and Biden didn’t.

And even if inflation had not surpassed the target of 2% under Biden, things would still have generally cost less under trump... And less under Obama than trump... And less under Bush than Obama... That's my point.

Also are we just going to ignore the context of the pandemic when it comes to inflation..? Going into it inflation went down and coming out it went up.... as did jobs.

The right seems to want to play the "it happened under" game and ignore the context of the pandemic when it comes to inflation & Biden.... but not when it comes to jobs..... which is a bit ridiculous because (as I think I discussed with you? 🤔) jobs and inflation are somewhat related.

Not meaningless at all. Even Adjusted for inflation things still would have cost less under Trump than Biden.

"Adjusted for inflation things still would have cost less..." 🤔

K.. um... I am not sure what that even means.(?)

The FED's stated goal is 2% annual inflation.

That means a president who serves 2 terms should expect somewhere around 16% inflation for their 8 years.

Sometimes it's less, sometimes it's more. Coming out of the pandemic it has been significantly more but the rate of inflation IS coming down from where it was and hopefully will continue back down to 2%.

And this might be frightening to hear but that doesn't necessarily mean prices will go down, it just means they will increase less quickly.

If prices actually go down (deflation), that is actually a sign that something is wrong and could be a real problem if it persists. Deflation is often associated with depression / recession.

Price increases under trump might be less noticeable because he was only a 1 term president (so far anyway) and the end of his term was the pandemic.....when oil prices crashed to less than zero due to the bipartisan covid lockdowns. And that seems cool for us as consumers but is clearly not sustainable for oil companies.

It appears your math is way off and Bidennis a few months short of his 4 years so it isn’t that Trumps appears lower it was lower.

2% x 8 years = 16% ...How exactly is my math off?

"it isn’t that Trumps appears lower it was lower."

If youre talking about the total prices/ cost, what the OP was talking about and what I was talking about in that meme, then no. Prices were higher compared to Obama.

If you want to focus on the inflation rate comparison to Biden, then as I said..... "Coming out of the pandemic it has been significantly more"

2% is the expected inflation rate. Not the actual rate achieved.

So Biden created so many jobs, that weren’t just post pandemic job recovery, but the economy got worse? Anyone who goes to a store and purchases knows prices are way up across the board under Biden. His policies drive it and it’s his fault.

No, not really... 2% is the GOAL average annual inflation rate. That is what they hope to achieve.

"So Biden created so many jobs, that weren’t just post pandemic job recovery, but the economy got worse?"

Exactly. And I vaguely remember either Biden or the administration saying something to that effect a few years ago and people here seemed confused about it then too.

It does depend on your definition of "the economy" though.

According to the definition presented here 5 years ago by the right, "the economy" is kicking ass right now. (Unemployment, GDP, and the stock market).

But the right's definition presented 5 years ago has apparently changed and those things have nothing at all to do with "the economy" anymore. Apparently "the economy" is solely inflation now....

(which makes it easier to say BidenManBad, murica destroidDd and such. )

Considering that you lean right and the context of what else you said, I will assume that inflation is what you mean when you said "the economy got worse" in this conversation. Feel free to correct me if I'm wrong.

Anyway, back on track yes. More jobs = BAD for inflation. And it's not super complicated. People with jobs have money. People with money spend money. ( More demand for products and services )

If prices are high and people just continue buying the same stuff and same amount (or more) as they were before the prices were raised... (because they have jobs and therefore have money) ... there is more incentive for a business to raise prices than lower them.

And that's assuming the supply didn't change. If you add less supply into the equation it makes it that much worse for inflation. Less supply with more demand = higher prices

But ya when jobs numbers would come out every month and they exceeded expectations, it was actually seen as BAD by the FED. Because the FED wants to see less jobs (or least close to net zero jobs)... because that would indicate what they have been doing (raising the rate mulitple times) is actually helping curb the rate of inflation.

Once jobs and the consumer price index slows down they can begin lowering rates. Last I heard they are starting to see that now... unemployment ticked slightly higher and the inflation rate was slightly less.. so there might be 1 rate cut later this year.. not sure though.

So the democrats didn’t use to say that stock market has no bearing on what regular people feel? So who changed their definitions? What I know and many Americans agree is the prices of things you buy to live, groceries, gas, rent and utilities have all risen more than the “normal 2%”. When you flood the country with immigrants and give them free money, they buy things too. Thus increasing demand right? So we get back to Bidens fault. His policies, his fault.

Biden may have created a few jobs but he did not create record jobs. He’s taking credit for post job recovery. That’s just dishonest and trying to take credit for something he did not do. The quality of the jobs created is a whole other story.

Dems may have said the stock market doesn't affect regular people but idk if that is necessarily the same thing as saying it isn't "the economy". (Full disclosure I own stock)

If Joe Biden gave the immigrants he did not deport free money (?), yes I assume that would increase demand. And I understand there might be some trying to get a handout like that..... but many come here to work. And they will work on the cheap. in agriculture, construction / building houses, etc... (increasing the supply of products.)

It was said in response to a Republican claim that the economic was good, so yes Samey same.

Immigrants come to work and democrat unions claimed that they drive down wages? You don’t think that’s the case anymore?

The whole point isn’t that literally things cost more every year. It’s exactly about how fast they rise. Under Trump they rose less and at a more steady rate. Did the year of the pandemic trim his numbers? Maybe a .1 or .2. Under Biden they rose faster as he was unable to control inflation due to his policies. Did the pandemic add to his inflation? Maybe it added some but to claim that it was entirely pandemic related is not true. Didn’t he crow about the greatest recovery in history? For who? Not regular people who buy groceries.

Trump spent money during Covid? I wonder why?

"The whole point isn’t that literally things cost more every year. "

OP made a simple point and I made a simple point in response easily refuting it.

"Under Biden they rose faster as he was unable to control inflation due to his policies"

Trump had just spent a boatload of money, America was opening back up and going back to work, and there were foreign countries which we rely on for products which had not reopened yet, causing supply chain issues. Idk what you thought would happen or what you think would have been different under trump but cool story bro.

Also inflation has been going in the right direction (coming back down) for a while now so idk about portraying it as not in control. If you mean immediately, ok. It wasnt immediately under control. Pretty sure the only way to do that would be back to the covid style lockdowns.

Anyway its been going down and they might even do a rate cut later this year. Gas prices also continue coming down despite it being summertime... which seems odd but is nice.

"... to claim that it was entirely pandemic related is not true. "

Did I ever actually say that? I would say the pandemic was a major factor and what started it's rise but there were other factors.

"Didn’t he crow about the greatest recovery in history?"

Yes.. pretty sure as far as jobs and the stock market and GDP and such... he might've also been comparing us to other countries idk. I would have to look at that quote in context.

"For who? Not regular people who buy groceries"

No, no.. even for them. They might not be aware of this but it's tricky to buy groceries without a job.

Shit, they should have realized this by the end of Biden’s first year in office

Chlorine bleach is a COMMON disinfectant for water in an emergency. Small utilities use it all the time. I got your source right here btw, so look it up. It will give everyone a break from your LIES about it.

What the hell am I lying about ? LoL

You aren't. I don't reply directly to that A-hole. He's insane. Sorry. Usually the regulars get it or just think I'm nuts, lol.

LoL its all good , I avoided 48 timers for like 6 weeks, the first time I started talking to one of "them" .. got a 48 hour timer. Best move you can make it to stop interacting with them.

👊They CAN headhunt & they DO.
U had a good thread going. I didn't want to kill it, he was getting dealt with.

Yea I think the one I slapped around in my comment section of a different meme has a Mod on their buddy list, sics them on people he starts fights with like a dog.

Absolutely. I got "helped" by Alooma Endo Six T Six my 1st week, 8 hrs.
He rigged it up for sure, little * with the exact same thing I typed, signalling for site mods, but he was TATTLING so it was fine, lol. They don't get upvotes on ANY of their comments anymore 👏👊

Not everything is up . Scrap steel is way down. Scrap steel is a global market. Vast amounts of scrap metal is coming out of Ukraine. Suppressing the price. The reason is obvious.

True, but the price of lumber off sets the savings of scrap metal. lol

My point was that everything is not up. Rules and regulations keeping some prices high.

If Trump gets re-elected, do you really expect prices to go down?

The thing is about prices in an economy with little competition, possible today due to basically every company being owned by a bigger company, is that there’s little to be done to reduce prices without a recession or tightening economic freedoms

IDK, But the meme is accurate.. everything under Trump was cheaper, food , gas, rent, loans, interest, everything.. under Biden everything skyrocketed. So all I know is I am not voting for Biden, not even if you held a gun to my head.

There is a lot than can be done to slow he rate of inflation. Price rollbacks aren’t likely but to can decrease the level and rapidity of prices increasing. Biden won’t, at least Trump might.

How would Trump roll back prices?

Another thing , which is something no presidents even look at are massive public works, we could be building irrigation systems in our forests, Clean water pumps, pump systems that move excess water from high flood areas to deserts, things like this are massive , but the amount of work generated by public works ..and the wotkers needed to maintain such things would create a economic boom not ever seen in America before.

I know things like this are starting with the CHIPS act, and I’d love to see more of this too! You’re right that it would cause a boom, as it’s one of the tactics used by FDR in the New Deal during the Great Depression

Cutting regulations on businesses, fabrication, cutting red tape on opening new businesses, opening shipping lines and ending any remaining covid sanctions that are in place halting movement of materials and goods.. there are tons of things a good president can do to reduce costs.

Interesting! While cutting regulations shouldn’t be done recklessly, I’ll look more into those kinds of things

I didn’t say he would. Note the sentence says it’s not likely.

TAXES ! During Oblowme's terms I paid at least $90k more income tax !
Then ran up a bunch of debt to stay alive.

How much must you make to pay that much in income tax? Did you win the lottery or something?

Upper Middle Class, lol YA RITE,brownbagging it, no medical, no dental & wearing out 2 vehicles going back & forth, working any extra shifts possible.
I KNOW EXACTLY WHO HAS THEIR HANDS IN MY POCKET !

You can’t eat without diesel fuel. Heating, A/C, pharmaceuticals, most clothing, delivery costs.Economics 101, when the price of oil goes down, total production costs go down. Drill, baby, drill, will lower prices.

Take it up with OPEC then, they’re the ones who control how may barrels of oil are sold in a year, not the president

Bless your heart. US is not a member of OPEC. We can build refineries and build pipelines and open reserves and drill baby drill.

Biden put restrictions on small businesses. Which are the best way to compete against the “big companies “ you blame. Government is the problem, not the solution.