Summary
Trump admitted it will be difficult to lower consumer prices, despite campaign promises to reduce grocery, energy, and overall inflation costs.
Trump told Time that achieving price reductions is rare without major economic downturns.
During the campaign, Trump blamed rising costs on Democratic leadership and proposed tariffs as a solution, but economists warn tariffs could raise prices further.
Inflation, a key voter concern, played a significant role in Trump’s election victory, though he has yet to outline a clear plan to deliver on his economic pledges.
Oh wow who could have fucking predicted
my prediction is that they’ll eventually just start saying “we DID lower prices. for everything” even though every graph will show that the prices have perpetually gone up. for everything. and all the complete fucking moron troompa loompa voters will 100% believe that prices have gone down
The graphs will indeed show that prices dropped, but that part will be in Sharpie ink.
“The price to buy a Banana has fallen from 3 Dogecoin to 1 Dogecoin. Who cares if it went up in dollars?”
Gotta love living in 1984: The Reality Show.
For sure this is going to happen; the only thing they took away from this election was that they can say whatever they want and push back on any kind of fact checking and they’ll just get rewarded for it.
The absolute crazy thing is the energy prices. He said he’d cut energy prices in HALF within 12 months. Then he said it again. And again. He like quadrupled down on this and people actually bought it. This dude legitimately promised that all energy prices would be fucking halved in 12 months. I will eat my entire piece of shit car if that happens lol
Like… with a fork?
I figure I go with The Lotito plan, break it down into small pellets and just take it piece by piece with some mineral oil 😄
Do you want him to eat it with his hands like an animal?
Lmao fucking idiots, every clown that voted for him
Can we crosspost to Leopords Ate My Face on behalf of every Trump voter who cited the economy as their reason? Or not yet?
“But the leopard won’t eat my face”
Not yet, this is just walking back the lie. When his tariffs and deportation drives us into a 2nd great depression then is appropriate leopards eating faces moment.
Or didn’t vote!
Oh man tell me about it. The ones who voted Trump, yeah. But the vast majority that decided to stay home? I have less savory words for.
At least the ones who voted Trump cared. They may have been bamboozled, but they did show up.
Too many others just didn’t give a fuck about the direction of our country to take 15 minutes out of their day for an average of once a year.
Exactly. Like I’m going to feel whatever for the opposite side of the aisle here. But the fuckers who looked at the state of affairs outside and was like “nah, fuck it”. Oooo, that’s a whole other feeling that’s not pleasant one bit.
I do really hope that everyone understands that the default nature of the universe is to be undone, including the niche that humanity inhabits, and that are continued still being here state requires some input from us. Get up off your collective asses and do something for fucks sake. Somehow I don’t believe it’s a tall task to press a fucking button. Which one we can debate, but at least PUSH ONE OF THEM.
But don’t you see? Making the world an objectively worse place for everyone, especially marginalized people, and makes the harm to the biosphere more likely to be catastrophic and irreversible will totally load to it getting better. Everything works exactly like my maladaptive ADHD coping strategies from before my diagnosis and treatment - pushing things to the brim of annihilation will surely result in a better world and not just buckets of unnecessary human suffering and possible extinction.
/s
The only thing shocking here is that he’s openly admitting he won’t keep his promises.
Has he ever truly faced consequences for what he says or does?
Yes. He was celebrated for it!
Not yet.
Nobody knew health care could be so complicated
— President Trump (February 27, 2017)
I mean if nobody got the message he wasn’t going to anything. Being direct this time isn’t going to help. Literally didn’t even fucking LOCK HER UP like he said he would. Don’t even get me started on his tax return, still waiting on that, likely will happen on infrastructure week.
Anything that guy says is just utter shit.
Speaking of his tax returns…
He can now decree to the irs to stop the perpetual audit on his tax returns so he can release them to the eager and deserving american public … right?
Same with the medical records of his grievous ear injury …
Wait…does that mean he…does intend to fix prices then?
Is this Opposite Day?
I mean…is this not Opposite Day?
I’m so confused!
He’s saying this because his administration will absolutely approve the Kroger Albertsons merger
https://www.npr.org/2024/12/10/nx-s1-5114999/kroger-albertsons-merger-ftc-lawsuit-court-ruling
Yes, that’s what the article I linked says.
Kroger and Albertsons saw their $24.6 billion merger blocked on Tuesday by judges in two separate cases, one brought by federal regulators and the other by the Washington state attorney general.
However that’s likely temporary until the Trump administration is in. It’ll probably be passed within the first year. Kroger and Albertsons just need to settle their current suit and re apply to the Trump administration.
That was 2 days ago. Late yesterday, Albertson’s pulled out and sued Kroger over failure to get it done.
Like I said, all that needs done is for the suit to be settled, happens all the time with large mergers or when companies reincorporate.
The damages being sought are for leverage for a new merger agreement or a reincorporation. It doesn’t matter that Kroger pulled out early. https://www.americanbar.org/groups/litigation/resources/newsletters/commercial-business/how-merger-litigation-works-now/
@RemindMe@lemmy.world 1 year
Please respond to this comment when you get your answer. I too am interested. I hope I’m wrong to be honest
I’ve been unfortunately correct before about this bullsit tho.
Because if monopolies are known for anything, it’s reducing prices to benefit the consumer. /s
Inflation soared above 9% in 2022 as a result of supply chain problems related to the coronavirus pandemic and strong consumer demand that had been buttressed by stimulus checks and other relief policies both Trump and President Joe Biden championed.
Jesus Christ we’re still blaming stimulus checks for inflation. Most people couldn’t pay more than a months rent at most with the stimulus they received and yet we’re supposed to believe that was a huge factor driving prices up? Saying stupid shit like this is exactly as bad as Trump’s ridiculous tariff proposals but because it’s not a Republican saying it we’re just supposed to accept it as gospel. Eat my ass HuffPo
we’re still blaming stimulus checks for inflation.
Most western countries had inflation as high or higher than the US and did not provide stimulus checks. Gee, I wonder what the common denominator could be…? Certainly not a worldwide pandemic!
I’m going to guess the small business loans didn’t help either
The ones that went to not small businesses (because handing out money doesn’t need any oversight). And got forgiven even though they weren’t used for payroll (another trickle down failure).
Exactly
Canada gave way more, inflation is under 2% now
Almost like giving more to the people who spend it on the economy, helps the economy. Who knew?
More people spending money can cause inflation if you have the same amount of goods.
How many months of rent is irrelevant because that’s not disposable income. If the stimulus didn’t meaningfully increase your disposable income dieting the pandemic you’re too rich to discuss it
Here’s the thing though, no it’s not hard to reduce the price of all of that, you just need to nationalize the industry for essential products. No more investors to please, no need to make billions in profit, prices can be reduced.
bUT, frEe MaRkeT brINg DOwn pRiCe!
Or start assassinating the ceos of Ralph’s and Albertsons on the side walk and see if that helps, just a suggestion
What does it say that for a good 30 seconds I thought, “maybe it is the way to go, -could it hurt?” Is this reality now?!
You said it’s not hard, but that’s gonna be really hard.
Quebec did it with electricity, passed a law to purchase all stocks at a set price on a specific date, got a loan from the USA, 3 years later it had been refunded using the profit it realized by nationalizing the industry… It was a 50 years loan if I’m not mistaken.
Hey humans, stop being greedy! … no? Nothing?
Oh man. I wish I could see the faces being eaten.
They’re all currently in denial and even when prices increase further due to the tariffs they’ll just blame it on the previous administration.
Trust me, I’ve been trying to explain this to these people for a long time. Had a talk with one of them where I told them about this interview and their exact response was to blame Biden.
Yeah, you’re absolutely right. They never accept responsibility for their choices, they just blame others when they fail and try to claim other’s successes as their own.
But surely a few realize their fuckup before they manufacture fault and rage to aim at others.
🤣
No kidding, he just lied his ass off like he always does and the dickless MAGAT drones just slurped that jizz right up without ever stopping to think about how insanely fucking stupid the promis was to begin with…
Given how us dickless folks voted maybe that’s not the insult to use for those brainless jackasses
I don’t think we need a headline or a news story to know this … nothing he says means anything. The next four years is just going to be a never ending parade of bad faith, anger and anxiety.
I just hope it’s only 4 years.
I’m hoping he dies in less than that.
As long as you’re going to hope, hope they all die.
Then we get Just Dumb Vance and the christian taliban as our overlords. An even worse cult.
Vance doesn’t have the same cult of personality that Trump has. With him in charge I suspect the infighting would make it impossible for them to get anything done.
I think this is just his handlers and the media setting up a backstory so that, when people start complaining about prices not coming down, their side have something to point back to to say, “Hey, no, we told you it was an issue!”
Everyone iny social circle and at work convinced themselves that he would fix things immediately. I can’t tell you how many times I heard “as soon as Trump gets in the economy will get better” or “he’ll fix it”. He’s a liar. A big reason we’re here is he didn’t get called out enough for being a liar.
I’m pretty sure the only thing he’s interested in is revenge and he doesn’t care who gets hurt on his path to achieving it.
If people understood the very first thing about economics it would be glaringly obvious that his proposed tariffs would drastically raise grocery prices, and the prices of many other things. Unfortunately, people don’t understand, and the media carefully avoids explaining it to them.
Revenge and being shielded from prosecution. And he’ll get everything he wanted, courtesy of American voters (and especially non-voters).
Oh my gosh! Oh my! Trustworthy Trump?! He lied… For political gain?
I’m sure the people who voted for him would be very upset right now if they could read.
I am Jack’s complete lack of surprise.
Watch the market monopolize under him
This is how we finally achieve single payer healthcare in the US in the stupidest possible way and I wouldn’t bet against it this point: The Aetnited CigShield Corp!
That’s not single payer, that’s single provider (or, more correctly, single denier).
You are allotted one health, next!
Here you go:
But I need to restore my health, not my mana!
Sorry. Please fill out a change potion application. Response time 6-8 weeks. Next in line!
Promises Made, Promises Kept*!
<p></p>* = Promises will not be kept
Promise *bullshit = new Promise; delete bullshit;
