They’ll just blamed Biden over it instead. All Trump Gotta say is that it was the Democrats damaged they done, even if he’s been president for a year or two after
@@battle619 a lot of these people that voted for trump believed in these lies. Like, how is he going to make all these trillions of dollars of tax cuts without raising the debt limit even further. Like I can understand the border and all, but he really tried very hard to get these voters to believe that he’s going to cut all these taxes. I feel like the U.S. debt would skyrocket if it did happen and cause us to be in a recession
They won’t, inflationary gains in prices have a strong tendency to remain. The question is, will the incoming right wing, pro corporate, anti government, anti worker administration push for increased wages? Unlikely.
@ where I live in Missouri, our wages are up tremendously versus what they were five years ago. You can work at Kroger or at a fast food restaurant making between 15-17 an hour starting pay. Five years ago, that pay was between 8-9 an hour. And there’s nothing a president can do with property taxes because that’s a local issue. Insurance rates and gas, I’m not sure about that part. But as for the cost of goods, I don’t see them dropping. We’re just gonna have to realize this is the new norm. As long as we keep inflation levels at a normal rate, then will be fine. But like I said, the cost of goods are not gonna go back down to the way they were four years ago. I’m just concerned about him wanna raise tariffs. because I have a feeling that some goods would rebound back to inflation again which is not what we need
Recessions are an inevitable part of the economic cycle. The key is to be prepared and plan accordingly. I graduated during the 2009 recession, and my first job after college was working as an aerial acrobat on cruise ships. Fast forward to today, I’m a VP at a global company, own three rental properties, actively invest in stocks and businesses, started my own company, and have increased my net worth by $500k over the past four years.
Investing during market downturns-buying more stocks and index funds during corrections and bear markets-is challenging and often intimidating. Like many others, I find it difficult to make that leap. Currently, I’m considering transferring $260k into a Stocks & Shares ISA, but it’s hard to commit.
My advice? Consider consulting a Financial Advisor. They offer tailored guidance based on individual risk tolerance, making them invaluable in the investment landscape. While there are some advisors to be cautious of, those with solid track records can provide immense value.
In reality the chart is misleading in that the inflation, while measured year to year, is always stacking on top of the prior years prices. By just looking at the chart one would think that after inflation hit 8.9%, in June of 2022 the prices had come down, but that is not so. The additional 3.1% inflation by June 2023 is on top of the previous inflation, making the total of 2 years worth of inflation 12% in two years or almost 25% in 4 years and prices never seem to come down. Wages during that time did not go up 25%. That is why Democrats lost.
And we’re not going to see a massive deflation either. A lot of these jobs now here get paid between 15 and $17 an hour. Five years ago, they we’re paying between $7.50-9 an hour. I don’t see these prices going back down because the hourly pay has increased tremendously, which plays a huge part on food and cost of goods. Corporations are not going to take a pay cut. And I’m also concerned about the United States deficit. We haven’t had a balance budget since Bill Clinton and I hope Republicans decide to actually start having balance budgets every year instead of continuing to increase the deficit. But honestly I don’t see that happening. Will just continue to go into more and more debt until this country hits a depression.
But my retirement accounts went up higher than 25% and my wages went up although not 25% and I got 3 Covid bailouts so all in all, I'm better off (economically) than 4 years ago as are many other people if they look at all numbers but that would require financial literacy.
The average of inflation may be 22ish percent over the last few years, but when the average inflation of the things that you buy most is 60%, of course it feels like inflation is higher because for you, in effect, it is. For example if you didn't own a home prior to covid then your potential expenses vastly outgrew your wage gains.
Ah yes, the thing everyone said would happen if they cut rates happened.
Stop the rate cuts
Welcome to TrumpFlation :) Play stupid games, get stupid gifts =D
They’ll just blamed Biden over it instead. All Trump Gotta say is that it was the Democrats damaged they done, even if he’s been president for a year or two after
Trump is not in yet, genius, this is on Biden, you know, the guy that's been president 🙄
Tell me who the president is right now. Bidenomics. That is why Trump won.
He wasnt in office a month ago
@@sew_gal7340lol clearly kitsune is scared he can’t identify as a mailbox soon 🤗
I’m going to laugh when prices don’t drop back to the way they were 4 years ago!
They can’t. We were in Covid shut downs. No one was driving. No one was shopping. And everyone voted Trump out
@@battle619 a lot of these people that voted for trump believed in these lies. Like, how is he going to make all these trillions of dollars of tax cuts without raising the debt limit even further. Like I can understand the border and all, but he really tried very hard to get these voters to believe that he’s going to cut all these taxes. I feel like the U.S. debt would skyrocket if it did happen and cause us to be in a recession
They won’t, inflationary gains in prices have a strong tendency to remain. The question is, will the incoming right wing, pro corporate, anti government, anti worker administration push for increased wages? Unlikely.
@ where I live in Missouri, our wages are up tremendously versus what they were five years ago. You can work at Kroger or at a fast food restaurant making between 15-17 an hour starting pay. Five years ago, that pay was between 8-9 an hour. And there’s nothing a president can do with property taxes because that’s a local issue. Insurance rates and gas, I’m not sure about that part. But as for the cost of goods, I don’t see them dropping. We’re just gonna have to realize this is the new norm. As long as we keep inflation levels at a normal rate, then will be fine. But like I said, the cost of goods are not gonna go back down to the way they were four years ago. I’m just concerned about him wanna raise tariffs. because I have a feeling that some goods would rebound back to inflation again which is not what we need
@@underground9260 They already said it wouldnt
Why is milk still expensive
Its not that prices are going down. Rate of price increase has slowed down.
Supply and demand. You are not smart. Drink more milk
I remember when a gallon of milk was close to 5 dollars back in 2004.
bec wages don't go down
@@GPSniper1 wages have barely increased but corporate greed has skyrocketed.
All of a sudden, Trump wins the election, inflation goes up🤣🤣
Who is still the president? Bidenomics. That is why Willie Brown's mistress lost.
The day the fed hires an accountant is the day I cure cancer.
Trump will not help you !!!!! Hahahaha
Misleading title! Rose .2% not 2.6%!
0.2 month over month, 2.6 year over year
CANADA NEEDS MORE INFLATION
Jerome Powell should be fired immediately!
Youre explaining why people are stupid for complaining but then justifying them feeling that way 😂😂😂
Its not coming down itd going up less
Recessions are an inevitable part of the economic cycle. The key is to be prepared and plan accordingly. I graduated during the 2009 recession, and my first job after college was working as an aerial acrobat on cruise ships. Fast forward to today, I’m a VP at a global company, own three rental properties, actively invest in stocks and businesses, started my own company, and have increased my net worth by $500k over the past four years.
Investing during market downturns-buying more stocks and index funds during corrections and bear markets-is challenging and often intimidating. Like many others, I find it difficult to make that leap. Currently, I’m considering transferring $260k into a Stocks & Shares ISA, but it’s hard to commit.
My advice? Consider consulting a Financial Advisor. They offer tailored guidance based on individual risk tolerance, making them invaluable in the investment landscape. While there are some advisors to be cautious of, those with solid track records can provide immense value.
In reality the chart is misleading in that the inflation, while measured year to year, is always stacking on top of the prior years prices. By just looking at the chart one would think that after inflation hit 8.9%, in June of 2022 the prices had come down, but that is not so. The additional 3.1% inflation by June 2023 is on top of the previous inflation, making the total of 2 years worth of inflation 12% in two years or almost 25% in 4 years and prices never seem to come down. Wages during that time did not go up 25%. That is why Democrats lost.
And we’re not going to see a massive deflation either. A lot of these jobs now here get paid between 15 and $17 an hour. Five years ago, they we’re paying between $7.50-9 an hour. I don’t see these prices going back down because the hourly pay has increased tremendously, which plays a huge part on food and cost of goods. Corporations are not going to take a pay cut. And I’m also concerned about the United States deficit. We haven’t had a balance budget since Bill Clinton and I hope Republicans decide to actually start having balance budgets every year instead of continuing to increase the deficit. But honestly I don’t see that happening. Will just continue to go into more and more debt until this country hits a depression.
Lol corperations make profits of inflated prices and we are still paid less and it's the democrats fault 😂😂😂
But my retirement accounts went up higher than 25% and my wages went up although not 25% and I got 3 Covid bailouts so all in all, I'm better off (economically) than 4 years ago as are many other people if they look at all numbers but that would require financial literacy.
The average of inflation may be 22ish percent over the last few years, but when the average inflation of the things that you buy most is 60%, of course it feels like inflation is higher because for you, in effect, it is. For example if you didn't own a home prior to covid then your potential expenses vastly outgrew your wage gains.
Just wait for the tariffs 🤣
The economy will be in recession soon enough 😂😂😂😂hahahaha
They’ll just blame the Democrats, even if the recession starts two years later.
LET'S GO BRANDON!
Let's Go Your Momma.
Jerome Powell the people voted and you are Fired!
Can't fire him.
@ - there is more than one way to get fired.