Unexpectedly? By who?
Pretty sure tons of people said that if Trump takes office, inflation would skyrocket thanks to the tarrifs and all his other bullshit… This was entirely expected. It’s the result we all knew was coming if he took office.
If it were any Democrat in office right now, the media would have been pinning the blame harder than fighting games got blamed for violence in the 90s. Getting real sick of the narrative they’re spinning.
People that understand economics said that People who labor under the delusion that Republican administrations are better for the economy thought otherwise.
If it were any Democrat in office right now, the media would have been pinning the blame harder
If a Democrat were in office inflation wouldn’t have increased.
If a Democrat were in office inflation wouldn’t have increased.
It’s January numbers, a month Biden was in office the majority of.
Yep, Trump’s policies are so awful it only took 10 days to undo the progress made in the previous 20.
Trump had already announced his policies. This was the markets pricing in those expectations. It’ll get worse if his tariffs are anything more than empty threats.
Absolutely, the moment he won is when it really started. All industries reacted and changed based on this. My friend works in the renewable energy industry, and basically, all of his projects and contracts dried up by December based off what they knew was coming. He basically does nothing for the foreseeable future except wait or get fired. Surely all this change is already seeing a real impact for January numbers.
And what happened after he left office? Was there a surprise reveal?
And his idea to fix inflation? Cut interest rates.
Turkey did this and the value of their currency halved in value per year for two consecutive years. Imagine if in 2 years a dollar became worth only 50 cents and then a quarter. Everything would cost four times more and, if wages didn’t keep up, there would be a revolution (or at least I’d hope so).
Eggs at $32/dozen. One can only dream.
they Turkish lira lost way more value than that overall. it’s still losing value but at a much slower rate. its value is 1/9th of what it was in 2018 before the first big crisis. and 1/6th of what it was in the height of that crisis.
who ever wrote this article is a total moron. Unexpectedly? noo.
14 years of Conservative government has left the BBC senior ranks full of Tory placeholders and shills.
When will we start seeing stickers at gas pumps and at grocery’s saying “Trump did this”.
How about flags saying “Let’s Go Eric” as an answer to all the let’s go Brandon flags
Mine were delivered about 2 weeks ago, so that I’d have them ready. I got them from a store on Etsy.
Let’s go Felon!
What’s unexpected about it? We re-elected a twice impeached anti-democratic felon rapist who utterly failed his last term.
Every American who could rub brain cells together warned this would happen.
Unfortunately, those people represent a minority in The Divided States of Dumbfuckistan.
How is this different than putting a “biden did this” sticker on a gas pump?
Why is inflation related to his term? Its fine if it is but can we please make sense with our outrage?
Unfortunately, those people represent a minority in The Divided States of Dumbfuckistan.
Or, the people with 2 brain cells to rub together don’t call for ballot counting like cheerleaders of the dumbfucks do. Missing that 3rd brain cell…
sounds like BBC is doing damage control for mango mussolini.
the “unexpected” part is that the 3% is above the expected 2.9% rate. they’re being coy; the title implies the increase is unexpected while the text shows it’s just a tenth of a point above the rate that was expected.
the editors are not uneducated people. I bet they speak English pretty well. the wording is deliberately misleading.
Dem clicks doe
Where’s that sliced cheese 1ady when you need her?
She calls out shrinkflation, but doesn’t understand what it is or that capitalists are at fault.
Are you saying there’s only 63 slices of American Cheese!?
Good job Homer! You avoided blindness by only a single slice.
I would rather have 64 slices of American Cheese.
Unexpectedly by who!?
The people who voted for the authoritarian liar. They are equally shocked at the leopard knawing on their face.
You’re likely vastly overestimating their understanding of inflation. For many of them it came down to “China pays for it!” and they have no further knowledge or insight beyond that.
Yes, China pays for it, just like Mexico paid for the wall 🙄.
Shocked pikachu face
“unexpected”
Oh God, no! It’s the Spanish inflation!
ahem, Spanish Influation
Our two main weapons are tariffs and corruption!
Unexpected by whom?
Republican voters
Dumb people doing dumb things
Who could have expected this
Unexpectedly?
Even the Spanish Inquisition was blindsided by this.
I wouldnt be surprised if foreign investors in US Bonds were dropping that shit like it was radioactive.
Love this
This is the top comment on my screen and it’s perfect.
Unexpectedly?
Yiyre kidding, right? I was quite literally waiting for this news. It never wss an if, just how bad
