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by nojvek 546 days ago
Inflation is at ~2%. The next admin has been handed a golden booming economy with low inflation, high wages, low jobless rate. They just don't have to fuck it up. This is a pretty low bar, but congress being congress love to doll out billions in their bills.

And I'm not saying Democrats are any better than Republicans. We are in a duopoly with an illusion of choice. Both sides love to lavish their corporate donors.

3 comments

In 2024, 12-month inflation starts at 3.1% and is 2.7% last month (peak at 3.5% and bottom at 2.4%). You can't round that number in anyway to be "~2%". It is at least "~3%"
My Parmesan cheese is now $4, up from $3.50, price changed the day after thanksgiving.

I don't think inflation is low right now. They're working overtime to make it look low.

being 100 bps off target is not a "high inflation environment"
Definitely more 3% than 2.
Ill say it since it people seem to be confused.

Democrats are 1000 times better than Republicans. The "both sides" rhetoric is literally propaganda.

They are not perfect by any means, but they have managed to fix every single Republican fuckup, are way more effective in passing legislation, especially bipartisan, and also dont have a record of trying to overthrow the government with a coupe, amongst many other things.

Im honestly hoping for this administration to do all the stuff they said they want to do, like tarifs, ban on abortion, removal of vaccinces, gutting of healthcare, and so on so that people who believe that both sides are bad actually feel some real pain, because thats the only way to make them understand political reality.