Post B0Tde1PCdFO38auTU8 by leswarden@mastodon.world
(DIR) More posts by leswarden@mastodon.world
(DIR) Post #B0TdNXpmoFOen5UH20 by Nonilex@masto.ai
2025-11-21T17:20:52Z
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#GiftArticleDoes Trump Know The Price Of Milk?“From the day I take the oath of office, we’ll rapidly drive prices down & make America affordable again,” #Trump promised last summer as he ran for president. “Prices will come down. You just watch. They’ll come down fast.”#Prices have not come down. 10 months after Trump took office, prices are still climbing. #Groceries are MORE expensive. #Electricity bills have spiked. It costs more to buy a new #car.#economy https://www.nytimes.com/2025/11/21/opinion/trump-prices-affordability-promises-inflation.html?unlocked_article_code=1.208.t9KN.ecs_dFZ9Xw-d&smid=nytcore-ios-share
(DIR) Post #B0TdZbzv9hx5B7yvg0 by lor@beige.party
2025-11-21T17:23:01Z
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@Nonilex The issue is, if Trump says a LIE and no one (MEDIA) pushes back it becomes a "TRUTH". This is a PsychOps operation.
(DIR) Post #B0Tde1PCdFO38auTU8 by leswarden@mastodon.world
2025-11-21T17:23:49Z
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@Nonilex Everything Trump touches DIES!#25thAmmendmentNow #BankruptcyKing
(DIR) Post #B0TdnasS7O8Nl29huC by Nonilex@masto.ai
2025-11-21T17:25:36Z
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The annual rate of #inflation was 3% in Sept—almost exactly the same as it was on Inauguration Day.Trump’s failure was predictable. #Prices almost never fall across the entire #economy. When they do, it tends to be because of a crisis, such as the #GreatDepression. Trump is responsible for misleading people. But he has not merely failed to keep an impossible promise. Trump has pursued policies, starting with #tariffs, that are making the problem worse by making life in the #US less #affordable.
(DIR) Post #B0Te6gsk17sRsnOejg by Nonilex@masto.ai
2025-11-21T17:28:59Z
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One way to see the impact is to track #inflation over the past year. As the effects of the pandemic have worn off, the pace of price increases declined from an annual rate of 3% in January to 2.3% in April. Then, as #Trump’s policies started to take effect, inflation rebounded to 3%. “In some ways, this administration could have come in & done nothing & made progress on inflation,” said Claudia Sahm, a longtime #FederalReserve economist who now works at New Century Advisors, an investment firm.
(DIR) Post #B0TeTqclxeLkl6yBDE by Nonilex@masto.ai
2025-11-21T17:33:13Z
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“But the policies they’ve chosen have created extra costs for businesses, & businesses tend to pass on costs,” Sahm added.The cost of #Trump’s policies is likely to increase in the coming months.His most inflationary policy is his campaign to build a wall of #tariffs around the US #economy. Tariffs are #taxes on imports, & they are *initially* paid by the businesses that bring goods into the #US.#FactCheck #TrumpLies #inflation #affordability #CostOfLiving #recession #trumpcession
(DIR) Post #B0TeY4A7ZN6hu7Zzvc by MasterMischief@mastodon.social
2025-11-21T17:33:55Z
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@Nonilex
(DIR) Post #B0TeeFEzIDZW07nnBg by Nonilex@masto.ai
2025-11-21T17:35:07Z
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In the early months of #Trump’s term, importers mostly absorbed those #costs rather than raising #prices to recoup the money from #consumers. Some companies said they were waiting to see if the #tariffs would last. As time has passed, companies increasingly have shifted the costs of the tariffs to their customers. Goldman Sachs estimates that the share of tariff costs borne by consumers has increased from 22% in April to 55% in Oct, & that it will continue to rise, reaching 67% by mid next year.
(DIR) Post #B0TexrTZMLlI5Tybjs by Nonilex@masto.ai
2025-11-21T17:38:37Z
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As the NYT board has noted in previous editorials, the revival of domestic manufacturing is a worthy goal, & if #tariffs were applied judiciously, the benefits might outweigh the #costs. But #Trump’s indiscriminate use of tariffs is doing far more harm than good. The current tariffs will cost the average #US household about $1,800 per year, the Yale Budget Lab estimates.The admin’s crackdown on #immigration is similarly being conducted in ways that maximize the economic costs.#economy
(DIR) Post #B0TfB6jvv5fvBywljE by Nonilex@masto.ai
2025-11-21T17:41:03Z
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Reducing illegal #immigration is a worthy goal, its long-term economic effects are complex. But #Trump’s cruel, chaotic campaign to deport & drive out undocumented immigrants is creating #labor shortages that in turn increase #prices. It is part of the reason #food prices were rising at an annual pace of 3.1% as of September, the last data released *before* the government shutdown.#economy #inflation #affordability #CostOfLiving #recession #trumpcession #idiocracy #kakistocracy
(DIR) Post #B0TfCVULOHtoEpK30a by huntingdon@mstdn.social
2025-11-21T17:41:15Z
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@Nonilex Exactly. If Trump were serious - something he's incapable of being - and wanted to change policy, he would transition from A to B. Instead, the child-man demands immediate change and gratification, which incurs tremendous costs for everyone.
(DIR) Post #B0TfQoWpOfvTLOJ3Wi by Nonilex@masto.ai
2025-11-21T17:43:54Z
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The pain is acute because price increases are outpacing wage gains for most American households, especially those with lower incomes. The gap between wage growth for the most affluent & least affluent households has been larger this year than at any time in the past decade, according to Bank of America Institute, which uses proprietary data from the bank’s enormous customer base.#Trump #economy #inflation #affordability #CostOfLiving #recession #trumpcession #WealthGap #idiocracy #kakistocracy
(DIR) Post #B0TfVBD10u6KqQ7Ylk by faraiwe@mstdn.social
2025-11-21T17:44:37Z
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@Nonilex the irony being, the ONLY real way to curb illegal immigration is to eliminate the inherent inequality carved by a exploitative system, put in place by the same old white guys in suits who are talking about "how do we deal with the consequences of our previous actions???".It'd be hilarious, if only there was more guillotine in the story.
(DIR) Post #B0Tfhn10HD8xZcW0cC by Nonilex@masto.ai
2025-11-21T17:46:57Z
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#Trump also has been rolling back #FederalPrograms that help households make ends meet. His signature domestic policy law, passed in July, will reduce access to #Medicaid & #FoodStamps. Because of Trump’s opposition to an extension of #HealthInsurance subsidies, millions of Americans will soon face sharply higher premiums.#economy #inflation #affordability #CostOfLiving #recession #trumpcession #WealthGap #idiocracy #kakistocracy
(DIR) Post #B0TfrSrW3m41xwgu80 by Nonilex@masto.ai
2025-11-21T17:48:42Z
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Earlier this year, #Trump blithely suggested that Americans could cope with the impact of #tariffs by purchasing fewer toys for their children. “Well, maybe the children will have 2 dolls instead of 30 dolls, you know? And maybe the 2 dolls will cost a couple of bucks more than they would normally.”#economy #inflation #affordability #CostOfLiving #recession #trumpcession #WealthGap #idiocracy #kakistocracy
(DIR) Post #B0Tg2xU6XxzO7oDm7s by Lizette603_23@mastodon.social
2025-11-21T17:50:45Z
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@Nonilex ".....and maybe I'll die on the toilet overnight and only found because of the scent I leave..." There I go, daydreaming again!
(DIR) Post #B0Tg3FPnshFBjgLavA by Nonilex@masto.ai
2025-11-21T17:50:50Z
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More recently, after an impressive set of victories by Democratic candidates running on #affordability issues, including #ZohranMamdani’s campaign in NYC, #Trump has taken to insisting that #prices aren’t rising [lying]. “Every price is down,” Trump claimed 2 days after the election this month. The White House put out a news release a few days later declaring that “inflation has been tamed” (it hasn’t) & that “everyday prices are beginning to drop” (they also have not).#FactCheck #TrumpLies
(DIR) Post #B0Tg7U01bDtS7tJDkm by kralcttam@mastodon.social
2025-11-21T17:51:33Z
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@Nonilex So the president advised dealing with the #tariffs by buying less? https://www.cnbc.com/2025/09/24/seasonal-hiring-2025-to-fall-to-lowest-level-since-2009-recession.html
(DIR) Post #B0TgJBPcX29LxDrOnw by Nonilex@masto.ai
2025-11-21T17:53:43Z
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The truth is obvious to people who pay their own #bills or shop for their own #groceries [#Trump has never done either]. Trump should be spending his time figuring out how the government can help.Making progress on #affordability is not easy, & it cannot be done quickly. But there are concrete opportunities. Most important, Trump needs to stop making things worse.#economy #inflation #CostOfLiving #recession #trumpcession #WealthGap #idiocracy #kakistocracy
(DIR) Post #B0TglJB3Fska94SODw by Nonilex@masto.ai
2025-11-21T17:58:48Z
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…#Trump, during nearly 5 years as president, has made clear that he has little interest in the #HardWork of making #policy. On #housing, the closest he’s come is floating the idea of federal backing for a 50-year mortgage, which will do nothing to bring down the true cost of housing.Trump recently shared a photo of a WH bathroom that he had renovated by covering everything in marble. What Americans need is a president more focused on the cost of toilet paper. It’s up >3% so far this year.
(DIR) Post #B0TiIbvmeMYtorl8Ii by theicarian@mastodon.social
2025-11-21T18:15:58Z
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@Nonilex Does Trump Know The Price Of Milk?No. He's never bought a gallon of milk in his life. Or shopped for groceries of any kind. He only recently discovered the word "groceries" and decided he invented it.Shopping for food is the the servants and suckers.
(DIR) Post #B0TvyP3gCPtPSii8gK by gabbywheels@toad.social
2025-11-21T20:49:10Z
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@Nonilex "Does Trump Know The Price Of Milk?"Does Trump lie about everything?
(DIR) Post #B0VNTKJcm62FeN6Bmq by gooba42@mastodon.social
2025-11-22T13:31:54Z
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@Nonilex My income increases have only ever beaten inflation when I was switching jobs or being promoted.Employers are *proud* not to give cost of living raises and crow about it. They're mysteriously silent about their merit raises also only being 1%
(DIR) Post #B0aGByc9la69coDyK0 by Allkinds@mastodon.social
2025-11-24T22:04:00Z
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@Nonilex Trump told an untruth….I’m so surprised….