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Posted on 11/10/26 at 9:57 am to evil cockroach
quote:
4%
quote:
Average year-over-year U.S. Consumer Price Index (CPI) inflation rates by presidential administration, based on data from the U.S. Bureau of Labor Statistics (BLS):
• Jimmy Carter (1977–1981): 9.75% – 9.85%
• Gerald Ford (1974–1977): 8.11% – 8.13%
• Richard Nixon (1969–1974): 5.66% – 6.01%
• Joe Biden (2021–2025): 4.90% – 4.95%
• George H.W. Bush (1989–1993): 4.35% – 4.81%
• Ronald Reagan (1981–1989): 4.66% – 4.68%
• Harry S. Truman (1948–1953, data limited): 3.14% – 3.57%
• George W. Bush (2001–2009): 2.48% – 2.89%
• Donald Trump – 1st Term (2017–2021): 1.90% – 2.46%
• Bill Clinton (1993–2001): 2.61%
• Lyndon B. Johnson (1963–1969): 2.58% – 2.79%
• Barack Obama (2009–2017): 1.39% – 1.46%
• Dwight D. Eisenhower (1953–1961): 1.33% – 1.36%
• John F. Kennedy (1961–1963): 1.15% – 1.16%
Posted on 11/10/26 at 9:58 am to 1999
quote:
7% for upper-income adults
Posted on 11/10/26 at 9:59 am to OysterPoBoy
quote:
Eating out
Who is even doing this anymore?
Every fricking body. Go by any restaurant, from fast food to sit down. They're slammed. People keep bitching about the economy but why is every Starbucks drive thru mobbed all hours of the day?
If the economy is in the shitter, you would think the daily $8 frappuccino milk shake would be the first to go. Oh, and new car sales for 2026 (October 25-October 26) just grew by an additional 3.5%, despite everyone complaining about car prices. Further, luxury good sales in the US are up 4% this year and expected to rise 7% in 2027.
Posted on 11/10/26 at 10:01 am to ClientNumber9
Eating out used to be fun pre covid. Ever since then the quality is not at all worth the price.
Posted on 11/10/26 at 10:02 am to 1999
Posted on 11/10/26 at 10:03 am to TigerMyth36
quote:“Biden would have killed for 4%,” you say, immediately before acknowledging that inflation was below 3% by 2024.
Biden would have killed for 4% and over the last 30 years it has been around 3% average. So slightly higher than average. Biden had 1 year under 4% (2.9%). And the killer year 8.0%.
And here's the funniest part. Trump inherited the economy of 2024, when inflation was 2.9%, not 2022, when it was 8%.
Posted on 11/10/26 at 10:05 am to 1999
Posted on 11/10/26 at 10:06 am to Bunk Moreland
Saw that, how depressing
Posted on 11/10/26 at 10:06 am to JohnnyMackBrown
quote:
as long as muh stonks are doin well
If you aren't invested in Stonks you aren't doing it right.
Posted on 11/10/26 at 10:09 am to 1999
Only poor losers care about the prices.
Posted on 11/10/26 at 10:09 am to wackatimesthree
Here's a better one with wage growth included.
quote:
The consolidated historical comparison of average annual CPI inflation alongside the total cumulative real wage growth (purchasing power adjusted for inflation) across modern U.S. presidential administrations is detailed below:
Presidential Administration Average Annual Inflation Rate Total
Cumulative Real Wage Growth
Donald Trump – 1st Term (2017–2021) 1.90% – 2.46% +7.1%
George W. Bush (2001–2009) 2.48% – 2.89% +6.6%
Bill Clinton (1993–2001) 2.61% +6.3%
Barack Obama (2009–2017) 1.39% – 1.46% +3.2%
Donald Trump – 2nd Term 2.9%-4.1% 0.0%
Ronald Reagan (1981–1989) 4.66% – 4.68%-1.1% to -3.3%
Joe Biden (2021–2025) 4.90% – 4.95% -1.5%
George H.W. Bush (1989–1993) 4.35% – 4.81% -3.9%
Jimmy Carter (1977–1981) 9.75% – 9.85% -8.1%
Gerald Ford (1974–1977) 8.11% – 8.13% Data incomplete
Richard Nixon (1969–1974) 5.66% – 6.01% Data incomplete
Lyndon B. Johnson (1963–1969) 2.58% – 2.79% Data incomplete
John F. Kennedy (1961–1963) 1.15% – 1.16% Data incomplete
Dwight D. Eisenhower (1953–1961)1.33% – 1.36% Data incomplete
Harry S. Truman (1948–1953) 3.14% – 3.57% Data incomplete
This post was edited on 11/10/26 at 10:53 am
Posted on 11/10/26 at 10:09 am to 1999
quote:
It didn’t have to be this way
Of course it did bc Trump is notorious for stepping on his own dick.
Everything was trending in the right direction in 2025, but why keep the status quo. Lets go frick it up
Posted on 11/10/26 at 10:12 am to wackatimesthree
quote:
Here's a better one with wage growth included.
Real wage growth is negative so far during Trump's 2nd term.
Posted on 11/10/26 at 10:12 am to jmarto1
quote:
People still cannot figure out that terrible covid decisions are just starting to get baked in. Economic lag is a concept that is lost on many. Hell, we cannot get people to understand supply and demand
No.
There is economic lag, but it's not 6 years.
What we are seeing is a result of the BBB starting to come in and the huge increase in spending.
It will likely be getting worse.
Posted on 11/10/26 at 10:14 am to 3down10
quote:
There is economic lag, but it's not 6 years.
Depends on the sector but certainly isn't wholesale. Covid effects are very much still in play
Posted on 11/10/26 at 10:15 am to Kattail
quote:
November will be much better since they got what they wanted. Mission accomplished
The MSM news will chant that everything will be better with more socialist sand poured into the gears of the economy.
Posted on 11/10/26 at 10:16 am to 1999
Everyone but the most Trumpartisan knew inflation was real and the tariffs and high oil prices underly the reason
Posted on 11/10/26 at 10:17 am to jmarto1
quote:
Depends on the sector but certainly isn't wholesale. Covid effects are very much still in play
Inflation is compounding so that always has an effect, but that's not the reason for the increase we are seeing now.
I said repeatedly this would happen with the BBB and got called a panican for it. Trump has an economic policy of inflation, that's a fact.
This post was edited on 11/10/26 at 10:19 am
Posted on 11/10/26 at 10:18 am to jmarto1
quote:
People still cannot figure out that terrible covid decisions are just starting to get baked in. Economic lag is a concept that is lost on many. Hell, we cannot
Or people are just starting to make up crap that makes no sense. It doesn’t take 6 years to grow a tomato. The headwinds businesses are facing today can be directly attributed to the person who made some really bad decisions over the last two years.
The nation thoroughly rejected the blame Obama, Covid, Biden, and immigrants excuses.
Scott Bessent really got on Fox News to blame immigrants for sneaking diseased cattle across the border for the rising cost of beef.

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