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re: Inflation report is in

Posted on 11/10/26 at 9:56 am to
Posted by JohnnyMackBrown
Member since Nov 2026
195 posts
Posted on 11/10/26 at 9:56 am to
But as long as muh stonks are doin well screw all those other people
Posted by wackatimesthree
Member since Oct 2019
16072 posts
Posted on 11/10/26 at 9:57 am to

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 by BCvol
Member since Jan 2022
1078 posts
Posted on 11/10/26 at 9:58 am to
quote:

7% for upper-income adults



Posted by ClientNumber9
Member since Feb 2009
10303 posts
Posted on 11/10/26 at 9:59 am to
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 by 1999
Where I be
Member since Oct 2009
34939 posts
Posted on 11/10/26 at 10:01 am to
Eating out used to be fun pre covid. Ever since then the quality is not at all worth the price.
Posted by 1999
Where I be
Member since Oct 2009
34939 posts
Posted on 11/10/26 at 10:02 am to
Posted by northshorebamaman
Mackinac Island
Member since Jul 2009
38977 posts
Posted on 11/10/26 at 10:03 am to
quote:

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%.
“Biden would have killed for 4%,” you say, immediately before acknowledging that inflation was below 3% by 2024.

And here's the funniest part. Trump inherited the economy of 2024, when inflation was 2.9%, not 2022, when it was 8%.
Posted by Bunk Moreland
Member since Dec 2010
71760 posts
Posted on 11/10/26 at 10:05 am to
Posted by 1999
Where I be
Member since Oct 2009
34939 posts
Posted on 11/10/26 at 10:06 am to
Saw that, how depressing
Posted by JellyRoll
Member since Apr 2024
2584 posts
Posted on 11/10/26 at 10:06 am to
quote:

as long as muh stonks are doin well



If you aren't invested in Stonks you aren't doing it right.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
42426 posts
Posted on 11/10/26 at 10:09 am to
Only poor losers care about the prices.
Posted by wackatimesthree
Member since Oct 2019
16072 posts
Posted on 11/10/26 at 10:09 am to
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 by Lsut81
Member since Jun 2005
86515 posts
Posted on 11/10/26 at 10:09 am to
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 by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
42426 posts
Posted on 11/10/26 at 10:12 am to
quote:

Here's a better one with wage growth included.


Real wage growth is negative so far during Trump's 2nd term.
Posted by 3down10
Member since Sep 2014
43341 posts
Posted on 11/10/26 at 10:12 am to
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 by jmarto1
Houma, LA/ Las Vegas, NV
Member since Mar 2008
39652 posts
Posted on 11/10/26 at 10:14 am to
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 by Auburn1968
NYC
Member since Mar 2019
28201 posts
Posted on 11/10/26 at 10:15 am to
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 by SlidellCajun
Slidell la
Member since May 2019
17619 posts
Posted on 11/10/26 at 10:16 am to
Everyone but the most Trumpartisan knew inflation was real and the tariffs and high oil prices underly the reason

Posted by 3down10
Member since Sep 2014
43341 posts
Posted on 11/10/26 at 10:17 am to
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 by Motownsix
NOLA
Member since Oct 2022
3577 posts
Posted on 11/10/26 at 10:18 am to
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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