I think this is why American populists are such a joke. They have voters(meaning you, my dear OP) who simply care about triggering the people they don't like. And that's the essence of Trumpism. There's no coherent policy agenda, no coherent plan to change things. Occasionally things line up perfectly and they do something... but usually it's just chaos.
Yet they still get more positve things done through all the chaos and incompetence than "non-populist" establishment conservatives in the pre-Trump era.
After being laid, it takes some 3-6 weeks for eggs to actually hit the shelves, so Trump literally cannot possibly be responsible for current egg prices, lol.
why the ire for high prices during Bidens time as pres then? the market faced the same constraints (supply). why the double standard?
The inflation seen under Biden was caused by far more factors than just supply chain issues.
- Supply chain issues. The one factor Biden had nothing to do with.
- Government overspending during covid. In particular the third major covid relief bill which the Biden admin passed on a party-line vote in March 2021, at a time when vaccines were rolling out at good pace, winter was almost over and relief was no longer necessary.
- Stiffling domestic oil and gas production via various EOs early in his term which signalled to producers that the government wants their business model phased out within a time frame shorter than the amortization period for new refineries/oil rigs, etc., so that they underinvested in new drilling. Production only went up toward the second half of Biden's term once the war in Ukraine sent global energy prices through the roof. Speaking of which...
- ... steering the Western world toward a response to Russia's war in Ukraine which was heavy on economic sanctions and caused major turmoil on the global energy markets.
- Enabling an influx of some 8-12 million immigrants within just 4 years certainly didn't help with the pressure on the housing market.
- His admin underestimating the emerging inflation in the summer of 2021, calling it "transitory" and letting it get fully out of control, which in turn required more drastic interest rate hikes from the FED. For reference: inflation in the US stood at a whopping 7.5% in January 2022, the last month before the economic fallout from the Ukraine war began skewing the statistics.
This post was edited by Black XistenZ on Jan 24 2025 03:55pm