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this post was submitted on 09 Nov 2024
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No Stupid Questions
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Inflation was on the rise before Trump left office. It continued under Biden for the first two years of his term, but he managed to get key legislation passed in that span of time that has measurably reduced inflation. It's still not back down to what it was pre-pandemic, but we are leading almost every other western democracy in that metric. It really is incredible that people are giving Biden shit for the economy when he is actively fixing the problem, and it shows that the Democrats have a tremendous failure in their ability to do effective messaging.
If it doesn't feel like inflation has been improved under Biden, that's because the price you pay at the gas pump or the grocery store has more to do with what they chose to set their prices at than what the current rate of inflation is. The "vibe economy" is real, but they aren't casting the blame for it at the right people. For once, government did it's job. Who knows if the current trend will continue under Trump, but given that he set off the massive inflationary spending spree by injecting a ton of cash into a booming economy with stimulus checks, I imagine he's not going to care much about the fundamentals of a healthy economy and will instead do whatever makes his donors happy.