3rd Coast said:

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I was told our economy was awesome and we need cheaper interest…

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Still better than biden's.

ts5641 said:

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3rd Coast said:

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I was told our economy was awesome and we need cheaper interest…

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Still better than biden's.

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Point?

The economy is not in good place. Is anyone seeing YoY growth at their job?

flown-the-coop said:

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Capt. Augustus McCrae said:

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Guys, the DOW just hit 51,000!

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Do they not adjust Section 8 housing allowances and WIC benefits for inflation? Let us know.

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Can't speak for WIC. Vouchers are reevaluated annually by the local housing authority and based on estimated fair market rates. The authority then has the ability to set vouchers within 80-120% of published fair market rates to allow for local variance.

The same goes for rents and income thresholds in public housing and determining the portion of fair market rent you pay for public housing (the projects).

I used to sit on the board for a local public housing authority and for the final year was board Chairman.
If you ever move to a small town, block the mayors number.

3rd Coast said:

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Not sure who this is directed to specifically, but it is okay to criticize Trump and not be a liberal soy boy. Both things can be true. Trump is a narcissistic ******* who has done some good things, but often takes credit for things that he had nothing to do with. For me, his bad is starting to outweigh his good. That does not equate to me wishing any Democrat was in office.

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I have no issue and criticize Trump freely as well, particularly with respect to his rhetoric and social media posts. I wasn't directing it at you (frankly I have no recollection of your posting/political preferences) and just find the predominance of this 'affordability' concern from what I consider 'left of center' people here and elsewhere to be galactically absurd, at best.

Another doozy. The inherited “affordability crisis”, which the left loves to blame on President Trump. This was your boy’s work not ours. How convenient it is to easily forget the massive blunder known as President Joe Biden.

U.S. Inflation Growth
Biden’s first 17 months… Jan… pic.twitter.com/GMMfxVRitI

— Marshall Ray (@CMarshall7878) June 10, 2026

VP at Pierce and Pierce said:

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The economy is not in good place. Is anyone seeing YoY growth at their job?

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there's always a few...we certainly are.

I imagine large contractors building data centers are seeing significant YoY growth as well as many of the subs and product suppliers.

Fair

Giving the dems control of the congress will definitely fix inflation.

Old McDonald said:

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affordability and inflation were the top issues that got trump reelected in 2024, and since then he has done everything in his power to make the problem worse

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Worse than before (Biden era)?

Old McDonald said:

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affordability and inflation were the top issues that got trump reelected in 2024, and since then he has done everything in his power to make the problem worse

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Disagree. It was immigration control and an America First foreign policy. Surely you understand the cause and effect of illegal immigration and fraud on the economy.

army01 said:

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"Inflation like we haven't seen before. People come up to me and say, 'Sir, can we have more inflation? We're tired of winning so much!' And they love me. We're making a lot of money from prices being so high! Record number of people voting for me. I won in a landslide! And the only reason why we don't have a super majority is because the democrats rigged the election!"/Trump probably

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Big burly men with tears in their eyes.

Logos Stick said:

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Old McDonald said:

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affordability and inflation were the top issues that got trump reelected in 2024, and since then he has done everything in his power to make the problem worse

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Inflation was 2.9% during 2024. That was not the top issue driving voters.

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this was the argument the biden and harris campaigns tried to make, and it failed spectacularly. the lesson was that voters didn't really care what the headline inflation rate was in 2024, they cared that everything was less affordable.

PaulsBunions said:

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BusterAg said:

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Old McDonald said:

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affordability and inflation were the top issues that got trump reelected in 2024, and since then he has done everything in his power to make the problem worse

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This is false.

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Not really, when DC spends more than it earns they have to keep the money printer flipped on to make up the deficit. But he wanted to spend like Biden so here we are.

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Buster is correct. It's an absolutist statement that ignores reality of changes he's made that help with both topics. It's pure emotion and bias by a well known, far left-wing poster.

Regardless of the reality of the very mixed bag of Trump's actions, the optics right now are poor and not in his favor.

We are in for the ride of a lifetime. Trying to print our way out of this one is going to ruin this Country for generations.

MemphisAg1 said:

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Ouch. Not setting up well for the midterms.

It's a real issue for those not substantially invested on Wall Street and enjoying the hot market. The K-economy is real. Plenty of indicators out there about people struggling, with delinquencies for home, auto, credit card, and student loans increasing. I don't see how this gets glossed over come election time. Trump's lieutenants keep trying to spin it otherwise, but it's not working.

I don't want to see the Dems take Congress, but it's getting harder to see how we avoid that outcome.

Maybe if they keep nominating far left nuts like Talarico and Platner it will help the cause, but at some point people hold their nose and vote for the party out of power when their pocket book is hurting.

https://www.cnbc.com/2026/06/10/cpi-inflation-report-may-2026.html

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now explain how the Democrats kept the Senate and only lost a handful of seats in the 2022 midterms with

The inflation rate in October 2022 was 7.7% year-over-year.

This marked a decrease from the previous month's rate of 8.2%.

Core inflation, excluding food and energy, was 6.3%.

Employer is doing well on metrics. My last raise outpaced inflation.

I'm also not one of legions of economically illiterate that keep chasing the Jones's with my vehicle financing and cell phone/data plan purchases which is where I believe most of of the discretionary caah for the working class is actually disappearing.

BigRobSA said:

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Many things can be true at once:

-we're better off than under a Biden or Harris administration
-Trump hasn't helped the economy with tariffs, BuildBackBetter2, sustained/increased spending, no real tax cuts (extensions don't count), increased energy prices...temporary, or not....not massively deregulating markets, etc. But people forget that he's NOT a conservative, he's a liberal, just not a progressive one.
-Trump has been wonderful on immigration
-Trump has been pretty good internationally, too. Not "great", but pretty solid, overall.
-He's brought the U.S. back into the realm of asskicker.

But, the economy isn't really as strong as his cheerleaders say it is, not for the common folk. Better than Biden? Yes. Not a yuge feat, there. That argument is truly indicative of low intellect, honestly.

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Good summary but I'll still maintain that tariffs are a nothing burger and meaningless in either direction depending on your take. We've collected somewhere between $200-300B since Liberation Day and up to half of that has to be refunded now.

It's a rounding error that changes nothing.

Obviously, tariffs were partially an alternate to spending cuts since we have declared we are not going to cut any spending. They were never going to be successful and are a distraction at best. Frankly, they aren't even that anymore because they don't amount to much.

VP at Pierce and Pierce said:

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The economy is not in good place. Is anyone seeing YoY growth at their job?

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No.

The Boomers however cannot stop crowing about how great the job situation is.
Probably because they all look at the same place - the HVAC and plumber jobs.

K2-HMFIC said:

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Inflation is bad because of Iran and tariffs.

Sometimes it really is that simple.

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He should have kept all food products tariffs at 0% and Canadian oil at 0%

That would of helped inflation.

I do not think he had a choice on Iran, I think he had two options, do it now and get it over with this year and risk the midterms or wait until after the midterms and risk losing the 2028 Presidential election

I think he picked the right option

That said this war should be over with but he is dragging ass and now looks like a weak fool, that is not sitting well with his base and he could not afford to lose any of his base.

Longer this war drags on the more risk you have of losing the senate, you cannot afford to lose the senate. House is fine, Dems will use their time on impeachments and not get anything done, and the house will easily swing back to Rs in 2028. The senate will be hard to win back and they get 6 years.

Old McDonald said:

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affordability and inflation were the top issues that got trump reelected in 2024, and since then he has done everything in his power to make the problem worse

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Which means we should give power back to the Democrats so that can kill off anything that still lives.

Sounds like a great strategy.

Waffledynamics said:

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This might be a stupid question, but can the Fed enact a controlled, mild deflation to reverse any of this? I understand somewhat that a deflationary spiral would be catastrophic, but can they somehow do it mildly and avoid the negative consequences?

Our government just will not stop printing money.

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A deflationary spiral is a myth to scare people into accepting the 2% annual wealth theft rate inflation rate.

It's predicated that people will stop spending because they expect prices to continue to fall which is a false premise.

BTKAG97 said:

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Waffledynamics said:

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This might be a stupid question, but can the Fed enact a controlled, mild deflation to reverse any of this? I understand somewhat that a deflationary spiral would be catastrophic, but can they somehow do it mildly and avoid the negative consequences?

Our government just will not stop printing money.

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A deflationary spiral is a myth to scare people into accepting the 2% annual wealth theft rate inflation rate.

It's predicated that people will stop spending because they expect prices to continue to fall which is a false premise.

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I guess we've collectively forgot about 2007-2009.

Old McDonald said:

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affordability and inflation were the top issues that got trump reelected in 2024, and since then he has done everything in his power to make the problem worse

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Oddly enough, you blamed Trump when it happened then too.

Quote:

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Outside of energy, the report told a different story. Core prices, which strip out food and energy, rose 0.2 percent in May and 2.9 percent from a year ago, coming in below the 0.3 percent monthly forecast. Core commodities prices declined 0.1 percent during the month. Chris Rupkey, chief economist at Fwdbonds, agreed:

Quote:

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"The inflation risks for core consumer goods are in retreat for now."

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Food prices rose 0.2 percent in May and were up 3.1 percent year-over-year, with groceries up 0.1 percent and restaurant prices up 0.3 percent.

Markets were already moving before the report was released. President Trump posted on Truth Social that Iran had taken too long to negotiate a peace deal and would "pay the price," sending oil prices higher and pushing stock futures further into negative territory.

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Redstate link.

Oil prices and inflation under Biden were MUCH higher due to his own policies that he willfully enacted.

Oil prices and inflation being up under Trump are due to things has either been forced to do or felt he had to do due to the inactions and failures of previous multiple POTUS.

Big difference.

HTownAg98 said:

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BTKAG97 said:

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Waffledynamics said:

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This might be a stupid question, but can the Fed enact a controlled, mild deflation to reverse any of this? I understand somewhat that a deflationary spiral would be catastrophic, but can they somehow do it mildly and avoid the negative consequences?

Our government just will not stop printing money.

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A deflationary spiral is a myth to scare people into accepting the 2% annual wealth theft rate inflation rate.

It's predicated that people will stop spending because they expect prices to continue to fall which is a false premise.

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I guess we've collectively forgot about 2007-2009.

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Please provide evidence of a deflationary spiral during that time period.

NM, I think I misunderstood the point you are making. Correct, CPI had a small negative value in 2009 and there was no deflationary spiral.

Old McDonald said:

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affordability and inflation were the top issues that got trump reelected in 2024, and since then he has done everything in his power to make the problem worse

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You and anyone that agrees with this are those people that aren't invested and have no capital. Non- producers.

Imagine thinking the solution is to vote for communism.

Thats why you are where you are.

Jack Boyette said:

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Old McDonald said:

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affordability and inflation were the top issues that got trump reelected in 2024, and since then he has done everything in his power to make the problem worse

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You and anyone that agrees with this are those people that aren't invested and have no capital. Non- producers.

Imagine thinking the solution is to vote for communism.

Thats why you are where you are.

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"Communism is when you have a problem with government keeping the money printer turned on to pay for it spending more than it earns"

stallion6 said:

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Old McDonald said:

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affordability and inflation were the top issues that got trump reelected in 2024, and since then he has done everything in his power to make the problem worse

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Disagree. It was immigration control and an America First foreign policy. Surely you understand the cause and effect of illegal immigration and fraud on the economy.

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there's no disagreement to be had, you're just wrong. economy/inflation was consistently the #1 issue across pre election surveys and exit polls.

Here is a quote I never thought I would hear coming out of the White House. I can only imagine it being featured in campaign ads going forward.

https://www.cnbc.com/2026/06/10/trump-inflation-cpi-iran-oil.html

Quote:

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Trump says 'I love the inflation' after consumer price index hits 3-year high

• President Donald Trump on Wednesday said, "I love the inflation" after being asked if he was concerned about new consumer price index data.
• CPI showed the annual inflation rate at 4.2%, a three-year high.

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BTKAG97 said:

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Old McDonald said:

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affordability and inflation were the top issues that got trump reelected in 2024, and since then he has done everything in his power to make the problem worse

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Which means we should give power back to the Democrats so that can kill off anything that still lives.

Sounds like a great strategy.

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Democrat Presidents have almost always been better than Rs at managing the U.S. economy. This has been true for decades, and it remained true even during the Biden 4-year term. Every economically educated honest person understood how the unwinding and rebound effect of the world economy after the ending of Covid pandemic was going to cause inflation. Post-Covid, pent-up demand exploded immediately while supply chains and manufacturers and raw materials industries went through the slow but steady process of ramping up production and transit of goods again.