Wait. Unexpectedly for who? I certainly expected it. Most people I’ve talked with are also not surprised.
“unexpectedly” is a word they use but I am not sure they know what it means.
Unexpected by whom?
Republican voters
Dumb people doing dumb things
Just snuck up on everyone without warning! 🫣
Unexpectedly?
Yiyre kidding, right? I was quite literally waiting for this news. It never wss an if, just how bad
Republicans just took power.
Not unexpected at all.
We hired one of the worst people in the world to lead us. It’s a stretch to call this unexpected.
Exactly.
Shocked pikachu face
Unexpectedly?
Somehow, inflation returned
I know I’ve seen this on several websites today. What was everyone expecting? The only think I can think of is the old trope that Republican administrations are better for the economy. I have coworkers who were basically expecting miracles once Trump got into office. Things are probably gonna be bad.
What was everyone expecting?
The ones who voted for Trump? To get their pony. And they’ll keep shutting their eyes and plugging their ears waiting for their pony until they starve to death because everyone else has already emptied the dumpster of food.
Correct me if I’m wrong, but don’t most (if not all) Republican administrations cause recessions or other damage to economies?
Every Republican presidential term in my lifetime has had a recession start. None of the Democratic ones have…
Regan; one started each term. First Bush had one in his term. Clinton had none in his 2 terms. Second Bush had a HUGE one each time (dot com and great recession). Obama had none in his 2 terms. trump had one in his first term (triggered by covid & shutdowns; which his (in)actions intensified…). Biden didn’t have one (but; just barely… and only by the official definition [NBER]; he did have two negative real GDP quarters, so one could argue this point). Now we’re starting trump’s second term, so we’ll see (it’s pretty clear we’ll have a recession within 2 years).
This isn’t really debatable unless you ignore the evidence. Stock market and real GDP growth are overall way higher under Democrat presidents. One link for reference (but many more are available): https://link.springer.com/article/10.1007/s11127-021-00912-y
Same with budget deficits, Clinton even got surpluses…
Thanks for the link.
Historically the US economy generally performs better under Democratic administrations than Republican ones. I’ve read several articles and studies that show this. I’m on mobile and don’t have the time to find them However polls show that Americans consistently have the opinion that Republican admins are better on economics. And this despite no matter how much evidence os presented.
You are not wrong, I don’t know where the other poster got their information, but Republicans almost always destroy the economy and the Democrats (kind of) fix it just in time to be blamed for the economy being bad.
The “trope” is public perception, not actual historical pattern. Every time a Republican president gets elected the exit polls are full of “economic concerns.” What that actually means is left to interpretation but so it goes.
What that actually means is left to interpretation but so it goes.
It means they think minorities had too much money.
Inflation has generally dropped significantly in most developed countries and is mostly tied to post-pandemic effects and the war in Ukraine. So if you ignore the debilitating influence of Trump, you would expect inflation to continue to drop in the US too.
The 3% rate isn’t actually all that high currently, but you’d expect it to trend up again due to tariffs, both from the actual effects and as an excuse for companies to raise prices.
Or Trump could cause a serious recession/depression, in which case inflation will drop (but you won’t be able to buy anything anyway, since you’ll have lost your job).
You are correct. And if Biden or Harris had been elected and we could he reasonably assured we’d continue on a stable path we’d probably be in a different situation. But Trump and team are a different story.
Definitely a solid onion headline worded like that.
They forgot the /s
Denial first, surprises later.
British humour.
I was thinking exactly the same thing… maybe with the exception of the 30% that actually believed his bullshit enough to vote for him… I’ve been bracing for the huge inflation bolster since he was elected…
Hell trump and musk have kind of warned us, inflation is going to get worse (and lied about it being so it can get better… ignoring the general fact that inflation is a one way street, you can’t fix it… you can only slow it down, and/or speed up wages to catch up to it)
I fucking love how there is basically only one comment on this entire post
And the dozens of people who made that comment didn’t read so much as the first part of the first sentence of the article.
US inflation increased by more than expected last month
It’s not the inflation that was unexpected, it’s the amount. You can’t get your news from headlines, people.
Yeah well these news publications are starting to blatantly insult everyone’s intelligence now. If it was really unexpected, there wouldn’t be a bunch of comments here saying “Unexpected? Really?”
Unexpectedly? By who?
Pretty sure tons of people said that if Trump takes office, inflation would skyrocket thanks to the tarrifs and all his other bullshit… This was entirely expected. It’s the result we all knew was coming if he took office.
If it were any Democrat in office right now, the media would have been pinning the blame harder than fighting games got blamed for violence in the 90s. Getting real sick of the narrative they’re spinning.
If it were any Democrat in office right now, the media would have been pinning the blame harder
If a Democrat were in office inflation wouldn’t have increased.
If a Democrat were in office inflation wouldn’t have increased.
It’s January numbers, a month Biden was in office the majority of.
Trump had already announced his policies. This was the markets pricing in those expectations. It’ll get worse if his tariffs are anything more than empty threats.
Absolutely, the moment he won is when it really started. All industries reacted and changed based on this. My friend works in the renewable energy industry, and basically, all of his projects and contracts dried up by December based off what they knew was coming. He basically does nothing for the foreseeable future except wait or get fired. Surely all this change is already seeing a real impact for January numbers.
Yep, Trump’s policies are so awful it only took 10 days to undo the progress made in the previous 20.
And what happened after he left office? Was there a surprise reveal?
And his idea to fix inflation? Cut interest rates.
Turkey did this and the value of their currency halved in value per year for two consecutive years. Imagine if in 2 years a dollar became worth only 50 cents and then a quarter. Everything would cost four times more and, if wages didn’t keep up, there would be a revolution (or at least I’d hope so).
Eggs at $32/dozen. One can only dream.
People that understand economics said that People who labor under the delusion that Republican administrations are better for the economy thought otherwise.
who ever wrote this article is a total moron. Unexpectedly? noo.
14 years of Conservative government has left the BBC senior ranks full of Tory placeholders and shills.
