So much easier when you can just cut out the middle man and make up the facts as you go
trump immediately dropped talking about grocery/eggs after he won.
I don’t understand how it’s legal; for the country’s elected leader, to just outright lie and gas light, ALL of the time !
The US rule of law is gone. The trump regime violates the constitution daily, breaks laws daily, and has violated court rulings and judges’ orders. The supreme court is corrupt and has allowed him get away with anything.
NazisRepublicans in congress are corrupt and refuse to check or limit the president’s power.Masked men in plain clothes are kidnapping innocent people off the streets daily and denying them a lawyer or due process. They are literally terrorists.
It may well be, but when has the law ever applied to dumpy?
Who enforces these laws he breaks? I think the wealthy having no laws has been the main problem in the United States for my entire lifetime. That and popular vote not meaning anything
When you own the news, or what morons think is news, so no one calls you out
Who’s to say this is a lie? The ministry of truth? /s
I understand your frustration, but he was an inveterate liar before he was elected the first time. So, at least a plurality of the voting public don’t see that as much of a negative.
Inveterate… I had to look up a new word today. Thank you
Half of the record high stock market is because the dollar value has gone to all time lows, so it looks good only for usd.
The other half is because the stock market is based on vibes and doesn’t actually follow any pattern
and the AI bubble which, once popped, will bring down the US economy twice as hard as the 2008 housing crisis did
In USD amounts, it’s 4 times the size of the mortgage bubble and 15 times the size of the dot-bomb. Or, so I’ve heard.
Let’s start with the boldest claim first — it’s that AI is not just in a bubble, but one 17 times the size of the dot-com bubble, and even four times bigger than the 2008 global real-estate bubble.
I paid ten bucks on sale for a couple turkey boobs. That’s not a good price for that.
Let’s talk about tariffs. I bought a $6 hair clip on Amazon a couple days ago. Imagine my astonishment when the total came to $25. 🤯
The health of the stock market is not an indicator of inflation in any way. In fact, corporate profit gouging would exacerbate inflation, while creating higher profits that would increase the stock price.
The president doesn’t have to be an economic genius, he can hire people for that, but they should at least understand the basics of how the economy works. Of course, if you have operated on the wrong side of the law for your entire life, you have no actual experience in real world business.
It’s very clear that the majority of Americans don’t pay close attention to prices when they shop. I was raised to save as much money as possible and ONLY buy store brand or food on sale, so i’ve been closely checking prices for over 20 years.
The last year has been DRASTIC. Red meat has gone up 40-60% where i live, pork has gone up 10%, chips have gone up 20%, chicken has only gone up 5% luckily. Egg prices don’t matter cause most of those fluctuations were caused by avian flu, not inflation.
I don’t drink coffee, but most american’s do, Prices on coffee have gone up 100%.
Also those who track sales, beer went up about 5% to counteract the aluminum tariffs as we only supply 6% of the global aluminum supply. So i’d imagine all canned items will go up once aluminum reserves are gone at manufacturers and they have to restock. They also don’t put these on sale as often and if they do, it’s only $1 off, not the usual $3 or $4 off.
This is all on top of the fact the majority of americans are seeing 10-40% increases on insurance premiums for their cars and homes, energy bills are skyrocketing, water bills have gone up at least 10% in my area, Health insurance is about to double or TRIPLE for millions with the Big Bill Act the GOP passed.
2026 is going to be record prices across the board, so i hope everyone’s been saving since 2024 when they saw Donald was going into office.
Coffee prices have also doubled or nearly doubled in most of Europe. So has cocoa. If climate change keeps hitting those crops they’re going to be unattainable luxuries soon enough.
Good luck to you all in the US, soon enough you’ll be back on pioneer diets.
Wtf are you talking about. Coffee prices have not doubled this year in Europe, that’s an outrageous claim. 25% at most, and that is itself already a totally absurd level of inflation.
I was in Europe last week and I’ll be there again next week- what are you talking about?
https://tradingeconomics.com/commodity/coffee
https://tradingeconomics.com/commodity/cocoa
The price on store shelves lags behind by a few weeks/months.
It’s not a US-only phenomenon that those prices rose a lot, that’s all I was saying.
I disagree that Americans don’t pay attention to prices. Americans paying attention to prices was one of the biggest reasons why Biden lost. Biden and Harris were claiming that they’d beat inflation, that the economy was great, that America was on the right track and Harris just needed to continue Biden’s policies - and Americans looked at their grocery bills and didn’t buy it.
And that’s what gives me a certain amount of hope in 2026. Because if people are going to bed hungry - and they will be - no amount of shitposting by Donnie and his cronies is going to convince them they’re full.
prices are about perception. just like politics.
people’s understanding of prices has very little to do with economic reality. and yes, Harris royally fucked up by insisting that broad econonomic indicators being good meant that it was good for the average citizen. Truth is the american economic is great if you are in the upper middle class or better and since the democratic doner base is often wealthier liberals… so it’s total blind spot for them. Harris was not listening to with auto workers in the Midwest… hence Trump got their votes because he was listening to them.
prices are about perception
Not when the cost of your food exceeds the amount of money in your bank account.
that’s why you go to food banks. or calorie count to maximize your calories per dollar. i’ve been there.
but things cost what they cost. whether you think they should cost that much… that’s the perception. a lot of USA foodstuffs are highly subsidized and others are not. Red meat is a luxury food and is priced accordingly and if anything it’s still underpriced vastly compared to it’s true cost.
Pork and chicken are much cheaper. I can get a whole chicken for $2/lbs… do that’s mostly what I eat for protein these days. I’d be insane if I was buying red meat at the $15-25/lb it costs. but i also thought it was insane back when it was only 10/lb.
If you are buying lobster or other high priced foods while financially struggling… that’s just making bad choices.
Red meat is a luxury food and is priced accordingly
Its really not. If you look at the beef industry profit margins in the last 6 years, they got supercharged during and after the pandemic because they realized that due to the restrictions placed on imports they could charge whatever they wanted for beef.
https://www.ers.usda.gov/topics/animal-products/cattle-beef/statistics-information
Beef consumption rates haven’t changed much at all in the last 20 years. Yet profit margins have more that doubled.
Chicken price increases at least have the excuse of the bird flu epidemic wiping out millions of birds in a really short period of time.
You know what this shit reminds me of? North Korea.
Yes, all of the nation is well fed. Uh huh. Sure
North Korea.
https://en.wikipedia.org/wiki/Bombing_of_Pyongyang
The bombing of Pyongyang was conducted as part of a gradual and sustained United Nations Command aerial bombing of North Korea during the Korean War. The first bombing raid targeting Pyongyang occurred on June 29 1950, four days after North Korea’s invasion of South Korea. By the time of the armistice in July 1953, 75 percent of Pyongyang’s area had been destroyed.
Gotta remind me which major US city endured this kind of bombardment.
https://en.wikipedia.org/wiki/1990s_North_Korean_famine
The famine stemmed from a variety of factors. Economic mismanagement and the loss of Soviet support caused food production and imports to decline rapidly. A series of floods and droughts exacerbated the crisis. The North Korean government and its centrally planned system proved too inflexible to effectively curtail the disaster. North Korea attempted to obtain aid and commercial opportunities, but failed to receive initial attention
Or which US states suffered from a combination of regional depression, natural disaster, and global embargo to justify the skyrocketing cost of food.
Yes, all of the nation is well fed. Uh huh. Sure
The difference between the US and NK is that in North Korea in the late 90s, there was quite literally not enough food to support the population.
The US doesn’t have that problem. We are in full on Grapes Of Wrath territory.
The works of the roots of the vines, of the trees, must be destroyed to keep up the price, and this is the saddest, bitterest thing of all. Carloads of oranges dumped on the ground. The people came for miles to take the fruit, but this could not be. How would they buy oranges at twenty cents a dozen if they could drive out and pick them up? And men with hoses squirt kerosene on the oranges, and they are angry at the crime, angry at the people who have come to take the fruit. A million people hungry, needing the fruit- and kerosene sprayed over the golden mountains. And the smell of rot fills the country. Burn coffee for fuel in the ships. Burn corn to keep warm, it makes a hot fire. Dump potatoes in the rivers and place guards along the banks to keep the hungry people from fishing them out. Slaughter the pigs and bury them, and let the putrescence drip down into the earth.
There is a crime here that goes beyond denunciation. There is a sorrow here that weeping cannot symbolize. There is a failure here that topples all our success. The fertile earth, the straight tree rows, the sturdy trunks, and the ripe fruit. And children dying of pellagra must die because a profit cannot be taken from an orange. And coroners must fill in the certificate- died of malnutrition- because the food must rot, must be forced to rot. The people come with nets to fish for potatoes in the river, and the guards hold them back; they come in rattling cars to get the dumped oranges, but the kerosene is sprayed. And they stand still and watch the potatoes float by, listen to the screaming pigs being killed in a ditch and covered with quick-lime, watch the mountains of oranges slop down to a putrefying ooze; and in the eyes of the people there is the failure; and in the eyes of the hungry there is a growing wrath. In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage.
That’s cool and all, but I’m mostly talking about how the government, specifically it’s leader, makes blanket statements about the health and happiness of the population, and there’s not only conflicting reports but actual evidence that some people in NK are actively starving.
This was to allude to the fact that Trump is acting like an authoritarian dictator.
The suffering of the North Korean people not withstanding.
I won’t argue that some crappy shit went down for them, but that wasn’t what I was trying to imply with my comment at all. I’m making a correlation between the current lies that we can factually disprove, being said by the government/leader of NK, and the same kind of lies coming from the government/leader of the USA.
By no means am I saying that the people of the USA, have it as bad as the people in North Korea.
I’m mostly talking about how the government, specifically it’s leader, makes blanket statements about the health and happiness of the population
Sure. Why fixate on material conditions when you can complain about rhetoric?
I’m making a correlation between the current lies that we can factually disprove, being said by the government/leader of NK, and the same kind of lies coming from the government/leader of the USA
I see so many outrageous claims aimed at NK. There’s an entire cottage industry of people coming over to the US to spin insane stories full of blatant falsehoods, and Americans eat it up.
Google “Yeomni Park” for the highlights reel.
How do you decouple that from a critique of US propaganda?
Nah. I’m good.
I’m not here to convince you that my off the cuff remark is valid. If you disagree, that’s cool.
I can’t think of anything I could care less about right now than whatever chip you have on your shoulder about North Korea.
Believe what you want. The comment was supposed to be desparaging to the president of the USA… And spoiler… I’m not a US citizen. I don’t even live there.
Neat, huh?
Have a good day.
I’m not here to convince you
I’m glad to hear it. I was worried.
Have a good day.
I think you might be replying to the wrong comment. Not sure.
US egg production is now at record levels. So much for supply-demand economics they taught you in grade 8. All that assumes a free market, which is the biggest lie in economics.
Yeah my eggs are definitely cheaper than when he took office, but I don’t vote for a president for the price of one commodity.
Eggs are cheaper because the flock had been restored from the influenza cull. Nothing to do with any politician.
I understand that. But the post title says eggs are double and gas is still rising. That hasn’t been my experience.
His followers can’t read or understand any actual financial literacy sources. So they just choose to believe what he says. Trump says Stocks are up…okay. Trump says prices are down…great. Why bother looking at the financial section of literally any newspaper when it’s just going to lie to you and make your brain hurt because they hate dear leader?
Then why the fuck is a single pack of shitty instant ramen a whole fucking dollar, Donny? They were literally ten cents literally only four god damned years ago. That should be our only barometer of market success, how much it costs to buy a single pack of shitty instant ramen.
You’re a genocide voter. You deserve the dictatute you wished for foreigners coward
Bro what, where did this come from. Bot?
what
You see:
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Ramen expensive bc bad economic policy
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want cheap ramen tho
-
???
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youre a genocide voter
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you deserve the dictatute (?), foreigners coward
- Your country bombs foreigners for breakfast
And what country are you from?
Western papooasia. Why?
You don’t even know how to spell the name of where you live and you expect us to think your political takes hold any validity?
-
God damn, my four month old comment about how there is more than one problem throughout history really triggered your stupid tanky ass, huh?
Yea suck my mantwat
What’s the response you were hoping for with that?
Are you retarded
More like psychopath really. I always dreamed of doxing a lemmy bitch, find him, lock him up in a basement with me, a kilo of crack cocaine and a blowtorch
So, yeah, retarded.
Who hurt you?
Your mum. She broke my pp with her tiny bhole.
Don’t laugh I’m in insufferable pain
That sounds like something she would do. What a skank.
No inflation and price still the same would be true. But no more inflation doesn’t cancel out previous inflation, it just means its not getting any worse. Your quality of life has fallen, it will now remain this bad for a little while before dropping again shortly.
I can’t eat stock markets so that is useless.
inflation also increased wages substantailly. if you didn’t get an increase you should have changed jobs to get one. 5 years ago things were cheaper sure, but mc donlands wasn’t paying 15-25/hr 5 years ago either, it was more like 10.
Unless wage growth outpaces inflation, those wage increases don’t actually improve quality of life.
https://www.statista.com/statistics/1351276/wage-growth-vs-inflation-us/
wage growth has exceeded inflation the past 3 years.
Averages and pretty pictures are nice, but context matters. From that page you just linked:
Despite the level of wage growth reaching 6.7 percent in the summer of 2022, it has not been enough to curb the impact of even higher inflation rates. The federally mandated minimum wage in the United States has not increased since 2009, meaning that individuals working minimum wage jobs have taken a real terms pay cut for the last twelve years. There are discrepancies between states - the minimum wage in California can be as high as 15.50 U.S. dollars per hour, while a business in Oklahoma may be as low as two U.S. dollars per hour. However, even the higher wage rates in states like California and Washington may be lacking - one analysis found that if minimum wage had kept up with productivity, the minimum hourly wage in the U.S. should have been 22.88 dollars per hour in 2021. Additionally, the impact of decreased purchasing power due to inflation will impact different parts of society in different ways with stark contrast in average wages due to both gender and race.
Wage growth exceeding inflation for a bit recently doesn’t make up for the preceding decades of wage stagnation, and even if it did, wages still haven’t grown fast enough in the past few years to catch up to inflation. So my original point still stands - unless wage growth outpaces inflation, it doesn’t actually lead to an improvement in quality of life.
wage growth isn’t universal or even, in some industries it exploded, in others it has gone negative. if you want a livable wage… you don’t go into teaching for example. i wanted to teach but i saw that that job would stagnate so I didn’t pursue it.
if you want higher wages you have to move jobs or locations. that’s always been true of american life. the government isn’t going to jack wages to 30/hr ever. esp not the feds, but some states have made big improvements. not to mention you are not suppose to stay in a minimum wage job.
Why shouldn’t teachers make a livable wage? Why shouldn’t the minimum wage be a livable wage? What do you think the term “minimum wage” originally meant?
Make your definitive and sweeping statements if you want, but all it’s showing is that you don’t understand economics or history.
they should, but they don’t. you can’t build a future on what should be. you build it on what is. you have to go where the money is if you want to make money. should artists be paid more too? if you want a financially stable life you don’t pursue art.
I live in reality man. I don’t live in this lemmy revolutionary mindset that one day soon things will magically get better and everyone will become a communist/socialist and low wage menial jobs will suddenly be lucrative. I’ve also known plenty of ‘leftists’ who once they get 35 or own property… become rabid capitalists. funny how economic reality tends to defeat people’s youthful idealism once they stop being young and have to pay their own way in life. a lot of the ‘anti capitalist anarchist’ i know who went on about how landlords were evil… now own multiple properties and complain about their tenants not paying enough rent and keep jacking the rates 5-10% every year.
most of the former teachers I known have all quit because they wanted a livable wage. They mostly went into publishing or technology or healthcare. If they were women and they married a wealthy guy so they could continue to teach. Part of the reason there are so few male teachers anymore is because men can’t expect to find a partner to pay their bills for them, they are expected to pay the bills, and they understand teaching doesn’t pay the bills anymore.
Many of us are struggling and there are no jobs around that pay over $40 an hour, these types of statistics are useless for the regular working american. Wages have not kept up with the cost of living at all.
I understand that. Sounds like you have to move then. If opportunity is not available in your town, you have to go to where it is.
Exactly why I left my hometown and never ever returned. There is no economic opportunity there. Most everyone who stayed there works for their parents business or took it over. There were no good jobs there and the residents actively vote against any/all economic development because they like living in a economically stagnate place and being dependent on state/fed money for basic services like water, sewer, and schools.
Of course not everyone got that raise, plenty of places are still paying those low wages but working people still have to eat inflation. And if you’re on a fixed income from a pension or social security you’re hosed.
my mom is on ss and her payment went up like 20% in '23
I drive every day past a house that still has one of those “TRUMP LOW PRICES KAMALA HIGH PRICES” fucking signs in their front yard. To add to it, the family that lives there is black and the house is part of a government housing project provided by Delaware Country. Sometimes I think about what it would be like to be inside that house and listening to the people there talking, and I shudder.
A lot of hurrdurring going on there.
Meanwhile the dollar is crashing worldwide, our allies are now isolating us, and federal troops are shooting citizens!
So much winning it’s hard to keep up!!
As someone who lives in Canada:
We’ll fucking do it again too.
Project 2025 was a success, good job MAGAts the future is a lot clearer… Cleansed of intelligent life
