Quote:
Originally Posted by Tiny
He'll be hard pressed to fuck up things worse than Biden and the Democrats did in 2021 and 2022, but he may just be up to the task.
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I doubt it, at least when it comes to the inflation rate.
Biden and the Democrats inherited a 12-month CPI increase of only 1.4% when they assumed office in January 2001. They very quickly exploded it to a peak of 9.0% by June 2022.
From there, the pace of consumer price inflation began to slow again as the Fed woke up and belatedly tightened the monetary reins. Trump inherited a rate of 3.0% when he returned to the White House in January 2025. The most recent CPI report (for September 2025) put the annual rate at 3.0%, the same as it was on Inauguration Day.
To fuck things up as badly as Biden and the Dems did, Trump and his team would have to TRIPLE the current annual rate of inflation by driving it back up to 9%. I don't see them promoting ANY mix of policies (fiscal, monetary, tariffs, energy etc.) that would be that reckless and irresponsible.
Sure, Trump's tariff policy blunders might add as much as a full percentage point to the current inflation rate. But that pales in comparison to the damage wrought by the Biden team's insane 2021-22 spending spree, which exploded the inflation rate by over 7 percentage points in less than 18 months.