For the past two years, Donald Trump has spread fear about the state of the United States and championed himself as the only man capable of saving the country from itself. Only he could bring down the price of groceries and gas. Only he could fix the broken health care system. Only he could fix the broken immigration system. Only he could end the wars in Ukraine and in the Middle East.
Now that the voters have drunk the Kool-Aid, the jig is up. The grift is over and the prize of the presidency is won. But will the buyers of the golden sneakers have buyer’s remorse? I suspect that for all but the most cult-following MAGA lemmings, the answer to that question is yes.
Despite two years of constant finger-pointing at the Biden administration for rising grocery prices that were actually decreasing during that time, since the election, Trump has gone dead silent on the issue of working class cost of living issues. His only comment on grocery prices was during his interview with Time magazine for his man of the year article in which he admitted that there isn’t much he can do to bring grocery prices back down to the levels of 2019. Economically, the only thing that will do that is a strong recession that no one wants. He has said virtually nothing about the cost of gasoline, in large part because the prices were already falling to four-year lows before the election and have continued to fall since.
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The prices have not been decreasing, the rate of increase has been decreasing. But grocery prices were and are still going up. Source: the article you linked.
Everything goes up. That’s inflation. It’s part of a healthy economy.
You don’t want prices to go down. Prices going down is deflation. Money stagnates as businesses and individuals sit on cash because any investment is bound to lose, and stagnating money is devastating to an economy.
You do want prices that were part of a bubble to go back down to sustainable levels, that isn’t deflation it’s market correction. The bubble created by the pandemic and supply side restrictions isn’t natural or part of regular healthy inflation. Excessive inflation is just as bad as stagnant money for an economy, it just looks healthier on the outside until the moment it keels over.