• finitebanjo@lemmy.world
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    18 days ago

    Reminder that Inflation peaked in June 2021, immediately following the last Trump admin, and declined since then.

    But republicans still think Joe Biden causes inflation.

    • AwkwardLookMonkeyPuppet@lemmy.world
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      17 days ago

      That’s the way it always works. The Republicans come in and give massive tax cuts to the wealthy. They cut a bunch of education and healthcare programs because they gave that money to people that don’t need it. Then they deregulate everything and let the corporations go crazy with price gouging. Then things look like they’re improving for a minute because corps start buying back all of their stocks, driving the prices up, and giving the appearance of a strong economy. But it’s not strong, it’s a consolidation of wealth at the top.

      Eventually as prices rise and wages decrease, people get fed up with the mounting pile of bullshit and vote for Democrats. The Democrats, for all their fecklessness actually try to fix some of those problems, but the problems don’t go away overnight. They continue escalating for 4 years because that’s the pace economies move at. The voters completely forget who put them in this position to begin with and blame the Democrats, so they vote Republican again.

      Right about the time the Republicans take office, the work of the Democrats starts producing results and the repubs ride that wave of success for a time, taking full credit, while rat fucking everyone except the 0.1%.

      The cycle repeats ad-nausium. People are fucking stupid.