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0 pointsfabian2k5mo ago0 comments

Not going to defend the messaging here, they really didn't do a good job. But the US was doing better than most western countries and inflation was getting lower.

Problem is, the inflation that already happened was still there. And that part is what people notice immediately.

But right now, a part of what is happening is that Trump has been blowing up parts of the economy with his tarrifs and erratic actions. The effect of that is still happening and likely will get worse.

0 comments

throwaway484765mo ago

Over the last 30 years the most inflated spending category is education and healthcare, which are arguably the least import dependent.

ThunderSizzle5mo ago

And housing... which also isn't import dependent, necessarily.

acdha5mo ago

Both depend heavily on immigrants, however, both for staffing and in the case of education for the students paying full-price tuition and effectively subsidizing everyone else.

throwaway484765mo ago

Immigration has only made it more expensive, as shown by the increase in both price and immigration.

1 more reply

izacus5mo ago

Yes, that's exactly the gaslighting I'm talking about :)

j / k navigate · click thread line to collapse

0 pointsfabian2k5mo ago0 comments

Not going to defend the messaging here, they really didn't do a good job. But the US was doing better than most western countries and inflation was getting lower.

Problem is, the inflation that already happened was still there. And that part is what people notice immediately.

0 comments

throwaway484765mo ago

Over the last 30 years the most inflated spending category is education and healthcare, which are arguably the least import dependent.

ThunderSizzle5mo ago

And housing... which also isn't import dependent, necessarily.

acdha5mo ago

Both depend heavily on immigrants, however, both for staffing and in the case of education for the students paying full-price tuition and effectively subsidizing everyone else.

throwaway484765mo ago

Immigration has only made it more expensive, as shown by the increase in both price and immigration.

1 more reply

izacus5mo ago

Yes, that's exactly the gaslighting I'm talking about :)

j / k navigate · click thread line to collapse