• BombOmOm@lemmy.world
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    19 hours ago

    If a Democrat were in office inflation wouldn’t have increased.

    It’s January numbers, a month Biden was in office the majority of.

    • futatorius@lemm.ee
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      17 hours ago

      Trump had already announced his policies. This was the markets pricing in those expectations. It’ll get worse if his tariffs are anything more than empty threats.

      • HeyJoe@lemmy.world
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        16 hours ago

        Absolutely, the moment he won is when it really started. All industries reacted and changed based on this. My friend works in the renewable energy industry, and basically, all of his projects and contracts dried up by December based off what they knew was coming. He basically does nothing for the foreseeable future except wait or get fired. Surely all this change is already seeing a real impact for January numbers.

    • Cort@lemmy.world
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      18 hours ago

      Yep, Trump’s policies are so awful it only took 10 days to undo the progress made in the previous 20.