Unexpectedly?
this post was submitted on 12 Feb 2025
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Even the Spanish Inquisition was blindsided by this.
Unexpectedly?
I know I've seen this on several websites today. What was everyone expecting? The only think I can think of is the old trope that Republican administrations are better for the economy. I have coworkers who were basically expecting miracles once Trump got into office. Things are probably gonna be bad.
Correct me if I’m wrong, but don’t most (if not all) Republican administrations cause recessions or other damage to economies?
Every Republican presidential term in my lifetime has had a recession start. None of the Democratic ones have...
Regan; one started each term. First Bush had one in his term. Clinton had none in his 2 terms. Second Bush had a HUGE one each time (dot com and great recession). Obama had none in his 2 terms. trump had one in his first term (triggered by covid & shutdowns; which his (in)actions intensified...). Biden didn't have one (but; just barely... and only by the official definition [NBER]; he did have two negative real GDP quarters, so one could argue this point). Now we're starting trump's second term, so we'll see (it's pretty clear we'll have a recession within 2 years).
This isn't really debatable unless you ignore the evidence. Stock market and real GDP growth are overall way higher under Democrat presidents. One link for reference (but many more are available): https://link.springer.com/article/10.1007/s11127-021-00912-y
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You are not wrong, I don't know where the other poster got their information, but Republicans almost always destroy the economy and the Democrats (kind of) fix it just in time to be blamed for the economy being bad.
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Somehow, inflation returned
Denial first, surprises later.
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Who could have expected this
That article is carrying a lot of water for the Trump administration. Nobody knows why prices are going up!
Import tariffs are explicitly inflationary. Even the rhumor of them is arguably inflationary. Lowering the interest rate (which Trump is currently in the midst of bullying the Fed chair into doing ) is also explicitly inflationary.
All of the things he has done that actually pertain to inflation have been to increase it.
Yeah, which is why this is a bad article from the BBC. The headline should be, Trump Causes Inflation.
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The only thing unexpected here is the bad headline. Simply using the first sentence would be more accurate and meaningful
What's unexpected about it? We re-elected a twice impeached anti-democratic felon rapist who utterly failed his last term.
Every American who could rub brain cells together warned this would happen.
Unfortunately, those people represent a minority in The Divided States of Dumbfuckistan.
sounds like BBC is doing damage control for mango mussolini.
the "unexpected" part is that the 3% is above the expected 2.9% rate. they're being coy; the title implies the increase is unexpected while the text shows it's just a tenth of a point above the rate that was expected.
the editors are not uneducated people. I bet they speak English pretty well. the wording is deliberately misleading.
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There's nothing unexpected about it. Have they not been paying fucking attention to what the Orange Jackass had been doing to is?
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Unexpectedly? By who?
Pretty sure tons of people said that if Trump takes office, inflation would skyrocket thanks to the tarrifs and all his other bullshit... This was entirely expected. It's the result we all knew was coming if he took office.
If it were any Democrat in office right now, the media would have been pinning the blame harder than fighting games got blamed for violence in the 90s. Getting real sick of the narrative they're spinning.
If it were any Democrat in office right now, the media would have been pinning the blame harder
If a Democrat were in office inflation wouldn't have increased.
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Republicans just took power.
Not unexpected at all.
"Unexpectedly"? Everyone but the MAGA idiots expected it.
We hired one of the worst people in the world to lead us. It's a stretch to call this unexpected.
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Unexpectedly?
Yiyre kidding, right? I was quite literally waiting for this news. It never wss an if, just how bad
Then those interviewed and writing this article are idiots. 2024 article.
Yet most mainstream economists say Trump’s policy proposals wouldn’t vanquish inflation. They’d make it worse. They warn that his plans to impose huge tariffs on imported goods, deport millions of migrant workers and demand a voice in the Federal Reserve’s interest rate policies would likely send prices surging.
Sixteen Nobel Prize-winning economists signed a letter in June expressing fear that Trump’s proposals would “reignite’’ inflation, which has plummeted since peaking at 9.1% in 2022 and is nearly back to the Fed’s 2% target.
The Nobel economists noted that they aren’t alone in sounding the alarm.
Wait. Unexpectedly for who? I certainly expected it. Most people I've talked with are also not surprised.
Shocked pikachu face
!leopardsatemyface@lemmy.world
Good job on voting to cancel out Joe Biden’s monopoly breakup because he didn’t do it fast enough
"If things aren't good enough, we should make them worse to teach those layabouts a lesson!" - People who have no intention of suffering the consequences of their actions
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I fucking love how there is basically only one comment on this entire post
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“Unexpectedly”
If it’s anything to me, it’s unexpectedly low.
"unexpectedly" is a word they use but I am not sure they know what it means.
unexpectedly
From the BBC? Wow!
I can mentally hear exactly why the inflation is rising in the voice of good ol' dear David Attenborough.
When will we start seeing stickers at gas pumps and at grocery's saying "Trump did this".
How about flags saying "Let's Go Eric" as an answer to all the let's go Brandon flags
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