Why do Republicans now think it's okay to pay more for everything? [View all]
President Donald Trump campaigned in 2024 on the false notion that the policies put in place by President Joe Biden (along with Vice President Kamala Harris) had created economic chaos and out-of-control inflation.
This was untrue. In fact, economic data showed that conditions improved in most categories under Biden. Unemployment rates improved, especially in contrast to the economic downturn that occurred under Trump’s mishandling of the 2020 coronavirus pandemic. Regardless, Trump promised to fix all of the purported problems—like soaring egg prices—on “Day 1” of his presidency.
That didn’t happen and in recent weeks, economic conditions have worsened. Trump’s actions since he was sworn in on Jan. 20, from slashing the federal workforce via Elon Musk’s so-called Department of Government Efficiency to his haphazard and widely derided tariff announcements, have led to rising fears of an economic slowdown and possible recession.
The major stock indices fell for multiple days in a row in response to Trump’s unpredictable actions. But despite his extensive history of pointing to the market as validation or repudiation of economic action, Trump now says the markets are merely experiencing a “period of transition.”
https://www.dailykos.com/stories/2025/3/15/2309974/-Why-do-Republicans-now-think-it-s-okay-to-pay-more-for-everything
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