Trumpflation

Does anyone really think our new president can end inflation?

“Popularity should be no scale for the election of politicians. If it would depend on popularity, Donald Duck and The Muppets would take seats in Senate.” – Orson Wells

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President Donald Trump isn’t fixing inflation – he’s blaming others for it.

On Wednesday, he pinned our nation’s most vexing economic problem on Federal Reserve Chairman Jerome Powell. On Tuesday, his press secretary Karoline Leavitt said pinned the soaring price of eggs on the Biden administration.

It’s not what Trump promised voters.

Somehow, America loves a bloviator. (Photo credit: Wikimedia Commons, 2018.)

“When I win, I will immediately bring prices down, starting on Day One,” Trump vowed in August 2024.

And just after the election, he said this:

“When you buy apples, when you buy bacon, when you buy eggs, they would double and triple the price over a short period of time. … And I won an election based on that. We’re going to bring those prices way down.”

Now he’s saying this:

“They all said inflation was the No. 1 issue. I said, ‘I disagree,’” Trump said. “I talked about inflation too, but how many times can you say that an apple has doubled in cost?”

So far, Trump seems more interested in superheating the economy with shitcoins and taking care of his billionaire oligarch pals, who are more likely to benefit from inflation than to be the least bit bothered by it.

Out of the gate, Trump is focused on initiatives largely viewed at inflationary: Deporting an underclass of workers, who do our worst jobs for less, and imposing steep tariffs on U.S. trading partners. Then there’s the highly inflationary national debt. Trump wants to end the debt ceiling so he can spend, spend, spend and give billionaires their tax breaks.

If inflation somehow cools, he’ll take the credit, but if it rises or continues to remain sticky, he’ll find someone else to blame. For now, it’s Powell and the Fed, according to his post on Wednesday:

So the Fed’s focus on diversity equity and inclusion, green energy and fake climate change is what caused the biggest spike in inflation in 40 years?

How can Trump fix inflation if he doesn’t even understand it? And why would he bother when it’s such a convenient issue to pile onto anyone he’d like to bully?

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