The serial liar says, "nobody could afford anything. The prices were massively high."
During the unhinged sycophantic showcase this Administration calls a Cabinet meeting on December 2, 2025, the Wizard of Ooze said, "I inherited the worst inflation in history. There was no affordability. Nobody could afford anything. The prices were massively high."
Really?
Inflation spiked at around 7% in 2021 following the height of the COVID-19 pandemic. This was in-part due to all that the government did to make sure Americans would not be too adversely affected by the economic losses that go along with shutting down the economy in the interest of--well--not allowing a lot of people to die needlessly. It was also due in part to supply chain issues caused by said shutting down of the economy; and in part due to price gouging as a result of demand and the general assholery of wealthy business owners.
It was stubbornly sticky in 2022--staying up around 6.5%. But, by 2023--due to the Biden administration's efforts--inflation had dropped to around 3.4%.
https://www.usinflationcalculator.com/inflation/current-inflation-rates/
By the time the wannabe dictator came into office, inflation was hovering around 3%.
3 percent.
Sure, some things like eggs were very expensive due to a raging avian flu, but claiming that "nobody could afford anything" is pure made-up insanity. (Shocking--I know.)
During his remarks, Trump argued that the word "affordability" is a "con job" or "scam" used by Democrats to push a "fake narrative" about the economy. He claimed that he inherited the "worst inflation in history" and that under the previous administration, "there was no affordability". He also asserted that his administration has successfully stopped inflation and brought prices down to a "very good level."
Inflation did continue to ease to around 2.3% until around April--I would argue because of Biden's policies--and then began to take off again due to Emperor Tangerine's policies.
The real "con job" here is pretending like you took over in 2021 and that your policies have brought inflation and "affordability" under control rather than taking what was an improving economy and flying it into the ground 100 miles short of the runway.
But hey, what should or would we expect from someone who has been a successful enough con man all of his life to never have to even give a thought to "affordability" like most Americans do?
= new reply since forum marked as read
...the gold gilded Oval Office and the $350 million ballroom they tore down part of your house to build but that you will never get to see in-person.
The rich still have to get richer before you get yours.
Last edited Thu Dec 4, 2025, 03:28 PM - Edit history (1)
average are higher than previously.
CPI (seasonally adjusted)
https://data.bls.gov/timeseries/CUSR0000SA0
At the top right, click on More Formatting Options
On the left are some check boxes. Besides the "Original Data Value" one which is already checked,
Check the 1-Month Percent Change and the 3-Month Percent Change and the 12-Month Percent Change checkboxes
Then click the "Retrieve Data" button.
On the one month change one, there were no negative inflation months since May 2020, except April 2025 (-0.1%), which was followed by +0.2% the following month. So since May 2020, prices have overall on average been increasing every month except for one slight one-month dip, which was reversed the following month and then some.
As for peak inflation on a year-over-year basis (the bottom table and graph, this is the 12-month one), that was June 2022 at 9.0% (going all the way back to January 2015, the default start date of the graph and tables).
If you set the start date all the way back to 1970, the peak year-over-year inflation was 14.6% in March and April of 1980.
Year-over-year inflation has been climbing for 5 straight months, and is now at 3.0%. So if you're hearing that inflation is coming down, no it's not. And this is from the admin's own numbers.
Edited to add the year-over-year CPI graph and table from January 2015 to September 2025 (the latest)
/End Edit
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I like the 3-month average as it's a more recent measure than the 12-month one, but more than a "one-off" single month data point. In the last 3 months (the middle table and graph), prices increased 0.9%. That annualizes to about a 3.6% inflation rate (using the actual index values for the calculation, and taking into account compounding, it comes to 3.62%. And rising).
Edited to add 3 month rolling average, % change over 3 months:
To roughly annualize, multiply the numbers by 4
