Oh look at that--inflation is UP

@NJChicaa (124010)
United States
July 31, 2025 10:02am CST
The Liar In Chief said yesterday that it was taken care of and prices were way down. Well today's report says that inflation is UP and this is before Trump's insane tariff crap really kicks in. I'm no economist but even I could have told you this was coming. I can't wait to see the MAGAs on government assistance crying in a few months when the impact of this stupidity really takes effect. They voted for this insanity.
https://www.cnn.com/2025/07/31/economy/us-pce-consumer-spending-inflation-june
5 people like this
5 responses
Max Crisp
@Orson_Kart (7654)
• United Kingdom
31 Jul
I just checked and according to AI, the current US inflation rate (CPI) is 2.7%. The UK’s 3.6%. I think ours is very much affected by what happens over there. Our prime minister has been trying to cut a deal with DT to reduce the tariffs, which has a big impact on our economy. He says he loves us, so all should be well.
2 people like this
The Horse
@TheHorse (229243)
• Walnut Creek, California
1 Aug
Heh.
1 person likes this
Baconstripsxxx
@BACONSTRIPSXXX (15590)
• Torrington, Connecticut
31 Jul
Inflation is definitely up, its not reflecting because manufactures bought extra crap scared of tariff increases so it makes the economy look good but it aint
2 people like this
The Horse
@TheHorse (229243)
• Walnut Creek, California
31 Jul
Grocery prices are way up. But I can absorb it.
2 people like this
vikingswest
@Vikingswest1 (7247)
• United States
31 Jul
Inflation is down since Trump took office.
https://www.usinflationcalculator.com/inflation/current-inflation-rates/
www.usinflationcalculator.com
https://www.usinflationcalculator.com/inflation/current-inflation-rates/
NJ Chicaa
@NJChicaa (124010)
• United States
31 Jul
The report out today states that it is up even over just last month.
1 person likes this
vikingswest
@Vikingswest1 (7247)
• United States
31 Jul
@NJChicaa Yes. Still lower than when he took office. You sound like you WANT America to do badly, lol.
1 person likes this
NJ Chicaa
@NJChicaa (124010)
• United States
31 Jul
@Vikingswest1 of course I don't
1 person likes this
The Horse
@TheHorse (229243)
• Walnut Creek, California
31 Jul
It's odd how the poor guy just makes stuff up.
1 person likes this
The Horse
@TheHorse (229243)
• Walnut Creek, California
31 Jul
@NJChicaa You probably saw my post about that one. But I used the 600 per cent figure. I wonder how much it cost his dad to get that poor guy through "Wharton School of Business."
1 person likes this
NJ Chicaa
@NJChicaa (124010)
• United States
31 Jul
My most recent favorite was his claim that he was bringing down the cost of medications by 1000%. That's not even mathematically possible. But hey he's the one who went to the school of finance, right?
1 person likes this
LindaOH
@LindaOHio (196627)
• United States
31 Jul
All I've been hearing are reports of companies increasing their prices -- Walmart, Hershey, etc.
2 people like this