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
Same with budget deficits, Clinton even got surpluses…
Thanks for the link.
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.
The “trope” is public perception, not actual historical pattern. Every time a Republican president gets elected the exit polls are full of “economic concerns.” What that actually means is left to interpretation but so it goes.
What that actually means is left to interpretation but so it goes.
It means they think minorities had too much money.
Historically the US economy generally performs better under Democratic administrations than Republican ones. I’ve read several articles and studies that show this. I’m on mobile and don’t have the time to find them However polls show that Americans consistently have the opinion that Republican admins are better on economics. And this despite no matter how much evidence os presented.
What was everyone expecting?
The ones who voted for Trump? To get their pony. And they’ll keep shutting their eyes and plugging their ears waiting for their pony until they starve to death because everyone else has already emptied the dumpster of food.
Denial first, surprises later.
They forgot the /s
I was thinking exactly the same thing… maybe with the exception of the 30% that actually believed his bullshit enough to vote for him… I’ve been bracing for the huge inflation bolster since he was elected…
Hell trump and musk have kind of warned us, inflation is going to get worse (and lied about it being so it can get better… ignoring the general fact that inflation is a one way street, you can’t fix it… you can only slow it down, and/or speed up wages to catch up to it)
Definitely a solid onion headline worded like that.
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.
If a Democrat were in office inflation wouldn’t have increased.
It’s January numbers, a month Biden was in office the majority of.
Yep, Trump’s policies are so awful it only took 10 days to undo the progress made in the previous 20.
And what happened after he left office? Was there a surprise reveal?
People that understand economics said that People who labor under the delusion that Republican administrations are better for the economy thought otherwise.
We hired one of the worst people in the world to lead us. It’s a stretch to call this unexpected.
Exactly.
Hired is a stretch.
This is the top comment on my screen and it’s perfect.
Love this
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.
Dem clicks doe
How is this different than putting a “biden did this” sticker on a gas pump?
Why is inflation related to his term? Its fine if it is but can we please make sense with our outrage?
That article is carrying a lot of water for the Trump administration. Nobody knows why prices are going up!
Unexpectedly?
Even the Spanish Inquisition was blindsided by this.
Unexpected by whom?
Republican voters
Dumb people doing dumb things
Shocked pikachu face
I fucking love how there is basically only one comment on this entire post
Yeah well these news publications are starting to blatantly insult everyone’s intelligence now. If it was really unexpected, there wouldn’t be a bunch of comments here saying “Unexpected? Really?”
And the dozens of people who made that comment didn’t read so much as the first part of the first sentence of the article.
US inflation increased by more than expected last month
It’s not the inflation that was unexpected, it’s the amount. You can’t get your news from headlines, people.
who ever wrote this article is a total moron. Unexpectedly? noo.
“Unexpectedly”? Everyone but the MAGA idiots expected it.
