President Donald Trump on Wednesday said, “I love the inflation” after being asked if he was concerned about new consumer price index data that showed the annual inflation rate at 4.2%, a three-year high.
Of course he does. Inflation hurts working people and benefits the wealthy:
Forbes: Inflation is an insidious “hidden tax,” as it directly impacts the purchasing power of families in the United States. However, the burden is unevenly distributed across the different income and wealth strata. In fact, the upper middle class and the top 1% of Americans have actually benefited from high inflationary periods, increasing their wealth, while lower-wage families have been negatively impacted, according to a working paper by economist Edward Nathan Wolff for the National Bureau of Economic Research.
It is amazing that magats still worship this guy.
It’s illegal to talk about killing him in a serious way as the only way to even begin to stop the insanity.
And [email protected] mods locked the post because they support Trump.
They’ve locked the post? I’m not seeing any indication of that whether logged in or not and comments are still being added. Do you have time to send me a screen shot?
IDK why they’d do that. Maybe because it’s essentially a duplicate of this post?: https://sh.itjust.works/post/61619403
Seems like it’s because that was a duplicate post, or some other meta reason
The sample screenshot in the sidebar uses an anti-trump article, so it’s weird to suggest that they have a pro-trump bias.
