"They have begun downplaying the likelihood that consumer costs like groceries will decline anytime soon, reflecting the limited power that presidents have to control prices. Those are largely determined by global economic forces." 🧵 - ThreadSky

lutzfernandez.bsky.social • 18 days ago

"They have begun downplaying the likelihood that consumer costs like groceries will decline anytime soon, reflecting the limited power that presidents have to control prices. Those are largely determined by global economic forces." 🧵

Reposted from Jeff (Gutenberg Parenthesis) Jarvis

Biden slayed inflation in a pandemic and supply chain crisis and the #BrokenTimes crucified him over the price of eggs.
Trump *causes* inflation and the #BrokenTimes gives him slack.
With High Prices Persisting, Trump Tempers Tone on Slaying Inflation www.nytimes.com/2025/02/12/b...

Comments

bicoastaldem.bsky.social•18 days ago

The fact that “governments cannot help with basics basket of goods” is the nonsense that antiquated textbooks told reporters during the 1-2 econ classes they were taught in college.
They help Trump constantly with their ignorance.
https://www.foreignaffairs.com/mexico/governments-survived-inflation

ckeller122.bsky.social•18 days ago

Yes and they’re also determined by studies *ss policies proposed by an authoritarian and corrupt President.

aranaya.bsky.social•18 days ago

Wonder how much influence on those global economic forces a president can exert by starting random trade wars and letting teenage nazi failsons run rampant in the US treasury.

sugarhead.bsky.social•18 days ago

I think we're going to prove out the obvious 🫤

fakelawn.bsky.social•18 days ago

Limited power? Um…yes, this is generally true, except for the MAJOR fact that Trump is in NO WAY trying to bring down prices or limit inflation. Literally everything he is doing is designed to do the exact opposite.

skeptidude.bsky.social•18 days ago

Uggggggh. Knew it would happen, but still sucks.

pauldu.bsky.social•18 days ago

To all the gullible dupes who think he cares about them - no he didn’t, doesn’t, & never will

tom4okstate.bsky.social•18 days ago

Yep. I'm done. Officially jokerfied.

alanallport.bsky.social•18 days ago

Who knew

austenlied.bsky.social•18 days ago

And yet they blamed Biden for high prices. They can’t have it both ways 🤦🏻‍♀️

pataz1.bsky.social•18 days ago

@nytimes.com

lutzfernandez.bsky.social•18 days ago

"The shifting tone could allow Mr. Trump to reset expectations about how fast prices will come down as he pursues policies like tariffs and tax cuts, which economists say could exacerbate inflation."

They mean the Times's shifting tone here, I guess.

billstank.bsky.social•18 days ago

Mr.? That’s too respectable for this felon/rapist.

ednyealaskaguy.bsky.social•18 days ago

The @nytimes.com was once a great paper.

Now only those that raise birds are interested in buying a copy.

The digital version is worth nothing at all!

lutzfernandez.bsky.social•18 days ago

Truly craven to talk about the POTUS's limited ability to affect inflation and ignore all of the other inflationary actions Trump is taking by destroying the CPFB and repealing regulations that protect consumers, including the many that Biden pushed for in his term.

lutzfernandez.bsky.social•18 days ago

CFPB!

lutzfernandez.bsky.social•18 days ago

piglet42.bsky.social•18 days ago

I have said this many times: Trump’s fascism is elite fascism and its main supporters are the rich and powerful, including the owners, publishers and top editors of almost all mass media. These guys know what they’re doing, they are part of the movement.

stopcallingmefrank.bsky.social•18 days ago

If only Biden and the Democrats had “shifted” the “tone,” and “reset expectations” about the economy with this kind of help from the New York Times.

frambley1.bsky.social•18 days ago

I guess they were too busy actually working on fixing problems. Luckily, for trump, the NYT doesn't expect trump or republicans to bother with governing effectively.

lutzfernandez.bsky.social•18 days ago

🎯

patvulaj.bsky.social•18 days ago

Hypocrisy around Trump is the least surprising thing I could read about this morning

jimnobu.tv•18 days ago

Crazy that the Post just learned that Presidents don’t set the price of eggs. Shame it wasn’t until after the election

biknmusicmama.bsky.social•18 days ago

They can deal with and communicate about a bird flu outbreak, though

jsconway.bsky.social•18 days ago

Is the “They” in this sentence the @nytimes.com?

lutzfernandez.bsky.social•18 days ago

absolutely works

colonblow82.bsky.social•18 days ago

He's good for business. Corporate media gets to use the big red fonts in "holy shit we're gonna die" sizes and the ad revenue just gets pumped in like a fire hose. Fuck them fuck all of them.

natebowling.com•18 days ago

You broke your thumbnails rule!

lutzfernandez.bsky.social•18 days ago

Arrrrrrrrggggghhhhh

davidamerland.com•18 days ago

I only wish I had another Times subscription to cancel.

dudaatam.bsky.social•18 days ago

Here @nytimes.com Let me fix this for you. “Another thing Trump lied about: lowering prices”

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