The US is now officially in stagflation -- with a shrinking economy AND above-average inflation First time we've been in stagflation since Jimmy Carter - ThreadSky | a Reddit-style client for Bluesky

tristansnell.bsky.social • 21 hours ago

The US is now officially in stagflation -- with a shrinking economy AND above-average inflation

First time we've been in stagflation since Jimmy Carter

Comments

rusti14.bsky.social•21 hours ago

We can’t wait until 2028 to remove him—heck, we can’t wait until 2026. He needs to be removed right now, or else our economy and our democracy won’t recover for another decade. The people must stay mobilized and demand that he be removed immediately. Force that incompetent imbecile from office!

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jsnyder000.bsky.social•21 hours ago

I love a strong opinion undiluted by reality! How do imagine that we can remove him now?

rusti14.bsky.social•20 hours ago

If you've studied history, you'd understand that it's the people mobilized in the streets who've forced their dictators from office. Americans are becoming more mobilized by the day. It's up to us to remove him sooner than later,& we are getting there by protesting daily.
https://www.bbc.com/future/article/20190513-it-only-takes-35-of-people-to-change-the-world

jsnyder000.bsky.social•18 hours ago

Other than your snide assumption about my education, I generally agree with you. Peaceful public protest is worthwhile, and tens thousands are already marching. But the difficulties in mobilizing protest and keeping it peaceful should not be discounted, and I don't think it will happen quickly.

rusti14.bsky.social•18 hours ago

I think the snideness originated in your first post.

jsnyder000.bsky.social•15 hours ago

I apologize. I was motivated from a tired cynicism stemming from the frustration of feeling helpless. I want to believe public outcry will make the Republicans moderate their worst rhetoric and actions. I don't think it will result in real change until they also start losing elections.

dgofnb.bsky.social•21 hours ago

Every beginning has an ending. I don’t know of any good endings enjoyed any by would-be fascist dictators.

lynnieles.bsky.social•21 hours ago

In fairness, I remember Nixon and price controls and Ford with his WIN ( whip inflation now buttons) but let’s just blame Carter.

brianm28.bsky.social•21 hours ago

Obviously, it's Trumps fault and GOP for supporting him.

Impeach and remove. The world will be better.

uppaalaska.bsky.social•19 hours ago

Participate in the General Strike 5/1/25:
Unions, wobble.
Take a staycation.
Share the strike with your local news & national social media platforms, companies and family members.
Support the strikers by working together, introduce a barter system, provide bail, food, sanitation, etc.

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jedicus.bsky.social•20 hours ago

I wasn't alive during the Carter administration, so this is my first experience with stagflation. And it is NOT GOOD.

ilovepugs.bsky.social•2 hours ago

Yes, but this one is self inflicted

equinoxmerit.bsky.social•6 hours ago

First time we've been in stagflation since Arab oil embargo

sammythecat.bsky.social•16 hours ago

Yeah. No Iranian interference in our economy re. “gas shortages” now, either 😡
…it’s all on the tariff felon conman grifter!

michelestrider.bsky.social•21 hours ago

Cool how we will celebrate both our 200th and 250th anniversaries with a trash economy.

jamesmajesty.bsky.social•21 hours ago

Pretty much both because of corrupt and incompetent GOP... Nixon wasn't in power in 76, but his nonsense still contributed to it. Ford was never a stalwart leader... and now we get the combo package 50 years later with this train wreck of an administration.

skyla50.bsky.social•20 hours ago

That inflation was driven up by Nixon and Ford - only increased by 1.75% under Carter and the GOP attempts to control it also failed..

https://www.investopedia.com/us-inflation-rate-by-president-8546447

jamesmajesty.bsky.social•18 hours ago

Facts!!

skyla50.bsky.social•20 hours ago

Yep- inflation all started under Nixon and Ford.. Just like the 2008 recession Obama inherited and the train wreck economy Biden did.. Hmm there is a pattern here…🤔

jamesmajesty.bsky.social•20 hours ago

😎🤣 easy to see.... GOP.

spek-music.bsky.social•19 hours ago

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icenineninja.bsky.social•11 hours ago

My guess is that most investment bankers, chief economists, NBER, etc. would say we won’t know Q2 growth and inflation until July.

Real Q1 GDP growth, adjusted for tariff-evading import spike, wasn’t negative.
Slow growth regardless.

No adults in WHouse deciding Econ policy is a nasty situation.

rcan1.bsky.social•13 hours ago

Don't worry. It's tRump's time machine.

3 martini lunches and rampant sex & race discrimination are up next month.

Then it's on to the Great Depression.

barnett1950.bsky.social•21 hours ago

The good old days !

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iwantyoustudio.bsky.social•19 hours ago

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charlottebanks.bsky.social•16 hours ago

It's probably just that he makes so many. He said he was making 200 deals with other countries over tariffs. Two weeks later, Bessent announced they're "getting close to a deal" with 17.

I wonder where trump got those phantom extra 8 states ... maybe not being good at counting is a disadvantage?

louishenwood.bsky.social•15 hours ago

So, it's Jimmy Carter's fault then

ojtphd.bsky.social•20 hours ago

What are we gonna do about it????

We are all affected.
Time for ALL of U.S. to:

Stop whining!!!
START WINNING!!!!

(U kno what Im trying to say…)

https://linktr.ee/revolution2025

HOPE FOR ALL TO ORGANIZE and FIGHT!!!!

NOW!!!!!!!!!!

julacoola.bsky.social•16 hours ago

But we had moral integrity to pay for our souls then.

heffbombs.bsky.social•21 hours ago

But at least schools aren’t forcing our children to change genders before going home for the day.

how-soon-is.bsky.social•21 hours ago

I’m so glad he stopped California from performing abortions after the baby is born.

heffbombs.bsky.social•21 hours ago

And now we can say “Retard” without fear of retribution! So win-win…

aliphaire.bsky.social•19 hours ago

I never know who to expect will get off the school bus. I had my child's face tattooed because I took the wrong child home last week, thinking a neighbor boy was my daughter. This kindergarten is crazy.

madhatteras.bsky.social•16 hours ago

Caused by Nixon just like Trump.

noodle557.bsky.social•20 hours ago

STILL
Wondering
This question
Where were
The DOGE BOYS and STARLINK
11/05/24
WTF were they uploading
7 swing states didn't
ALL
ONLY
VOTE
dictator donny
not straight down ballot
Senate or Congress
202-224-3121
Tell ALL of them to find out
about it & these boys
that have been trained
to destroy
US

m4a1960.bsky.social•18 hours ago

We been this since 2017 we also been in greed flation for yrs !

calsantafe.bsky.social•19 hours ago

so much WINNING!!

jimtranr.bsky.social•16 hours ago

Ah, the glory of Navarronomics.

bigbrain1234.bsky.social•21 hours ago

Sara Eisen on cnbc is working soooooooo hard today to try to paint the current economics as a positive. It’s wild. Straight up disinformation from so many in the media right now.

alienbeach.bsky.social•21 hours ago

There's the chimerical view that's excusable because they're all brokers. Then there's the outright propaganda that Maga-Sara pushes.

I'll check CNBC after power lunch starts. I can listen to Weiss.

dgofnb.bsky.social•21 hours ago

It is positively a disaster.

vdomeras.bsky.social•20 hours ago

Malaise brought us here. Trump won because Americans were fed up with a government they couldn’t understand and some discomfort with the status quo.

factsmatter4every1.bsky.social•8 hours ago

#TrumpSlump

andrewlevesque.bsky.social•17 hours ago

Ouch.

t-antony.bsky.social•18 hours ago

There was a reason for the stagnation of Cater and Reagan.
The reason's were created by stupidity, this time it was a forced error for retaliation.
Reagan borrowed his way out but the republicans have exhausted that option.
What should we have dubbed the decimation of small business under Reagan?

gmaxx.bsky.social•21 hours ago

And the A-hole announced that this is "The Biden Stock Market". His followers believe every word. Damn, we are screwed until every rethuglikkkan is voted out.

davidgoesplaces.bsky.social•20 hours ago

"His followers believe every word."

This doesn't bode well for your assertion, "we are screwed until every rethuglikkkan is voted out".

noodmastercheeks.bsky.social•46 minutes ago

There’s never been anyone like me folks! The best to ever do it! Have you seen what they’re saying about me?! I’m the best! Mom! I’m the best!

paulcurran.bsky.social•17 hours ago

Carter recognized malaise when he saw it. Now they call it victory and hold rallies to celebrate.

utmostblue.bsky.social•18 hours ago

But he blames President Biden.

alacritysshadow.bsky.social•20 hours ago

and once again, GOP caused.

bkgonesouth.bsky.social•9 hours ago

Shag carpet and disco are sure to make a comeback.

danrosanova.bsky.social•8 hours ago

They never went away!

1stackmack.bsky.social•21 hours ago

Well, the Dept of Ed is gonna be gone soon, so there's that! 🫤

itsnotathing.bsky.social•20 hours ago

Are we having fun yet?

fbrefugee1.bsky.social•12 hours ago

He’s running it like his companies. Right into the ground

cozybooksonly.bsky.social•20 hours ago

Give the weak, reckless, spineless GOP reps in close swing districts hell! Postcard with @activateamerica.bsky.social
https://www.activateamerica.vote/postcards

cozybooksonly.bsky.social•20 hours ago

Help @ffdpac.bsky.social fight back! They are doing billboards in GOP districts.
This rep only won by a few hundred votes.

https://bsky.app/profile/ffdpac.bsky.social/post/3lhr3yvkiqk2g

soozeq.bsky.social•21 hours ago

Sigh...

GOP Congress-you ready to take back your powers from this mad king yet?

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granmajvoni.bsky.social•20 hours ago

Toxic Trump has unleased Trump Stagflation.

dutchieh.bsky.social•20 hours ago

So your saying it WASN’T the solar panels on the roof that caused it last time… 🤔

hutchj.bsky.social•20 hours ago

Who could have seen this disaster coming??? Oh wait, all the sane people who voted for Harris told you it was coming

ngrippel.com•19 hours ago

It is going to get worse. With Trump in charge, things usually get worse.

https://www.ngrippel.com/ngr-politics.html

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charlottebanks.bsky.social•15 hours ago

Their goal is the 1500s. These guys HATE the Enlightenment. We can't become serfs again soon enough, in their dreams. (They'll all be lords, of course. The white male landowning aristocrats with a dozen white kids each ruling everyone else, as it should be.)

irmi61.bsky.social•15 hours ago

What are you Americans waiting for??? Send the felon away. It will make the world much better.

commonnerd.bsky.social•21 hours ago

Oh, he’ll turn that whole “great inflation rate” around soon. Just needs time to threaten and strong-arm the federal reserve.

terio2.bsky.social•2 hours ago

The last one started under Nixon.

oneofthesurvivors.bsky.social•12 hours ago

Well credit card interest rates are higher than the Carter years.

There's that!

gmzanatta.bsky.social•1 hour ago

And I’m sure 50%+ of your population that are nazis will be loving it like pigs in shit

loccconsulting.bsky.social•21 hours ago

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charlottebanks.bsky.social•16 hours ago

How's he gonna explain how much worse it will be in 6 months? What lasts longer than a "hangover"?

metahandle.bsky.social•20 hours ago

Hilarious

44lights.bsky.social•19 hours ago

Scary tragically funny.

metahandle.bsky.social•19 hours ago

Crazy scary spooky hilarious

instafritando.bsky.social•20 hours ago

The irony of #Trump always bashing President Carter, and now aligning his economic policy with the “Whip Inflation Now” era, is so appropriate.

#GodBlessJimmieCarter

whowouldveknown.bsky.social•17 hours ago

And the difference between stagflation under Carter and stagflation under Trump is that Trump DELIBERATELY did this to our country.

charlottebanks.bsky.social•16 hours ago

Jimmy Carter was a decent person and a patriot.

Thinking of he and trump in the same high position ... it barely computes.

Why do Republicans hate America?

littlereds.bsky.social•15 hours ago

They only like white wealthy republican Americans. They don’t even like their own base. They use them for votes. Have no doubt when they talk about people working in plants, they mean their own base.

5inthebox4fighting.bsky.social•19 hours ago

That Trump is blaming Biden is utter nonsense. Every media outlet, including Fox, should be calling him out for this obvious lie. This is Trump’s doing and his alone. He needs to own it

goldcountryrich.bsky.social•19 hours ago

We'll see. This will have to persist for at least 2 quarters. If Q2 looks like Q1 (or worse) then I'd agree. That said, I'd say the odds are in favor of your statement.

pumpsandgears.bsky.social•21 hours ago

Some people may have seen this coming:

kwalk2024.bsky.social•10 hours ago

Oh he’ll surpass that stagflation in record time.

alegriaboulangere.bsky.social•15 hours ago

Jimmy Carter inherited a bad economy from Nixon/Ford Republicans. Gee funny how that works. Democrats always get elected after Some 'fiscal conservative' gets elected and screws up the economy.

dark-magic.bsky.social•21 hours ago

And the Carter stagflation was due to the Arab Oil Embargo. Now it is due to The Felon's Tariffs.

skyla50.bsky.social•21 hours ago

Actually he inherited most of that inflation from Nixon and Ford-
Only increased by 1.74% under Carter while it went from 6.01 under Nixon to 8.11 under Ford.. ( and their attempts to curb it failed as well but Carter had lower unemployment than they did & Reagan)

https://taxfoundation.org/blog/tariffs-trade-war-agriculture-food-prices/

dark-magic.bsky.social•20 hours ago

Nixon did have the compliant Fed print tons of money.

skyla50.bsky.social•20 hours ago

Look at the historical tax records for wealthy individuals and corps from before 1981… easy to see ..

https://taxfoundation.org/data/all/federal/historical-corporate-tax-rates-brackets/

skyla50.bsky.social•20 hours ago

Our forefathers BEFORE Reagan believed that those who benefited the most from their opportunities here also had an obligation to contribute the most back to those unexpected expenses- unlike today where they cut their taxes( US income)

https://www.wolterskluwer.com/en/expert-insights/whole-ball-of-tax-historical-income-tax-rates

skyla50.bsky.social•20 hours ago

They always do when they are in office.. But he didn’t cut taxes like the Bush/ Trump team has done that had contributed 25.2 Trillion to our National debt..
Bush/ Trump added 10.7 trillion in tax cuts for the wealthy ( plus interest) then spent an unbudgeted 14.5 trillion on Afganistan/Iraq/ Covid

skyla50.bsky.social•20 hours ago

Sorry wrong link-meant to post this one..

https://www.investopedia.com/us-inflation-rate-by-president-8546447

dark-magic.bsky.social•20 hours ago

Appears I was right about Carter. Then came Volker and 10+% interest rates.

sjlversurfer.bsky.social•7 hours ago

Yep, haven't heard that term in awhile.

brainnervous.bsky.social•9 hours ago

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tbas7000.bsky.social•13 hours ago

The cruel irony. The kindest most Christian president and the most evil psychopathic sadistic president.

ljmcd-usa.bsky.social•10 hours ago

I loved Jimmy Carter & I loathe Trump. Yep ... cruel irony.

reefermadness.bsky.social•18 hours ago

Yeah but Gerald Ford and Jimmy Carter didn't produce it deliberately.

realtimeresistance.substack.com•17 hours ago

Context matters!

madness45and47.bsky.social•10 hours ago

Inflation is almost flat.

thenewslizard.bsky.social•21 hours ago

Even though it sucked for Carter, at least he wasn't a narcassistic void and a garbage human

skyla50.bsky.social•21 hours ago

Actually everyone blamed Carter for what had been growing under the two previous Republican administrations…
inflation under Nixon was 6.01%
Under Ford 8.11%
and it only increased it by 1.74% under Carter… 🤔
( 9.85%)

https://taxfoundation.org/blog/tariffs-trade-war-agriculture-food-prices/

thenewslizard.bsky.social•20 hours ago

some things never change eh

skyla50.bsky.social•20 hours ago

Yes- when one actually looks at the facts it is amazing how the GOP stories fall apart…

johnignatiusriley.bsky.social•20 hours ago

Yeah not sure this is even stagflation: more like depflation.

44lights.bsky.social•19 hours ago

Do not bail out the farmers.

thenewslizard.bsky.social•19 hours ago

they don't deserve it

44lights.bsky.social•19 hours ago

No, no single group deserves a financial bailout unless every special interest group gets a fair shot at help.

These guys voted for trump. He screwed them. Live with it.

skyla50.bsky.social•19 hours ago

Keep in mind that those bailouts also reduces his claims on how much money he is bringing in from those tariffs..Note the 10 billion he is using was authorized on Dec BEFORE he took office.. so technically from Biden funding..🤔

https://www.cato.org/blog/trumps-trade-wars-harm-farmers-taxpayers

skyla50.bsky.social•19 hours ago

Already in the works- as one knew it would be.. The only problem is that it almost all goes to the corporate farmers instead of the small farmers that really need it and who were just getting back to normal under Biden..

https://www.ewg.org/news-insights/news/2023/02/trump-usda-farmer-bailout-funds-flowed-mar-lago-neighbor-instead

l0rd-anarchy.bsky.social•17 hours ago

You know, for a group of people who rely on the government for getting their supplies sold, they sure like to remove everything that helps them survive.

thomas-oregon.bsky.social•15 hours ago

I wasn’t alive but I bet America was great then. Looking forward to it. Maybe we can get a Saturday night fever 2 out of the deal.

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pakobskysocial.bsky.social•20 hours ago

USA TIRED OF WINNING.

IMPEACH 🙏

mamajkmcc.bsky.social•20 hours ago

Are we great yet

kyleruggles.bsky.social•18 hours ago

You look pretty good for someone who was around while Carter was president.

openforbusiness.bsky.social•21 hours ago

Of course Orange #Felon47 will emphatically announce...

cdaleco.bsky.social•11 hours ago

But bone spurs says just wait things are going to be great when all my tariffs kick in.

vflowers84.bsky.social•11 hours ago

Powell needs to give Trump a heavy dose of Paul Volckerism.

duanebw.bsky.social•19 hours ago

BTW it wasn't Jimmy Carter's fault.

Btwn 1945-1981, the Feds focused on mitigating downturns. They stimulated the economy in recessions but let it overheat in boom times. Inflation crept up for 30+ yrs. They cracked down in 1982, causing a nasty recession, but they learned to balance it ever since.

ridem24.bsky.social•12 hours ago

Now the GDP is dropping. More winning!

liona-1rowan.bsky.social•16 hours ago

And boy, wasn't that fun! Gas was rationed and interest at 17%. Woo.

charlottebanks.bsky.social•16 hours ago

Road trips then weren't as much fun. Even piling in and splitting the gas 4 ways, it still hurt for broke students.

dgofnb.bsky.social•21 hours ago

President Carter was not able to do that single-handedly and it took him more than 1 Quarter.
So there’s that.

grumpynancy.bsky.social•18 hours ago

#Fold!
#Fold!!!
#FOLD!!!!!!

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westvillagecrank.bsky.social•21 hours ago

Isn't that the decent Christian president Pettyman Smallcock assertednwas America's worst?

So valiant of him to bail out Carter. Almost... Christian.

william80.bsky.social•18 hours ago

and just think, things could still get much, much, much worse. I mean, we do have a lot to look forward to.

charlottebanks.bsky.social•16 hours ago

A MAGA voter in WaPo comments said this morning, "What's all the whining about? I haven't noticed any differences at all. Everything still costs the same and the shelves are full."

They're preppers when it comes to Armageddon. Firm predictions with timelines aren't their bag, I guess.

tellthetruth69.bsky.social•2 hours ago

And it’s everybody’s fault except Trump 🙄

sapomaconha.bsky.social•1 hour ago

It's the M.O. of the far right, here in Brazil under Bolsonaro it was the same. Thats what happens when you elect childish leaders with a hyperfixation on Nazis.

44lights.bsky.social•19 hours ago

Stag is job loss/high unemployment, shrinking GDP, shrinking production, high inflation.

Not sure we are fully there yet.

mark5221.bsky.social•10 hours ago

It was the end result of the debt caused by the Vietnam War

schrodingersleft.bsky.social•20 hours ago

Recommend Tax Revolt
Explains these concepts and history very well https://the.levernews.com/tax-revolt/

donnavishio.bsky.social•20 hours ago

Jimmy Carter was a loving man he would never be doing what Trump’s doing. He might’ve sucked at the economy, but you failed to mention his apathy and genuine love of people in that.

teresamurray.bsky.social•21 hours ago

And let me guess, it’s Biden’s fault lol 😂

swac.bsky.social•21 hours ago

You mean Sleepy Joe, the incompetent boob who is simultaneously some sort of fiendish criminal mastermind? Why won't someone rid us of this devious, supergenius dolt whose impervious influence will haunt us to the end of time?

benevoluspf.bsky.social•19 hours ago

And it’s all self inflicted.

mborange.bsky.social•9 hours ago

At least Jimmy Carter WAS a Christian. Not the antichrist playing a role as we have now.

ca-nc-galady.bsky.social•19 hours ago

#trumpFlation

aymhyu.bsky.social•20 hours ago

I'd take Carter over the Felon any day. Pain in the pocket book beats taking away rights...

davidgoesplaces.bsky.social•20 hours ago

Trump's a prodigy, he's going to give you both!

aymhyu.bsky.social•20 hours ago

Yep, from the childish president...

johnlouiseisenberg.bsky.social•20 hours ago

The Wanna-Be King of Queens, NY acts like ASSOLINI but Is in Fact a FUCKING MORON!

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frankitodevito.bsky.social•19 hours ago

LEAVE HIM OUT OF THIS

silverhairdontcare.bsky.social•15 hours ago

So much winning! Te president rang in stagflation for the first time in decades!! Where’s his military parade?

rwhetsel.bsky.social•20 hours ago

Asked in ignorance of econ

Is stagflation what Japan went through for a decade when housing & food was ultra, ultra expensive?

Is stagflation what Russia was going through, causing the gov.'s popularity to drop, when the Kremlin decided war on the western border was needed to change the subject?

ninjafingers.bsky.social•20 hours ago

This is a better definition than I can rustle up right now:

https://www.investopedia.com/terms/s/stagflation.asp

The tl'dr - prices go up, wages stay stagnant, job growth is stagnant or negative. Everything becomes more and more expensive and, ultimately, people starve. And it's very hard to fix.

wendigoflames731.bsky.social•6 hours ago

Should i just kill myself? We're all gonna starve to death from the tariffs anyways, so whats the point?

philipkofler.bsky.social•18 hours ago

Trump happens

blheureux.bsky.social•19 hours ago

And there’s not a fucking thing the Federal Reserve can do because - you know - economic contradictions.

dogefort.bsky.social•9 hours ago

The Jimmy Carter of the right? 🧐

🤔

vacatmom3.bsky.social•2 hours ago

#TrumpDepression

dawnmckinzey092567.bsky.social•19 hours ago

FOTUS did that

mop-fautneddy.bsky.social•9 hours ago

We remember stagflation. We fervently hoped to *never hear that word again.

jc1659.bsky.social•11 hours ago

All for Putin,there is a secret bond between Putin & trump,or trump is being blackmailed, he has done nothing,but use his favorite saying, "IN TWO WEEKS" trump has said this for sanctions, for tariffs on oil, & now for not peace, "IN TWO WEEKS" trump is a traitor to this country, his base don't care

coolwatergirl.bsky.social•20 hours ago

Pretty impressive how one guy managed to move Carter 2 spots down the list of worst president in history. No one is greater at losing.

bigdbay.bsky.social•11 hours ago

And Jimmy Carter's stagflation was related to the OPEC crisis and gas shortages leading to price spikes. We have no such conditions today. This is a self-imposed, own-goal, result of misguided policy.

liselisec.bsky.social•21 hours ago

FFS will we back to 17% home loans soon?

thermalt3.bsky.social•17 hours ago

Trump recession.

powerje.bsky.social•20 hours ago

Jimmy cleaned up the GOPs mess, god bless him

johnfeier.bsky.social•10 hours ago

It takes money to have inflation and what inflation we do have is just plain greed.

xiphix001.bsky.social•3 hours ago

If only the government would use some of its tax revenue to buyback gold to back currency and stop spending it on market fundamentalism. Raising PPP for citizens and breaking up the need for stock buybacks and flat pay.

n-shah.bsky.social•2 hours ago

More to come. We haven’t seen anything yet!

straightblackgirl.bsky.social•16 hours ago

And at least Carter was actually trying to help people and make the world better for US.

jamesmajesty.bsky.social•21 hours ago

It will be interesting to see how the second quarter fairs. Drops in tourism will be very evident by then. Even if they can equal out GDP, consumer confidence is shot.

dgofnb.bsky.social•21 hours ago

It does take 6 months (2 Quarters) for a recession to be officially called. That doesn’t mean it isn’t already happening. It is.

jamesmajesty.bsky.social•21 hours ago

Agreed. I am just waiting to see what hijinx the administration will come up with to explain a true, straight from the dictionary recession - 2 quarters of shrinkage. Won't be able to hide it by August.

davidgoesplaces.bsky.social•20 hours ago

You know if you just fire everyone who won't make the reports say whatever you want, the economy immediately looks better.

There will be independent data points, but it's going to get increasing difficult to get consensus numbers anyone trusts.

jamesmajesty.bsky.social•18 hours ago

Yeah, let's face it, it's like surveys and polls and even focus groups, the people who set it up - and who it that is paying for it, have a very heavy hand in exactly what data sets are collected, etc.

bobhawaii.bsky.social•15 hours ago

That was brutal

arleneevers.bsky.social•20 hours ago

Trumpflation in a tariff nation

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nodianne.bsky.social•21 hours ago

.......but his tatoos!!!

owens-kd1.bsky.social•9 hours ago

And we liked Jimmy Carter.

superwho86.bsky.social•13 hours ago

And carter was still a better president and person than Trump.

who-is-this-is.bsky.social•20 hours ago

MAGA!

maketruthmatter.bsky.social•19 hours ago

which, to be pedantic, was inherited from Ford and a result of the oil embargo.

vegasmell.bsky.social•19 hours ago

At least Jimmy Carter was a decent man.

thetrumpcrisis.bsky.social•20 hours ago

Seems like just 4 months ago the economy was booming, GDP was up, Stock market was way up, unemployment was down to its lowest in decades.

What happened?
*rhetorical question*

auntiemamelives.bsky.social•18 hours ago

And it suuuuuuuuuuuuuuuucked

seanfsez.bsky.social•9 hours ago

Good times

susanamounts.bsky.social•16 hours ago

Very true. Interest rates for mortgages were about 15% then.

paccali68.bsky.social•14 hours ago

Propaganda Barbie is going to tell us that “stagflation” is a good thing and to wait to see how amazing it is 🥴😵‍💫🤨

rowmyboat.bsky.social•43 minutes ago

I never thought that I would ever yearn for the Good Old Days of Jimmy Carter.

dimusic.bsky.social•14 hours ago

Trumpflation!

nameuserusesname.bsky.social•20 hours ago

Have you even said thank you once?

danielaus.bsky.social•35 minutes ago

Trump already told USA people that he want to bring America back to the stone or golden age and bc that is Putin’s plan for operation Krasnov

kurtshriner.bsky.social•11 hours ago

Tyranny of the minority party.

nmblondewino.bsky.social•20 hours ago

@schumer.senate.gov voted for this.

hsrivney.bsky.social•11 hours ago

And it’s just beginning.

derhermit.bsky.social•15 hours ago

But Trump told us last night that inflation was gone. Oh no, do you think he was lying? 😉

kimnoreen.bsky.social•9 hours ago

And with Jimmy Carter it was because of GOP.

maeday1.bsky.social•16 hours ago

Midterms = GOP House bloodbath.

macajah1.bsky.social•18 hours ago

Thanks Trump Voters!! Couldn't have done it without you!

jscoffee.bsky.social•18 hours ago

In 40 years Trump’s legacy will hardly be that of a mensch and patriot who served his country, his community, and millions of people worldwide that he never even met.

datagoodies.bsky.social•19 hours ago

Citation?

joes-spot.bsky.social•20 hours ago

Interest rates will most certainly rise.

tfp1.bsky.social•19 hours ago

But it's the best stagflation ever seen.
His uncle went to MIT.

katzilla01.bsky.social•19 hours ago

And noy one peep from the MAGA cult about the price of eggs, gas, etc. Guess Trumplikkkans eggs taste better?

kpolls52.bsky.social•20 hours ago

We have had major stores closing. Price to high. Can't go any place to relax. Taking insurance and jobs. Grants. My insurance does not cover what I need. Only billionaires and multi millionaires can travel. Cyber crime is still high with drugs arrest. Where the money from that

margiem.bsky.social•2 hours ago

It’s Thursday & Trump & his phone line don’t work much. But you can leave a message Tues-Thurs 11-3. 202.456.1111

No peace…everyday call your reps 202-224-3121 and
Mike Johnson
John Thune
Chuck Schumer
Hakeem Jefferies

Call for impeachment/treason charges
Need help use 5calls.org

mjmullen51.bsky.social•19 hours ago

I have to admit I never earned so much loot as when Carter was President. Sorry.

bchandler1944.bsky.social•17 hours ago

And tRump did it in less than a 100 days.

legendofus.bsky.social•11 hours ago

🥭 needs to tariff the Tariffs!

cmcarr.bsky.social•15 hours ago

Stagflation? Or trumpcession?

thepointbeing.bsky.social•16 hours ago

Wait a minute 1973 -1982 jimmy was in only a few of those years!

celtic-cat.bsky.social•16 hours ago

Ford and Reagan make up the other years.

thepointbeing.bsky.social•15 hours ago

Exactly

peptopotemkin.bsky.social•17 hours ago

Difference being that, under Carter, the stagnant economy was a result of his administration's efforts to bring down inflation.

Whereas, Trump set out to increase inflation to... bring down the economy.

charlottebanks.bsky.social•16 hours ago

trump made himself a nice little deal w OPEC in his first term that raised oil prices from $25/barrel to $125/barrel.

Sometimes I think we forget how much he benefits from Saudi Arabia by writing them checks from our personal accounts.

truzi.bsky.social•15 hours ago

I wish I had saved
The tweet where Trump literally bragged about the deal to raise oil prices. literally bragged.

dogefort.bsky.social•9 hours ago

Keep taking screen shots. These people love making poor decisions, and then pretending that they've never happened.

How long until the guy on the left will be sharpie'd out of the official record? 🤔

Comment image

nisse48.bsky.social•4 hours ago

Haven't they have enough fun now? Go get them and send them all to El Salvadore!

medru.bsky.social•20 hours ago

Soon, he will shift all the blame to Powell.

jmh-19.bsky.social•16 hours ago

A papal level recall of Reagan & former republicans, now taken over by Heritage Foundation (knee bender maga) during the extreme lack of civic responsibility toward middle & lower income class is obfuscated; Yet Clinton comes in & EVERY American lived better with a balanced budget. Bush crashed US

beaverbrook.bsky.social•16 hours ago

Much more to come. Rising unemployment this summer and fall.

bobreinert.bsky.social•20 hours ago

I remember those days. Not fun.

bigmama17.bsky.social•22 minutes ago

lababoc.bsky.social•18 hours ago

Hello 3rd world...

janeroehopeful.bsky.social•19 hours ago

Interest rates went up to 15% or higher IIRC.