⚠️ JUST IN: The University of Michigan’s April survey shows that one-year inflation expectations in the U.S. surged to 6.7%, the highest reading since 1981. The rise was seen across all party affiliations.
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Having lived through the stagnation of the late 70's into the mid 80's I can tell anyone who doesn't appreciate how dire this situation is that this is really, really bad. I'm dreading what is coming.
It's difficult to describe in a quick soundbite but basically the Fed kept raising interest rates (up to 21% at one point) to cool down the markets and slow the rising inflation. It was not a smooth, painless, transition either. If you seach "stagflation 1970's" you'll find a lot more information.
By the best of my knowledge, it was the stragflation that costed Jimmy Carter the reelection. So I was wondering why Reagan was reelected when the inflation apparently didn't go down until after he was reelected out shortly prior.
I'd say that Reagan got elected the first time because folks were desperate for a change and were willing to try anything to get out of the stagnation. He was relected because by 1984 it was clear that things were getting better and he was credited with that.
The issues that lead to stagflation really started back in the late 60's and early 70'. Carter definitely got blamed for it hitting during his presidency though and yes, it did help Reagan get elected. The problem peaked during Reagan's first term and didn't really turn a corner until the mid 80's.
I remember the interest rates of the early 80's, we bought a house but being military, we got hit with an extra 2 percentage points (even with a VA loan) versus what the civilian workforce with the same credit rating paid. Being military we moved too often in the minds of the credit bureaus.
They have to blame Biden as they can't stand on their own merits, with 'merits' being a broad overstatement. I want to hear specifics on how their actions benefit the average American.
Bottom Line: IMPEACHMENT. That is the only “MEDICINE” We The People have to focus on.
C’mon people, let’s be Real!
The SCOTUS which is the ONLY remedy to the stop against this nightmare it’s all IN to control & Destroy the Checks & Balances of this corrupt administration. We NEED TO IMPEACH!
Curious to know how past expectations have compared with
eventual actual numbers. IOW, how good a barometer of the future economy has consumer expectations been? I suspect the worse (and broader) the expectations, the more “self fulfilling” they are.
Haven't seen anthing yet. Wait until the deficit is $2.9 trillion, unstable dollars, and no one will buy our junk treasuries. We'll be paying $60 for a bag of diapers from China.
How come
Hisroyalassmessyness
Doesn't
WANT
a
Tariffed
Ruble
or
even a single Penny
from his pal
PUTIN
or
his lover
KIM JONG YUN
Call all Senate & Congress to ask them WHY
202-224-3121
REMIND THEM
TO STAY AWAY
FROM
YOUR VOTING RIGHTS
SSI
THE
Stock Market
Flux fuck
by them
and
BILLIONAIRES
Recessions don’t care about political party. But Trump will own the jobs losses and all of the economic manipulations. If you thought it was hard finding a job before, it’s going to be families living in cars soon enough.
How long until Orange Hitler calls them and demands they change the numbers? And will they cave like the did for DEI? M broke my heart, and everyone of the spineless scum who caved need to seek work at a lesser institution. Sorry I know it’s off topic. The maize n blue turned yellow.
Well, they may be right on home prices going down because no one is buying. Also, home prices going down will be offset by rising interest rates, so the cost of owning a home will increase.
Everyone has family, friends, neighbors whose livelihood is being threatened by the ketamine-addicted maniac chainsaw guy. That's why sentiment is so low.
👆🏾👇🏾”⚠️ ÚLTIMA HORA: La encuesta de abril de la Universidad de Michigan muestra que las expectativas de inflación a un año en EE. UU. subieron al 6.7%, el nivel más alto desde 1981. Este aumento se observó en todos los grupos políticos.”
When inflation surges, it’s working people who feel it first — not the wealthy.
This isn’t just bad luck. It’s the cost of reckless policy, greed, and chaos.
We deserve leadership that fights for stability, not one that gambles with our futures. Stay alert. Stay organized.
Funny thing about this is that a Republican member of Congress gaslighted America yesterday on a nationally broadcast town hall, claiming that inflation is on a downward trajectory. Who will America believe? Their own pocket books or a lying Republican member of Congress?
But at least this inflation won’t come with expensive gas or eggs. Trump is fixing all our cost of living issues through tariffs. China is going to pay our taxes and we don’t have to be embarrassed by sleepy joe anymore. America is so great now. Republicans are $&@#ing morons.
My dad got a loan in '83 at 13!%. One three. Thirteen. I did loans for years. Mid '24 fed expected rates below 5.9 by 3rd quarter of '25. I don't expect Trump's base to ever admit the truth of what they've done. How long until the rest of voters realize?
They did a ton of things. Quantitative easing too. But it took time. This crisis is different, as I understand, in the mixture of problems created in the last 4 weeks. Stagflation, recession and odd stuff with bonds. Any help would be admitting a problem. I put odds low.
Trump was already bragging about the market gains of a couple of people... I think that sums up he's spinning this as a success. He's just... sooo bad.
I really had to try box breathing listening to his sycophant chorus say Art of the Deal. And that this was the plan all along. None of the results of what he's done surprises me. The speed and size of destruction did surprise me. Fucking up the economy just when I was about to get my groove back 😭
Nation wide anti-Trump demonstrations planned for April 19 in all 50 states; 50501 is organizing another nationwide demonstration on April 19th. 50501 movement check for a location near you! Pass the word! show up and turn out for your future! April 19 let’s roll!
That's a very conservative sum. On consumer electronics, I've noted a 25% increase-no more discounts. I suspect shortages in some products will soon ensue, no matter how much you're willing to spend!
Republicans never cared about the global inflation. It was only a talking point for Magas that was clear and tangible because that is the level of critical thinking they cater to.
Whaaaat-China is not calling the EU are not inviting us anywhere India could care less Canada hates us Mexico is going to subterfuge us Africa Australia New Zealand are giving us the finger Japan is getting it samurai out against the US but don’t worry Donald everything‘s gonna be just fine -idiot💪
We who have been paying attention are not surprised by this news. Yet, we know that his supporters will continue supporting him all the way to the edge of the cliff before jumping off.
Consumer sentiment is the lowest ever! We are in a recession people. The question is when will we cross into a depression? We are in a stagflation environment already.
No we are not in a hot war with russia. But we are in a cold war with them. So technically if it is found out that Trump is working closely with Russia to destroy America then that would be treason.
It blows my mind how is Trump not in prison. He knows he belongs in prison in his brain he's thinking about all the things he's done to women stolen people's money fraud he knows it in his brain is that why he's so weird guilt no he doesn't have guilt he's a narcissist
Why do Boomers feel the need to CRUSH my generation in little bits & pieces? All 40+ years of life have been one set back on top of another. This HAS to STOP!!
Basically what I read is that in the past 44 years, the worst rates of inflation in the US were caused by "Reganomics" and "Trump Tariffs". Both Republicans.
It's sort of comforting that in such uncertain times we can rely on Republicans to absolute fucking wreck the economy and make the lives of nearly everyone irrevocably worse.
Why did the March inflation numbers reported yesterday show a decrease? I would have expected higher. How do we trust the numbers coming from this lying administration? The annual COLA is established by these figures so they’re important.
Yeah isn't it amazing how they're talking 6.1 or 6.2% inflation rate and we got a raise on what 2.8% inflation thanks guys all of us people on social security and fixed incomes just want to starve this year.
I’m 43 and was born in 1982, which means this reading was worse than any in my lifetime. Not 9/11, 2008 financial crisis, or covid created a reading this bad.
Also, when Republicans fret over the budget, they're talking about minimizing *social and health* spending, not minimizing the deficit. Their tendency is to explode the deficit with tax cuts.
A fun byproduct of an increase in inflation is that it triggers an increase in SS payments. So these idiots are driving the insolvency of SS even more.
Trump & Republicans are getting more outrageous by the minute. They are going to hit a tipping point & our country is going to explode! Many have been there for a while, others need a little more convincing. The Nazi Party isn't far from trying to arrest journalists & opposition leaders. Stay tuned!
Comments
@sanders.senate.gov @captmarkkelly.bsky.social
@repjasmine.bsky.social
@chrismurphyct.bsky.social
And similar minded folks because the establishment Dems just aren’t up to this moment.
C’mon people, let’s be Real!
The SCOTUS which is the ONLY remedy to the stop against this nightmare it’s all IN to control & Destroy the Checks & Balances of this corrupt administration. We NEED TO IMPEACH!
eventual actual numbers. IOW, how good a barometer of the future economy has consumer expectations been? I suspect the worse (and broader) the expectations, the more “self fulfilling” they are.
Hisroyalassmessyness
Doesn't
WANT
a
Tariffed
Ruble
or
even a single Penny
from his pal
PUTIN
or
his lover
KIM JONG YUN
Call all Senate & Congress to ask them WHY
202-224-3121
REMIND THEM
TO STAY AWAY
FROM
YOUR VOTING RIGHTS
SSI
THE
Stock Market
Flux fuck
by them
and
BILLIONAIRES
All becuz of ONE ROGUE 🍊💩 malignant narcissist POS!
It’s going to get really bad.
https://www.freep.com/story/news/education/2025/03/27/university-michigan-dei-office-closing/82690676007/
This isn’t just bad luck. It’s the cost of reckless policy, greed, and chaos.
We deserve leadership that fights for stability, not one that gambles with our futures. Stay alert. Stay organized.
That will double.
Whew
Biden on this one.
So if I buy a short and it expires in 3 weeks, and the stock market crashes in 4 weeks .. then I've lost.
There will be the rare "day" it doesn't when trump stops all his shit for one day. But the next he will return.
Day over day, you will make far more than lose.
Until trump "declares victory on tariffs" aka gives up.
Biden left office. Trump is currently in office that is the only thing that changed
It blows my mind how is Trump not in prison. He knows he belongs in prison in his brain he's thinking about all the things he's done to women stolen people's money fraud he knows it in his brain is that why he's so weird guilt no he doesn't have guilt he's a narcissist
It was like buying a house on Mastercard with a extremely high interest rate
Since no one seems to want to pay taxes for anything in America?
Tariffs kill economies.
The Trump Recession has arrived.