this post was submitted on 12 Feb 2025
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[–] [email protected] 1 points 6 minutes ago

"unexpectedly" is a word they use but I am not sure they know what it means.

[–] [email protected] 18 points 1 hour ago

Unexpected by whom?

[–] [email protected] 23 points 6 hours ago
[–] [email protected] 56 points 10 hours ago

Unexpectedly?

Yiyre kidding, right? I was quite literally waiting for this news. It never wss an if, just how bad

[–] [email protected] 97 points 11 hours ago

Republicans just took power.

Not unexpected at all.

[–] [email protected] 80 points 12 hours ago (1 children)

We hired one of the worst people in the world to lead us. It's a stretch to call this unexpected.

[–] [email protected] 9 points 11 hours ago
[–] [email protected] 33 points 11 hours ago (1 children)
[–] [email protected] 424 points 17 hours ago (7 children)
[–] [email protected] 21 points 10 hours ago

Somehow, inflation returned

[–] [email protected] 12 points 11 hours ago

Definitely a solid onion headline worded like that.

[–] [email protected] 101 points 16 hours ago (3 children)

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.

[–] [email protected] 7 points 6 hours ago

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.

[–] [email protected] 63 points 15 hours ago (3 children)

Correct me if I’m wrong, but don’t most (if not all) Republican administrations cause recessions or other damage to economies?

[–] [email protected] 56 points 15 hours ago* (last edited 15 hours ago) (2 children)

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

[–] [email protected] 20 points 15 hours ago

Same with budget deficits, Clinton even got surpluses...

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[–] [email protected] 9 points 11 hours ago

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.

[–] [email protected] 25 points 15 hours ago (1 children)

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.

[–] [email protected] 9 points 13 hours ago (1 children)

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.

[–] [email protected] 9 points 12 hours ago

What that actually means is left to interpretation but so it goes.

It means they think minorities had too much money.

[–] [email protected] 6 points 12 hours ago* (last edited 12 hours ago) (1 children)

Inflation has generally dropped significantly in most developed countries and is mostly tied to post-pandemic effects and the war in Ukraine. So if you ignore the debilitating influence of Trump, you would expect inflation to continue to drop in the US too.

The 3% rate isn't actually all that high currently, but you'd expect it to trend up again due to tariffs, both from the actual effects and as an excuse for companies to raise prices.

Or Trump could cause a serious recession/depression, in which case inflation will drop (but you won't be able to buy anything anyway, since you'll have lost your job).

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[–] [email protected] 10 points 13 hours ago

They forgot the /s

[–] [email protected] 30 points 17 hours ago

Denial first, surprises later.

[–] [email protected] 7 points 13 hours ago

British humour.

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[–] [email protected] 30 points 12 hours ago (1 children)

I fucking love how there is basically only one comment on this entire post

[–] [email protected] 3 points 6 hours ago

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?"

[–] [email protected] 167 points 17 hours ago* (last edited 16 hours ago) (3 children)

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.

[–] [email protected] 29 points 16 hours ago (5 children)

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.

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[–] [email protected] 8 points 14 hours ago (1 children)

And his idea to fix inflation? Cut interest rates.

[–] [email protected] 4 points 10 hours ago* (last edited 9 hours ago)

Turkey did this and the value of their currency halved in value per year for two consecutive years. Imagine if in 2 years a dollar became worth only 50 cents and then a quarter. Everything would cost four times more and, if wages didn't keep up, there would be a revolution (or at least I'd hope so).

Eggs at $32/dozen. One can only dream.

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[–] [email protected] 36 points 15 hours ago (1 children)

who ever wrote this article is a total moron. Unexpectedly? noo.

[–] [email protected] 15 points 14 hours ago

14 years of Conservative government has left the BBC senior ranks full of Tory placeholders and shills.

[–] [email protected] 7 points 11 hours ago

I wouldnt be surprised if foreign investors in US Bonds were dropping that shit like it was radioactive.

[–] [email protected] 53 points 17 hours ago (1 children)
[–] [email protected] 23 points 16 hours ago (2 children)

Oh God, no! It's the Spanish inflation!

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[–] [email protected] 39 points 17 hours ago

“Unexpectedly”

If it’s anything to me, it’s unexpectedly low.

[–] [email protected] 40 points 17 hours ago (1 children)

[email protected]

Good job on voting to cancel out Joe Biden’s monopoly breakup because he didn’t do it fast enough

[–] [email protected] 26 points 16 hours ago (1 children)

"If things aren't good enough, we should make them worse to teach those layabouts a lesson!" - People who have no intention of suffering the consequences of their actions

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[–] [email protected] 34 points 16 hours ago (2 children)
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[–] [email protected] 21 points 16 hours ago* (last edited 16 hours ago)

Thank President Musk and his First Lad Trump.

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