Poor Trump supporters are about to get a rude awakening — but we shouldn't be celebrating
1 week, 3 days ago

Poor Trump supporters are about to get a rude awakening — but we shouldn't be celebrating

Raw Story  

Since the election, you have probably heard a lot about FAFO. “Elon Musk and Vivek Ramaswamy – whom Trump has chosen to lead a new nongovernmental advisory panel, the ‘Department of Government Efficiency’ – have said they want to trim $2 trillion from the government’s annual budget, a cut that some experts say could be accomplished only by slashing entitlement programs,” the Postsaid. If successful, he’d decimate the labor supply and hurt the big farming states like Nebraska and Kansas that cannot function without “illegal” workers to pick their crops. Immigration and Customs Enforcement will almost certainly focus on “illegal” immigrants in states like New York and California, especially in cities like New York City and Los Angeles, because they voted against Trump. And if tariffs make things more expensive for Trump voters, and they will, because they’re inflationary, there’s nothing saying Trump can’t “offer” them a “tax rebate” to offset the increase.

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History of this topic

Trump's Truth Social rant suggests he'll "intentionally raise prices for the American people"
1 month, 2 weeks ago

Trump's Truth Social rant suggests he'll "intentionally raise prices for the American people"

Salon  

Donald Trump, who won in part due to inflation that peaked two years ago, campaigned on a policy of making everything from vegetables to televisions more expensive, suggesting a plurality of voters either did not understand tariffs — and the rippling economic impact of raising taxes on imported goods — or simply did not believe the Republican candidate would follow …

Voter frustration with rising prices had a major impact on the election
2 months ago

Voter frustration with rising prices had a major impact on the election

NPR  

Voter frustration with rising prices had a major impact on the election We look at the impact of inflation on the outcome of the presidential elections this week. Maziar Minovi, who heads the Eurasia Group, has studied dozens of elections going back decades and found whenever there's a sustained period of high inflation, voters are twice as likely to lose …

Inflation versus wages: Trump’s stunning comeback explained in two charts
2 months ago

Inflation versus wages: Trump’s stunning comeback explained in two charts

Al Jazeera  

The rise in prices under the Biden administration proved fatal to Kamala Harris’s election hopes. In exit polls, 45 percent of voters said they were worse off than four years ago, when President Joe Biden took office, versus just 24 percent who said their financial situation had improved. Voters who named inflation as their number one concern broke for Trump …

Trump's Economic Plans Would Actually Worsen Inflation, Experts Warn
2 months, 3 weeks ago

Trump's Economic Plans Would Actually Worsen Inflation, Experts Warn

Huff Post  

LOADING ERROR LOADING WASHINGTON — With characteristic bravado, Donald Trump has vowed that if voters return him to the White House, “inflation will vanish completely.” It’s a message tailored for Americans who are still exasperated by the jump in consumer prices that began 3 1/2 years ago. Sixteen Nobel Prize-winning economists signed a letter in June expressing fear that Trump’s …

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