America the latest numbers on inflation show that we made the right choice. No matter how much the far left tries to say we voted in Hitler. The latest inflation report has shattered the Biden-Harris administration’s false narrative of economic success. Despite their attempts to downplay the impact of rising prices, the truth is clear: American families continue to struggle under the weight of persistent inflation.
The only reason the far left calls Trump Hitler is because they only blame Trump for things which they are guilty of. They are liars, cheats, and want to destroy the sacred institutions of our country. Trump wants to fix these broken institutions back to the greatness which they once had.
The Numbers Don’t Lie: Inflation Ticks Up Again
The U.S. Bureau of Labor Statistics released its Consumer Price Index (CPI) report on Wednesday, revealing an uncomfortable truth for the Biden-Harris team. The annual inflation rate rose to 2.6% in October, up from 2.4% in September. This increase exposes the administration’s claims of “taming inflation” as nothing more than empty rhetoric.
Core Inflation Remains Stubbornly High
Even more concerning is the core inflation rate, which excludes volatile items like food and energy. This crucial metric held steady at 3.3%, far above the Federal Reserve’s 2% target[2][3]. This persistent elevation in core inflation demonstrates that the underlying economic pressures are far from resolved, despite the Biden-Harris administration’s rosy projections.
The Housing Crisis Fuels Inflation
A key driver of this inflationary pressure is the ongoing housing crisis. Shelter costs accounted for over half of the monthly CPI increase, rising 0.4% on a seasonally adjusted basis[5]. This trend has been consistent since April, with monthly shelter inflation ranging from 0.1% to 0.5%[5]. The Biden-Harris administration’s failure to address the housing shortage is directly contributing to the financial strain on American families.
The Trump Solution: A Return to Economic Prosperity
As we look ahead to the incoming Trump administration, there’s hope for real economic change. President-elect Trump’s proven track record of fostering economic growth and reducing inflationary pressures stands in stark contrast to the failed policies of the past four years.
The Federal Reserve’s Dilemma
The persistent inflation has thrown the Federal Reserve’s plans into disarray. Despite recent rate cuts, the prospect of further reductions is now in question[3]. This uncertainty is a direct result of the Biden-Harris administration’s mismanagement of the economy, leaving American consumers to bear the brunt of their incompetence.
Trump Administration will Fix The Biden-Harris Mess
This is why America voted against Harris. She is a liar. She tried to hide the horrific economic crisis we are in that if she won we would have lost the American Dream forever. Our economy is only the best in the world because most of the western world was lead by crazy WOKE governments that have been voted out. The entire world is learning that conservative principles lead to prosperity. WOKE makes countries go BROKE. We see England suffering because they recently voted out the Conservative Party and they are now in a worse position than before.
As we transition to the Trump administration, Americans can look forward to policies that prioritize their financial well-being. The incoming administration’s focus on reducing government spending, boosting domestic production, and implementing smart trade policies will help combat inflation and restore economic stability.
The latest inflation report serves as a stark reminder of the economic challenges facing our nation. It’s clear that the Biden-Harris approach has failed. With President-elect Trump set to take office, we can anticipate a return to the prosperity and economic growth that defined his previous term. The American people deserve nothing less than real solutions and honest leadership in the fight against inflation.
Citations:
[1] https://www.bls.gov/news.release/cpi.nr0.htm
[2] https://www.barrons.com/livecoverage/inflation-cpi-report-release-data-today
[3] https://www.nbcnews.com/business/economy/progress-inflation-likely-stalled-now-rcna179872
[4] https://www.whitehouse.gov/briefing-room/statements-releases/2024/07/26/statement-from-president-joe-biden-on-june-2024-pce/
[5] https://www.housingwire.com/articles/consumer-price-index-inflation-october-2024/
[6] https://waysandmeans.house.gov/2024/10/31/failed-biden-harris-economic-policies-haunt-working-families/
[7] https://eyeonhousing.org/2024/11/housing-costs-continue-to-drive-inflation/