Summary

Inflation in the U.S. rose 3% in January, with rent alone accounting for 30% of the increase.

Egg prices soared due to avian flu, worsening grocery costs.

Despite pledging to lower prices, Trump blamed inflation on Biden and foreign countries while avoiding specifics on his plan.

In a Fox News interview, he dodged questions about when prices would drop, instead citing trade deficits. The White House press secretary confirmed that the administration has no clear timeline for addressing the rising cost of living.

  • Arghblarg@lemmy.ca
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    11 days ago

    I hope Canada applies a massive export tax to oil & gas… and redistributes the revenue to steel and aluminum workers here to ease the effect of the tariffs on same.

    Make the US people feel higher gas prices and they’ll turn against him. History has shown this is the best way to sink a president and his party’s support.

      • NuXCOM_90Percent@lemmy.zip
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        11 days ago

        This is america.

        We are going to build hellhole dormitories for workers to live on site at the kroger LONG before we acknowledge that investing in public transportation would have benefits.

        Oh, and we’ll probably buy a shit ton of teslas so that every county is required to have a fleet for “special” employees.

    • givesomefucks@lemmy.world
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      11 days ago

      Make the US people feel higher gas price

      It’s why I spent four years saying rather than tax incentives for electric vehicles, we need to just level the playing field and take away gas subsidizes. But good luck getting either party here to hurt fossil fuel profits. Both our options this election were pro-fracking.

      It’s fucking insane that we can’t socialize healthcare, but everyone needs to pitch in so Bill can drive his giant truck an hour to sit at a desk for 8 hours twice a day.

      There is literally zero reason for gas subsidizes when we’re trying to get people to move on from gas.