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.
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.
The sheer instability of the past month had already driven gad prices up about 30c/gal where I am, even as oil prices have dropped overall since jan20th. Oh it’s coming for sure.
Then the Republicans are going to propose building public transportation to ignore that problem.
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.
Reliable, ubiquitous, affordable public transportation is an impediment to segregation via gentrification and suburbs. So Republicans won’t promote that.
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.
Danielle Smith would probably throw at fit if the federal government proposed that plan. Her sucking up to Trump got her a lower tariff rate on oil and she absolutely will not accept anything that would make the oil industry feel the same pain as the other industries affected by tariffs.
If the past month has been any indication of the next 47 of them, Canada might want to start negotiating long-term trade deals with Europe and China while also significantly cutting back on trade with the United States.
Trump has suggested he wants to use economic pressure against Canada.
Trump has “joked” about Canada becoming the 51st state.
Like with blackmailers, once you give into the first demand of someone using threats as a bargaining chip, they come back asking for even more.
Canada seems to have something we need (oil, natural resources). They’re well within their rights to treat us as a hostile nation and show the assholes in power that they need to play nicely in global politics more than they think they do. With the way things are going, the average US citizen is probably fucked either way, so it’s not like it’s going to harm anybody but the oligarchs in the long run.