29 minutes ago, TedG said:

Biden’s’ polices pushed inflation,  

Most of the inflation was global in 2022. It was similar everywhere. 

 

And gdp growth under Biden was 2 to 3 times higher than in other developped economies. It's not the case any more.

 

https://www.imf.org/external/datamapper/PCPIPCH@WEO/USA/ADVEC/MAE/EURO

6 minutes ago, candide said:

You are obviously not good at maths, and still believe whatever B.S. Trump tells you! 🤣

 

Here's the calculation for you.

- CPI on Jan 2025: 317.671  
- CPI on Jun 2025: 321.465  
- Inflation Rate:  
  $$\frac{321.465 - 317.671}{317.671} \times 100 \approx 1.19\%$$

So, U.S. inflation rose approximately 1.19% over the first half of 2025.

https://cpiinflationcalculator.com/2025-cpi-and-inflation-data-for-the-united-states/

I don't believe anything, anyone tells me, including Trump.  If you believe inflation is what they say, then you are an idiot that simply can't think for yourself.   Do you really think there was any year this century that did not have 5% inflation, let alone 0 inflation, like they try to tell you.

 

Is anyone really that stupid ?

 

23 minutes ago, candide said:

Most of the inflation was global in 2022. It was similar everywhere. 

 

And gdp growth under Biden was 2 to 3 times higher than in other developped economies. It's not the case any more.

 

https://www.imf.org/external/datamapper/PCPIPCH@WEO/USA/ADVEC/MAE/EURO

Joe Biden is more responsible for high inflation than for abundant jobs

The main effect of the president’s economic policies has been to boost prices

 

 

https://www.economist.com/leaders/2023/05/11/joe-biden-is-more-responsible-for-high-inflation-than-for-abundant-jobs

44 minutes ago, CallumWK said:

 

What has the police to do with inflation?

 

Maybe the below was self reflection??

 

 

I’ll dog walk you in a real political debate. 

34 minutes ago, candide said:

You are obviously not good at maths, and still believe whatever B.S. Trump tells you! 🤣

 

Here's the calculation for you.

- CPI on Jan 2025: 317.671  
- CPI on Jun 2025: 321.465  
- Inflation Rate:  
  $$\frac{321.465 - 317.671}{317.671} \times 100 \approx 1.19\%$$

So, U.S. inflation rose approximately 1.19% over the first half of 2025.

https://cpiinflationcalculator.com/2025-cpi-and-inflation-data-for-the-united-states/

The target rate is 2% per year.  Thus, the numbers are not out of line. 

1 hour ago, candide said:

2022 was a year of global inflation for reasons everyone knows...

 

So according to your meme, inflation was lower at the end of Biden's mandate, when economic conditions were similar, than now under Trump. Did I read well? 

The US inflation was pushed by demand.  

 

The inflation in the EU was due to energy issues.

 

https://www.americancentury.com/insights/us-europe-a-tale-of-two-inflations/

7 minutes ago, TedG said:

The target rate is 2% per year.  Thus, the numbers are not out of line. 

So Trump did not bring down the price of groceries, as promised, right? (That was my point). 🤣

19 minutes ago, TedG said:

The US inflation was pushed by demand.  

 

The inflation in the EU was due to energy issues.

 

https://www.americancentury.com/insights/us-europe-a-tale-of-two-inflations/

From the graphs in your source, energy prices increase played a major role on both markets. 

The US had more core inflation but 2 to 3 times more growth than the EU. 

 

BTW, the small decrease of inflation under Trump is mainly due to lower energy prices thanks to opec.

 

 

Canada used to be dependent on the US to sell its energy - gas, oil and hydropower.

 

Thanks to a 570 km pipeline, financed mainly by Asian interests, it is starting bulk exports of LNG to Asia. Delivery is 10 days, instead of the 20 days from the Middle East and Australia. Oil is probably next.

 

At the same time, America has put a 10% tariff on Canadian gas and oil. It gets 50% of its energy requirements from Canada.

 

Anyone who thinks this tariff will be good for the American economy is delusional. The wound is self-inflicted.

7 minutes ago, candide said:

From the graphs in your source, energy prices increase played a major role on both markets. 

The US had more core inflation but 2 to 3 times more growth than the EU. 

 

BTW, the small decrease of inflation under Trump is mainly due to lower energy prices thanks to opec.

 

 

I guess you decided to not read the article. 

I will enjoy watching Canada hand Trump an embarrassing defeat. What kind of diplomat pisses off its two biggest trading partners?

21 minutes ago, TedG said:

I guess you decided to not read the article. 

I read but also look at the data. Demand played a role but energy increased by 34% (vs 39% in the EU).

The U.S. is heading into stagflation.

 

Enjoy.