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Warpy

(113,373 posts)
3. He took office amid runaway inflation
Thu May 9, 2024, 07:49 PM
May 2024

Since he's been in office, inflation is still increasing month on month, but it's doing so much more slowly. He warned people it was going to get worse before it got any better, and he does seem to be on the right track. It remains to be seen whether or not people have enough of nasty medicine and overthrow the government again, blaming whoever they can catch for this mess. Likely, they'll be the wrong people. Again.

I remember how tough it was to cope with double digit inflation and wages that weren't going to budge until the Republicans were out of office long enough for sane people to realize they're a lagging indicator and not inflationary. I can't imagine prices that triple and then triple again, going back to eating just enough to keep one's stomach from hurting too much.

Shit.

Millei is going to have to address some of the problems the most vulnerable people are facing because of his tough medicine.

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