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.

  • givesomefucks@lemmy.world
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    17 hours 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.

    • adarza@lemmy.ca
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      16 hours ago

      the per capita health care expenditure for the american for-profit capitalist system, that doesn’t even cover everyone–or everything, is at least 2x that of other ‘western’ nations that have national health care systems.

      single payer, tax funded health care for all would literally pay for itself just from taking what’s already being spent on health care and putting it into the new program.

      subsidies for oil or any other industry are not taking money away from that non-existent health care system. it doesn’t need any.