DichotoDeezNutzJan 4, 2024

What is an average person living in the US supposed to do about corporations raising prices?

https://lemmy.world/post/10324769

What is an average person living in the US supposed to do about corporations raising prices? - Lemmy.World

They keep raising prices, stating that it’s due to inflation, but then they keep having record profits. Meanwhile, the average American can barely afford rent or food nowadays. What are we to do? Vote? I have been but that doesn’t seem to do much since I’m just voting for a representative that makes the actual decisions.

Show threadTsavo43Jan 5, 2024
Didn’t have this problem under Trump.
Show threadFlorianSimon
People started complaining about inflation when Trump was still president, after people started hoarding toilet paper, then at a larger scale after the first stimulus cheques. I’m not blaming him personally for that specifically, COVID was hard for all countries on Earth, but facts are facts.
Jan 5, 2024 at 3:43amWeb
Show threadTsavo43Jan 5, 2024
Bullcrap. Nice revisionist history. Inflation was non-existent under Trump. This is all on Biden and his doing everything his feeble mind is able to tank the economy.
Show threadHonytawkJan 5, 2024

It was non-existent at the end of Obama’s last turn.

But it definitely is back once Trump started.

Don’t let statistics hit you on your way out.

Current U.S. Inflation Rates: 2000-2026

The annual inflation rate in the United States was 2.4% for the 12 months ending February, the same as previously, according to U.S. Labor Department data released March 11, 2026. The next update is scheduled for April 10 at 8:30 a.m. ET and will cover the 12 months ending March. Below is a chart and

US Inflation Calculator | Easily calculate how the buying power of the U.S. dollar has changed from 1913 to 2026. Get inflation rates and U.S. inflation news.
Show threadFlorianSimonJan 5, 2024

www.factcheck.org/2021/10/trumps-final-numbers/

And even if paychecks grew faster than inflation, so many jobs were lost that inflation was a problem for people under Trump, as I originally stated.