usernamesAreTrickyOct 4, 2024

Trump losing ground with women on economy, poll shows | An American University poll shows a majority of women trust Harris over Trump to address inflation and bring down the cost of living.

https://lemmy.ml/post/21024153

Trump losing ground with women on economy, poll shows | An American University poll shows a majority of women trust Harris over Trump to address inflation and bring down the cost of living. - Lemmy

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Show threadCruxifuxOct 4, 2024
I don’t think either of them will on any meaningful level, if at all. Maybe I’m just jaded but I haven’t seen cost of living go down in my lifetime, and I blame the infinite growth economic model. If a politician isn’t willing to make concrete steps towards moving away from that then I don’t imagine anything will be done about inflation.
Show threadusernamesAreTrickyOct 4, 2024

The federal reserve’s interest rates are good chunk of what’s going to determine inflation. Trump wants to gut their independence and force them to cut interest rates to near zero. That will make inflation explode

Mwanwhile the current administration is finally actually going after big monopolies after decades of inaction. Will take more time to go through the courts but that can bring down prices in some industries too. Do you think trump will really continue that or stop the lawsuits the minute he gets power?

Other Trump plans are extremely inflationary as well. He plans to put massive tarrifs on a lot of goods. His plans to do deportations that include US citizens will also raise prices too

Show threadCruxifux
Are they? What actions are they taking? I know in Canada our NDP just broke it off with the Liberals for doing exactly the opposite of that.
Oct 4, 2024 at 4:48pmWeb
Show threadusernamesAreTrickyOct 4, 2024

The federal trade commission has started monopoly lawsuits after a number of big companies. Plus going after other anti-competitive practices. Here’s just a handful of the latest FTC’s actions:

Judge rules that Google ‘is a monopolist’ in US antitrust case

US District Court Judge Amit Mehta ruled in favor of the Department of Justice’s antitrust challenge against Google claiming it monopolized online search and ads.

The Verge