When Donald Trump left office, even with the millions who were out of work, Inflation was at 1.4%. Joe took over and started shutting things down, and went into the COVID panic. Almost one year later we’re at 7% Inflation. “U.S. inflation pressures show no sign of easing,” said James Knightley, chief international economist at the financial services company ING.
Prices rose sharply in 2021 for cars, gas, food and furniture to name just a few. And according to CNBC, Your pay actually dropped almost 2.5% ( 2.4 ) . Have no fear, White House yesterday said Inflation should ease by 2025.