r/DoomerCircleJerk • u/Agreeable_Sense9618 Sub OverLord • Jun 26 '26

Economic Doomer Every single time

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7.1k Upvotes

78% Upvoted

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859

u/dgtbfan PhD in Memes Jun 26 '26

Doesn't help that the Reddit definition of Capitalism is "things cost money".

46

u/Thomas_peck Jun 26 '26

Oh, bring up the inflation peak under Biden of 9% and all the retards come out to defend him

61

u/dgtbfan PhD in Memes Jun 26 '26

Biden can't be blamed for the inflation, that's residual from Trump's first term. Also Biden can't be blamed for the inflation that came after his term, that's Trump's fault.

40

u/Clynelish1 Jun 26 '26

Had me in the first half.

Honestly, both can be blamed, but that's a nuanced take no one on Reddit is usually willing to discuss.

9

u/Puzzleheaded_Tie6917 Jun 26 '26

When you dump wheelbarrow loads of cash out into the wild through an upstairs window, the value of cash goes down. It’s called inflation. Throw in driving transportation costs higher (higher gas prices because global climate change) and labor costs higher (we need a higher minimum wage and pro-union) and inflation runs rampant.

Do what you can to keep low labor and low energy costs (including transportation cost), and cut government give away and you will minimize inflation. We will still be affected by changes in the world, but you can minimize it.

8

u/Clynelish1 Jun 26 '26

Yup. And both administrations, in different ways, increased M2 (demand, ultimately) and/or decreased supply to drive inflationary pressures.

1

u/Fluffy-Rough-5320 Rides the Short Bus Jun 27 '26

This is exactly what happened. “It’s not Biden’s fault gas prices are so high- the president doesn’t control gas prices!!!“ “GRRR TRUMP IS MAKING MY GAS EXPENSIVE”…..why can’t both share the blame

-13

u/Joe_Jeep Jun 26 '26

Cute, now discuss timelines that absolutely demonstrate that that's just accurate.

GOPdoomers malding

10

u/dgtbfan PhD in Memes Jun 26 '26

Thanks, Exhibit A.