Topic

Trump praises rising US inflation

3 months ago

U.S. President Donald Trump said he "loved the inflation" after data showed U.S. annual inflation rose to about 4.2 percent in May, the highest in three years.

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Inflation hit 4.2% in May, the highest rate in three years.

Meanwhile, wages grew by just 3.4%.

It gets worse.

Gas prices alone have risen a whopping 40.5% (!) since last year, largely due to Trump's war on Iran.

And grocery prices have spiked 2.7% on the year.

"New Golden Age."
June 10, 2026 at 4:26 PM
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Trump has successfully raised US inflation to 4.2%.
Congratulations!
How did he do it:
1. The war against Iran (as dumb as it gets).
2. Tariffs (dumb all the way).
3. Excessive budget deficit for no macroeconomic reason with unemployment at 4.3%
Dumbest president ever.
June 10, 2026 at 4:02 PM
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CPI inflation hit 4.2% and wholesale inflation hit 6.5% in May — the highest levels in three years.

Do not forget this is the result of the reckless and deadly decision-making of one man: Donald Trump.

We are paying the price for his warmongering.
June 11, 2026 at 6:22 PM
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Q: Are you concerned about the latest inflation numbers that came out this morning?

TRUMP: No, I love it. I love the inflation. You know why? Because as soon as this war is over -- do you know we've been taking out millions of barrels of oil? You know who doesn't know? Iran until right now.
June 10, 2026 at 4:08 PM
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Prices are rising faster than paychecks.⁣

Average wages haven't kept pace with inflation, which means the purchasing power of the typical paycheck is falling.⁣

I explain what's driving it: https://newsletter.platypuseconomics.com/p/war-rages-on-prices-keep-rising-and
June 10, 2026 at 7:00 PM
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Reposted by Jože P. Damijan

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As inflation surges due to Trump's Iran War, don't forget it was already rising before the war thanks to his tariffs.

And despite them being ruled illegal, Trump still hasn't given us a tariff refund!
June 11, 2026 at 10:03 PM
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U.S. consumer prices rose 0.5 percent in May and were up 4.2 percent from a year earlier. "Core" prices, excluding food and energy, were up 0.2 percent month-over-month and 2.9 percent year-over-year.
Data: www.bls.gov/news.release...
Full coverage: www.nytimes.com/live/2026/06...

#NumbersDay
Consumer Price Index Summary - 2026 M05 Results
www.bls.gov
June 10, 2026 at 12:31 PM
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“No one gives a sh*t about housing.”

“If [gas prices] rise, they rise.”

"I don’t think about Americans’ financial situation."

"I love the inflation."

Donald Trump really is a man of the people, isn't he?
June 11, 2026 at 9:15 PM
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Still not on either the NYT or WaPo homepages:

Trump: "I love inflation"
June 10, 2026 at 8:11 PM