The Affordability Crisis: Who Is To Blame?
Posted By: Hazymac, 11/18/2025 11:45:59 AM
Normally I wouldn’t do anything so facile as to blame inflation on a particular politician, but given that the Democrats are pinning their hopes on hanging the “affordability crisis” around President Trump’s neck, a little historical perspective is in order. Thus, from the Unleash Prosperity Hotline: We went back to January 2020 when the pandemic started. We found that 13.5% of cumulative inflation (prices are 24% higher today) has happened under Trump, while 86.5 percent of cumulative inflation happened under Biden. So the “affordability crisis” is the hangover effect of Bidenomics when the White House dumped some $4 trillion of helicopter money out the windows. This chart shows it nicely:
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Normally I wouldn’t do anything so facile as to blame inflation on a particular politician, but given that the Democrats are pinning their hopes on hanging the “affordability crisis” around President Trump’s neck, a little historical perspective is in order. Thus, from the Unleash Prosperity Hotline:
We went back to January 2020 when the pandemic started. We found that 13.5% of cumulative inflation (prices are 24% higher today) has happened under Trump, while 86.5 percent of cumulative inflation happened under Biden.
So the “affordability crisis” is the hangover effect of Bidenomics when the White House dumped some $4 trillion of helicopter money out the windows.
This chart shows it nicely:
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Comments:
The chart showing inflation since January 2020 (beginning of COVID) is instructive. Yes, FJB throwing about money confetti, turned on those printing presses at the Bureau of Engraving and Printing, and covered the world with $USD, now worth a lot less. Anyone with a grasp of basic economics knows why.