I'm 55. This is the worst economy i've ever seen.

[Imallin4Joe]

Just due to inflation.

Trump's tariffs are driving up the cost of everything.

Have we all seen the cost of beef lately?

Is food becoming unaffordable under Trump due to his idiotic policies?

[bearsfootball516]

1. $8.00 for a pound of ground beef at my local Kroger, $9.00 for ground chuck.

Insane.

[dsc]

2. My part of the country was worse in the 1980s but that said

this is pretty awful.

[Imallin4Joe]

7. With ya.. I grew up in the 80's and remember Reagenomics all too well..

This is worse in my own life. The cost of everything. Food etc..

I was born in 1970 for context.

[dalton99a]

3. Eating out for two at a crappy place is now 30-50 bucks

Home cooking is best

[mnhtnbb]

5. Brunch for 3 on Sunday was $83. plus tip, $99.

We each had Black Truffle scrambled eggs, served with potatoes. Three American coffees. One specialty morning bun to share. No juice. No dessert. No alcohol.

Yes, it's a nice French restaurant that serves brunch on Sunday. Has a lovely outdoor patio. But almost $100. for three of us!!!

[Strelnikov_]

4. Consumer Sentiment index at a record low

Lower than ‘08

[dalton99a]

8. And trending down further

[Imallin4Joe]

12. If that graph was flying a jet..

Last edited Tue Apr 14, 2026, 11:59 AM - Edit history (1)

it would get the warning.. PULL UP PULL UP!!

Yes, it is in a nosedive.

Thanks for the graph. Shows it quite clearly.

[Fiendish Thingy]

6. Perhaps you are too young to remember the double digit inflation of the late 70's-early 80's

When mortgages were also in the teens.

It was pretty bad then.

But now, the widespread suffering isn’t caused by OPEC, it’s caused by one man’s impulsive actions, and his party’s refusal to stop him.

[Imallin4Joe]

10. Nope, I fully remember high interest rates and inflation..

brought on by long before Carter by Nixon/Ford..

Carter had to clean up the shit left by those two Fascists.

Not trying to go off on you but just saying, I remember it well.

[Fiendish Thingy]

11. The impact on you seems to have faded with the passage of time

And the impact of current conditions feels worse. It’s called “recency bias”.

Inflation peaked at 14.8% in March 1980. I remember coffee, sugar, milk, beef all skyrocketing in price back then.

https://www.usinflationcalculator.com/inflation/historical-inflation-rates/

The highest inflation we’ve seen in recent years is 9 point something in 2022.

The most recent inflation number, which doesn’t completely account for the jump in oil prices, was around 3.3%.

Mortgage rates peaked at 16% in 1982

https://www.bankrate.com/mortgages/historical-mortgage-rates/

Today’s mortgages are around 6.5% for a 30 year fixed?

So, just statistically, things were worse in the late 70’s-early 80’s.

That doesn’t mean millions of Americans aren’t suffering right now, and it looks like that suffering will intensify in the coming months

[Bobstandard]

16. And let's not forget the gas shortages

A whole generation has never had to wait in lines around the block to get gas. Or knows about how you were only permitted to buy gas on even or odd numbered days depending on your license plate number.

How long until the lines are back? Shall we start a pool?

[CanonRay]

15. Yes, 14% home loans, stagflation, gas lines, thousands of Vietnam vets looking for jobs.

The 70s sucked.

[samsingh]

9. world economies are in a complete mess

[dalton99a]

13. Developing countries will slide back toward deprivation, poverty, violence, mass migration

[Maru Kitteh]

14. Meh. You were around for the late 80's That was plenty ugly, but you

were not the one paying the electric bill and buying the groceries then. I’m not tooo far ahead of you in years, so I wasn’t either, but I remember looong lines of people looking for jobs (sorry, no online applications in the 80’s lol) and family plans curtailed, delayed and discarded by high costs in general.

[BannonsLiver]

17. Amazed and so in awe of the people in the thread who had to walk to school uphill BOTH WAYS.

[Timewas]

18. Well

I am 84 and I agree with that, never seen anything this bad.

[JCMach1]

19. Not the worst in my 59 years, but a really bad combo

Of consumer inflation (especially food ACROSS the board) and jobs.

[Emile]

20. It's a horrible economy. When a right-wing lunatic tells you about how good the DOW

has been under Trump, ask them why overseas markets have over performed US markets by 15% since Trump took office.

[Johnny2X2X]

21. It's going to get bad, very bad

People who know my posting history, know I often dissuade people from making financial decisions based on politics. Trump didn't destroy the economy in his first term until Covid.

But things are going to be very bad. The economy is a job creating machine, the job creation machine has created virtually no jobs for over a year now. That's a freaking disaster and will be more impactful than inflation. People losing their jobs will just be stuck looking for work for month after month and then year after year. We needed to create 2 million more jobs than we did since Trump took over to drive growth. We have a 2 million job deficit that is going to bludgeon the working class for years to come.

[spanone]

23. The Supreme Court rulled against his tariffs.

Are they all still intact?