dmallord
Humble Hobbit
- Joined
- Jun 15, 2020
- Posts
- 5,298
Yes it was a bad economic time with lots of contributing factors:A basket of groceries that cost $100 in 2019 cost $136 in 2024. That's a bad economy. Gas, housing, clothing, and groceries were al way up during Biden's four years from when he took office.
- Trump left us behind the curve in battling COVID-19, and its effects were devastating.
- The economy reeled as a result of that, driving up prices.
- Ukraine was defending itself against an invasion and it affected food markets around the world. It is a major grain market, and it had an impact on the US prices as well.
- Coming out of COVID, corporations took advantage of marketing and raised prices
- We went through severe drought and floods also contributing factors
- Costs of farm equipment and fertilizer increased significantly.