Current inflation rate is 2.9%
U.S. inflation rate for 2022 was 8.00%, a 3.3% increase from 2021. U.S. inflation rate for 2021 was 4.70%, a 3.46% increase from 2020. U.S. inflation rate for 2020 was 1.23%, a 0.58% decline from 2019. U.S. inflation rate for 2019 was 1.81%, a 0.63% decline from 2018.
To your point yes the inflation rate is coming down however, the 8% rate was as a direct result of reckless spending by the Dimbulbcrats. Harris was responsible as the tiebreaker for two of the biggest spending bills. Harris’ economic plan includes among other whiz bang doomed to failure pipe dreams, more spending.
I’m intrigued with the Harris plan to jack the corporate tax rate to 35% and using the FTC to enforce food price control? And you think paying 50% more for bread is high? There might not be any.
Insulin costs are down. Medicare is able to negotiate cheaper drug prices. Automatic cash refunds for cancelled flights. They are working on making it so talking to an actual human being for customer service calls.
It’s like those episodes of Star Trek where the ship is getting ■■■■■■ up and when someone asks if everything is fine the response is it’s under control.