lol. heres the link
https://www.bls.gov/news.release/cpi.nr0.htm
and the appro comment
“These increases were partly offset by a
4.9-percent decline in the gasoline index.”
Allan
lol. heres the link
https://www.bls.gov/news.release/cpi.nr0.htm
and the appro comment
“These increases were partly offset by a
4.9-percent decline in the gasoline index.”
Allan
Really? I don’t remember the big opposition to those by Democrats in the House. Not the way Republicans have opposed more recent spending.
energy costs are down.
food prices are high.
Allan
Bull ■■■■■
Inflation eased slightly in August thanks to falling gasoline prices, but the cost of many essentials continues to climb, including soaring power bills that are straining family budgets.
More than 20 million families are behind on their utility bills, with the average debt nearly doubling since December 2019, according to the National Energy Assistance Directors Association.
Roughly 1 in 6 American households are behind on utility bills, as energy prices surge across the U.S. to the highest level in nearly 15 years. In the UK, household energy bills are up 80% compared to last year. Bloomberg News energy writer Will Wade...
https://www.nerdwallet.com/uk/personal-finance/energy-price-rises/
What is behind soaring energy prices and what happens next? - A commentary by Carlos Fernández Alvarez, Gergely Molnar
I could keep going.
Biden has been an economic disaster.
Democrats need to be destroyed in the next election.
These increases were partly offset by a
4.9-percent decline in the gasoline index.”Allan
Which since that report was written has has started going back up.
According to AAA, the national average price of a gallon of gas climbed to $3.92 on Monday.
Prices are likely to keep going higher from here as oil prices climb, according to Patrick De Haan, chief petroleum analyst at the gas price tracking group GasBuddy.com. Higher gas prices: Where and why. Blame production cuts.
Meander down to your local 7-11 and tell the folks filling up gas prices are down…see what kind of reaction you get. Please I beg you to try that …
Report back to the class we’d love to hear the results.
Democrats are for spending
Reps are opposing recent spending because they are not in power. They had no troubles sending big spending budgets when they controlled the house. You guys can’t just rewrite history like this.
Inflation Worse Than Expected, 8.2%…
Yea, but NO CHANGE in policy by democrats!
The inflation rate for the poor is MUCH higher. More like 40%, because the things they must have, food, gas, etc., is near double or more.
I guess inflation isn’t transitory as the Biden Administration told us?
U.S. stocks recovered Thursday after inflation data showed that consumer prices climbed more quickly than expected.
Headline inflation is 8.2%
It’s the highest since 1982?
How did the US defeat 8.2% inflation in 1982?HINT: Once inflation is over 5% the US has NEVER defeated it without raising the FFR higher.
Fed has NEVER pivoted with rates lower than inflation.
N-E-V-E-R done it. Zero times.100% of the data says Fed Funds Rate will go higher than inflation.
0% of the data says 8.2% inflation will be contained any other way.
Recession here we come?
Recession here we come?
We are already there.
Recession has been here. It’s just a weird one because of the labor shortage but it’s here.
Trump did sign those checks and then was derided when he fought to open back up.
That head fake isn’t going to work. Trump had already restored the economy before he left office.
Brandon took ownership and has sunk the economy since.
We all remember very well.
Let’s Go Brandon!!
Trump did sign those checks and then was derided when he fought to open back up.
That head fake isn’t going to work. Trump had already restored the economy before he left office.
Brandon took ownership and has sunk the economy since.
We all remember very well.
Let’s Go Brandon!!
He did not restore the economy before he left office there were 1- 2m fewer jobs when he left office.
You can’t even remember that the gop senate didn’t stop the stimulus bills. How cna you remember “very well”.
Nope.
Everyone knows what Trump did and fought for. The working class and affordable energy and freedom.
Nope.
Everyone knows what Trump did and fought for. The working class and affordable energy and freedom.
And 2k stimmie checks.
Sure he did. The economy as on a roll and Brandon killed it with his EO pen on inauguration day.
Who had Congress?
Who had Congress?
The senate was republican controlled in 2020…
Sure he did. The economy as on a roll and Brandon killed it with his EO pen on inauguration day.
Mhmm sure he did. Gas prices were totlwly not going up during the trump presidency. Not even a little. You guys can’t reset history every time when you feel like it
its DOWN from September.
Allan
…and it’s waaaaaaaaaaaay up from Trump.