Inflation Worse Than Expected, 8.2%

[Samm]

@biggestal99

@PurpnGold

Sure.

But inflation is still lower now than it was last year at this time.

As far as I can tell, no one in this thread said prices are lower now than they were in 2019/2020.

Just that the rate of inflation is lower, which is a good thing.

prices coming down is deflation. thats not happening.

OMG! Have you finally seen the light?

[Oldandtired]

You still hurt because not everyone loved your god obama?

[Ceasar]

@biggestal99

@Samm

Not significant? 3% is 50% greater than 2% and 200% greater than 1%.

so instead of a 4.08 coffee at dunkin donuts its 4.12

yes those 4 pennies are significant. lol.

Allan

Well since democrats took over, 2 years ago, the average poor and middle class family’s expenses are up $1,000 - $1,500 a month. That’s a heavy hit on them. Vote democrat!

[Ceasar]

@SpacemanSpiff

Looks like Obama’s average was 1.4%. Credit where credit is due?

Great! But nobody in my area had a job, or part time. Those that kept their jobs was doing well. I lost everything. Everything.

Also, like Biden, Obama was super divisive all the while blaming republicans for the division, just like Biden.

[Samm]

@Ceasar

@SpacemanSpiff

Looks like Obama’s average was 1.4%. Credit where credit is due?

Great! But nobody in my area had a job, or part time. Those that kept their jobs was doing well. I lost everything. Everything.

Also, like Biden, Obama was super divisive all the while blaming republicans for the division, just like Biden.

“We gotta have middle class families up in front. We don’t mind the Republicans joining us. They can come for the ride, but they gotta sit in back.” - President Barack Obama

[biggestal99]

@Samm

Of course not. You don’t believe in math, right?

not republican math designed to make biden look bad and pump up trump.

Allan

[Samm]

Allan, no matter how you try to rationalize it otherwise, 3% is 50% greater than 2% which by any measure is significant. Math.

[NCREDSTATE]

It appears he is a science denier, again.

[FreeAndClear]

@Samm

@FreeAndClear

@Samm

@SpacemanSpiff

Looks like Obama’s average was 1.4%. Credit where credit is due?

Inflation is normally down during a recession. Should we give him credit for that too?

The one that ended in June of 2009

See what i mean @SpacemanSpiff - Obama bad! Never good. Ever ever ever.

Really? You’re the only one who mentioned Obama in that exchange.

I am not @SpacemanSpiff

[FreeAndClear]

@Samm

@FreeAndClear

@Samm

@SpacemanSpiff

Looks like Obama’s average was 1.4%. Credit where credit is due?

Inflation is normally down during a recession. Should we give him credit for that too?

Right and the inflation rate at 1.4 when President Trump exited office wasn’t in part because of a severe economic slowdown?

Are you talking about the economic slowdown during the last two years of the Obama administration or are you talking about the slowdown caused by the Covid shutdown?

Inflation never exceeded 3.9% under Obama and it never exceeded 2.9% under Trump. Biden beats them both … combined.

What economic slowdown during obamas last two years? The gdp was 2.71 in 2015 and 1.67 in 2016

2.71 was higher than gdp in 2017 and 2019.

I was talking about covid.

[FreeAndClear]

@Ceasar

@SpacemanSpiff

Looks like Obama’s average was 1.4%. Credit where credit is due?

Great! But nobody in my area had a job, or part time. Those that kept their jobs was doing well. I lost everything. Everything.

Also, like Biden, Obama was super divisive all the while blaming republicans for the division, just like Biden.

An unemployment rate was in the mid 3s by the time Obamas second term came to an end. Nobody in your area had a job or they were all service jobs or part time jobs is that much nonsense

[biggestal99]

@Samm

Allan, no matter how you try to rationalize it otherwise, 3% is 50% greater than 2% which by any measure is significant. Math.

not rationalization. just differing opinions.

Allan

[mot1man]

Opinions?

Here, maybe this will help.

Inflation Calculator | Find US Dollar's Value From 1913-2023

[biggestal99]

@mot1man

Opinions?

Here, maybe this will help

okay. that there is inflation is an undisputed fact

according to that something that cost 1.00 in 2022 costs 1.04 this year. (on average)
that is the fact. the opinion in question that everyone must determine on their own is whether that is a significant or not.

for me its not. for others it is.

thanks for the link.

Allan

[Samm]

@FreeAndClear

@Samm

@FreeAndClear

@Samm

@SpacemanSpiff

Looks like Obama’s average was 1.4%. Credit where credit is due?

Inflation is normally down during a recession. Should we give him credit for that too?

The one that ended in June of 2009

See what i mean @SpacemanSpiff - Obama bad! Never good. Ever ever ever.

Really? You’re the only one who mentioned Obama in that exchange.

I am not @SpacemanSpiff

I didn’t say you were. My post addresses you, not him.

[Samm]

@FreeAndClear

@Samm

@FreeAndClear

@Samm

@SpacemanSpiff

Looks like Obama’s average was 1.4%. Credit where credit is due?

Inflation is normally down during a recession. Should we give him credit for that too?

Right and the inflation rate at 1.4 when President Trump exited office wasn’t in part because of a severe economic slowdown?

Are you talking about the economic slowdown during the last two years of the Obama administration or are you talking about the slowdown caused by the Covid shutdown?

Inflation never exceeded 3.9% under Obama and it never exceeded 2.9% under Trump. Biden beats them both … combined.

What economic slowdown during obamas last two years? The gdp was 2.71 in 2015 and 1.67 in 2016

2.71 was higher than gdp in 2017 and 2019.

I was talking about covid.

The recovery from the 2008 recession ended in 2014 almost two years to the day from the 2016 election.

Covid had no discernible effect on inflation in 2020. I posted the numbers; see for yourself.

[FreeAndClear]

Hence i wasn’t the one who brought up Obama.

[FreeAndClear]

The recover from 2008 ended in 2014 by what metric?

[Samm]

@biggestal99

@Samm

Allan, no matter how you try to rationalize it otherwise, 3% is 50% greater than 2% which by any measure is significant. Math.

not rationalization. just differing opinions.

Take a 50% cut in pay and then tell us how insignificant it is.

[FreeAndClear]

@Oldandtired

You still hurt because not everyone loved your god obama?

Nah it’s the fact that you guys can’t admit that the whole worst recovery ever so much nonsense.