Just for reference. A harmless tin of cat food has gone from 49 cents a can to 78 cents a can in 2 years. The math isn't hard
I mean, the inflation % came down, the prices haven’t. The administration is trying to gaslight us all into thinking prices have come down.
Amazing how intelligent people can easily see this...but people like Moe, whom I feel has more upstairs than Sammy and a few others, can't see it.
I assume "zero inflation" means no inflation....you agree ?
I do agree. Only one problem with your disinformation post. He said that in 2022 regarding the month of July, one month and his statement was true. Try going outside of the lying MAGA shitholes that you get your info from, K?
But it was a nonsense point to try and even make. You see that, right?I do agree. Only one problem with your disinformation post. He said that in 2022 regarding the month of July, one month and his statement was true. Try going outside of the lying MAGA shitholes that you get your info from, K?
Republicans Are Outraged at Joe Biden for Accurately Describing the Economy
Take the latest round of inflation statistics. On Wednesday morning, the U.S. got its first bit of truly good news about the rising cost of living this year. The Consumer Price Index, which has been surging in recent months, remained essentially flat in July. That was largely thanks to tumbling gas prices, which canceled out rising costs elsewhere. (Technically, the index actually declined a tiny amount, but the change rounded to zero.)
Core inflation, which excludes volatile food and energy prices, and is watched closely by economists and the markets, rose at a 3.8 percent annual rate, its lowest reading since September 2021.
At a White House press conference, President Joe Biden unsurprisingly took a moment to celebrate the welcome reprieve. “Today we received news that our economy had 0 percent inflation in the month of July,” he said. “Zero percent. Here’s what that means. While the price of some things went up last month, the price of other things went down by the same amount. The result, 0 inflation last month.”
The inflation rate in July 2022 was 8.5%. End of story...it was NOT zero.I do agree. Only one problem with your disinformation post. He said that in 2022 regarding the month of July, one month and his statement was true. Try going outside of the lying MAGA shitholes that you get your info from, K?
Republicans Are Outraged at Joe Biden for Accurately Describing the Economy
Take the latest round of inflation statistics. On Wednesday morning, the U.S. got its first bit of truly good news about the rising cost of living this year. The Consumer Price Index, which has been surging in recent months, remained essentially flat in July. That was largely thanks to tumbling gas prices, which canceled out rising costs elsewhere. (Technically, the index actually declined a tiny amount, but the change rounded to zero.)
Core inflation, which excludes volatile food and energy prices, and is watched closely by economists and the markets, rose at a 3.8 percent annual rate, its lowest reading since September 2021.
At a White House press conference, President Joe Biden unsurprisingly took a moment to celebrate the welcome reprieve. “Today we received news that our economy had 0 percent inflation in the month of July,” he said. “Zero percent. Here’s what that means. While the price of some things went up last month, the price of other things went down by the same amount. The result, 0 inflation last month.”
that's what you're going with? lol You started the thread with nonsense so why not keep it going.
Makes perfect sense to me. Inflation had been going up every month and the POTUS gets pummeled so then it goes zero for a month. POTUS mentions it and Repubs are still mad about it nearly 2 years later. Slow news day.
lol I never do this but...Dude, I (easily found info) totally roasted you so just take the L and go on. Feeling ok?
No. He doesn't understand. Whoever gave Moe credit for having any semblance of intelligence was just wrong
Rate of inflation dropped . Huge difference ..... like putting a teaspoon of sugar on cereal after having already covered with a tablespoon of sugar.... hurts my diabetes.....
You got morons like moetard who don't understand no change in the rate of inflation means there is still inflation.
If there's no inflation moe that means you're paying the same for the same goods or services you bought 4 years ago. You know that's not true...not even close. How much were you paying to fill up your car in 2019? How much gas does that buy you today? What about mortgage interest rates and housing?
