Real hourly wage growth at -1.9%, Food at home up 12% YoY, Fuel Oil up 65.7% YoY and “shelter” up 7.1% YoY. HOW is this relief???
It’s not relief. They’re saying we should be numb to the increases. Egg prices are ridiculous and I don’t buy many eggs. Joe tried this lie on Twitter saying wages had caught up with inflation or something. Total lie. Was it tagged misinformation? Nope.
I paid at least double, maybe triple for scallions yesterday than not too long ago. My house is worth over double what I paid 6 years ago, yet no young people can buy it and prices aren’t really backing down at all.
The crap-weasals who cook the inflation books are clowns. They no longer use food, energy and housing in their calculations.
It’s a joke, but the math catches up sooner or later. It already is.