Does anyone really believe the identical basket of groceries they paid $100 for last January only cost $110 today?
And that is probably after doctoring the data to make it look better.
Nobody in DC has to pay for their own food and gas so it is all good.
It’s just transitory though. /s
Just another whack over the heads of all those Biden voters who dragged us into this mess.
Inflation Number Hits 9.7% versus 9.1% Expected
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Expect the unexpected
The only unexpected thing here is that the government didn’t fake the numbers down more.
We smile when the MSM uses the word “unexpected”, an angel gets its wings.
The CPI chart on the home page reflects our estimate of inflation for today as if it were calculated the same way it was in 1990. The CPI on the Alternate Data Series tab here reflects the CPI as if it were calculated using the methodologies in place in 1980. In general terms, methodological shifts in government reporting have depressed reported inflation, moving the concept of the CPI away from being a measure of the cost of living needed to maintain a constant standard of living.
