The inflation rate slowing down does not mean that the price of goods receded to Trump era levels.
Went to visit a friend a week ago. Last minute so we all decided to order sandwiches from a small local well established restaurant.
3 people, three sandwiches with a side each (fries/O rings) but no beverages. The bill was $75! We were astonished.
That would buy 6 sandwiches with sides about 4 years ago.
So, yeah, you caused 100% inflation but last month it was only 3 percent (if you leave out things like housing, fuel, insurance etc).
Thank you, may I have another.
Guess who's going to win......snx?
You’ve got that right. The increase may have slowed a bit, but ain’t nothing going down in price.
Precisely, the middle class (esp small biz and retirees) has been damaged by mister Biden’s inflationary policies.
Lowering the rate ( even at their fictionally derived levels) does restore anything.