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Amazing: Inflation is still rampant

Amazing, we're supposed to ignore inflation as a economic indicator.


1 posted on 01/21/2024 10:44:48 PM PST by where's_the_Outrage?
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To: where's_the_Outrage?

Incomes are down during the bidet administration, on an inflation adjusted basis. Everyone knows they are poorer.


38 posted on 01/22/2024 6:37:11 AM PST by Uncle Miltie (Objective: Permanently break the will of the population to ever wage war again.)
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To: where's_the_Outrage?
Let's not forget the debt and deficits.
39 posted on 01/22/2024 6:38:18 AM PST by 1Old Pro
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To: where's_the_Outrage?

I’m dreading my homeowners insurance renewal that is coming


41 posted on 01/22/2024 6:50:26 AM PST by 38special (I should've said something earlier)
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To: where's_the_Outrage?

I’m reminded why I’m “Unhappy About the ‘Thriving’ Economy” every time I go grocery shopping.


42 posted on 01/22/2024 8:53:23 AM PST by yesthatjallen
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To: where's_the_Outrage?
Well, I bought groceries yesterday for the first time in a long time bc the wife is sick. Shocked is not an adequate word to describe my feelings about prices. I got out for $75, she is on a health kick again so mostly fresh vegetables, OJ, yogurt and such, no protein at all. This money is going somewhere. NO wonder the upper crust have gained 40% on their wealth in the last year or two. People I saw at the store just looked resigned to fate and numb.

Meanwhile, we mortals in the retail investing scheme have taken at least a 25% haircut to inflation alone IF, and that is a big IF, we have finally caught up to where we were two years ago. If you had any bonds you took a bath you will not recover from there any time soon if at all.

In my tour of the grocery store I noted significant emptiness of shelves. I also noticed a lot of full and dusty shelves of high value items, they clearly are not moving.

Cars are another dismal item that have sky rocketed in price. Ditto but more so medical care... if you can even get it in a reasonable time of less than a month or two and then there is the quality issue because it is a crap shoot at best if you survive your care.

43 posted on 01/22/2024 9:37:43 AM PST by Sequoyah101 (Procrastination is just a form of defiance)
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To: where's_the_Outrage?

The media hypes up bad news:

Only when a Republican is in the white house.
When a Democrat is in the white house, it’s silent on any and all negative/bad news. Or if it HAS to report on it, it’s the previous Republican (no matter how long ago it was) that is the cause/at fault.


44 posted on 01/22/2024 9:43:40 AM PST by ro_dreaming (Who knew "Idiocracy", "1984", "Enemy of the State", and "Person of Interest" would be non-fiction?)
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