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Inflation rose just 0.2% in June, less than expected as consumers get a break from price increases
CNBC ^ | JUL 12 20238:31 AM EDT | Jeff Cox

Posted on 07/12/2023 9:37:40 AM PDT by Red Badger

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1 posted on 07/12/2023 9:37:40 AM PDT by Red Badger
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To: Red Badger

Let the celebration commence - as people don’t understand why the CPI is dropping - it’s called a global recession...


2 posted on 07/12/2023 9:38:40 AM PDT by politicket
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To: Red Badger

If the economy is not bad enough and the people feel cheery and optimistic next fall, then the country will vote for a socialist takeover. Either the American people suffer or the country is lost forever.


3 posted on 07/12/2023 9:42:10 AM PDT by frank ballenger (You have summoned up a thundercloud. You're gonna hear from me. Anthem by Leonard Cohen)
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To: Red Badger
Oh boy Oh boy Oh boy
I guess we were wrong. Joe 81millionvotes Biden and his (on) crack crew have solved the problem.
The problem that Donald Trump selfishly caused by allowing the election to be stolen and actually leaving office on January 21, 2020.

I wonder if that one is convoluted enough

4 posted on 07/12/2023 9:44:49 AM PDT by Tupelo (A House Divided Against Itself Cannot Stand)
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To: frank ballenger

The economy is so bad, I saw a white guy robbing a liquor store.....................


5 posted on 07/12/2023 9:44:58 AM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: Red Badger

Okay, inflation is dropping.

But we are still paying a whole lot more than we did in 2020 for the same item.


6 posted on 07/12/2023 9:45:36 AM PDT by packagingguy
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To: Red Badger

The middle class will be better off if there’s a mild recession. So there will be fewer buyers chasing goods. We were able to crush inflation in the early 1980s with a recession in 1982.


7 posted on 07/12/2023 9:45:37 AM PDT by MinorityRepublican
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To: Red Badger

I don’t really believe these numbers.


8 posted on 07/12/2023 9:47:01 AM PDT by mountainlion (Live well those that did not make it back.)
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To: politicket

Exactly. Not looking forward to this...


9 posted on 07/12/2023 9:47:09 AM PDT by livius
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To: Red Badger

Well, we all see that fuel prices are fairly stable right now, and apparently car prices are imploding. So there’s that.


10 posted on 07/12/2023 9:47:34 AM PDT by cuban leaf (My prediction: Harris is Spiro Agnew. We'll soon see who becomes Gerald Ford, and our next prez.)
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To: Red Badger

All people on a modest, fixed income still have to cope with the old $2.49 grocery items that became $4.99 or $5.29 due to inflation. The prices haven’t gone down even if certain segments of the work force got modest raises.

Millions of people are paying more for everything than the day Trump left the White House.

The increase being slowed doesn’t mean we’re back to Trump days.


11 posted on 07/12/2023 9:47:37 AM PDT by frank ballenger (You have summoned up a thundercloud. You're gonna hear from me. Anthem by Leonard Cohen)
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To: Red Badger

Grocery stores near me have had additional dumpsters brought on site to handle all the unsold food they have to throw away. They no longer will mark down or reduce prices to move sales. It’s insane!


12 posted on 07/12/2023 9:47:52 AM PDT by blackdog ((Z28.310) My dog Sam eats purple flowers.)
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To: Red Badger

When you discount food and energy...... ๐Ÿฎ๐Ÿ’จ๐Ÿ’ฉ and ๐Ÿ–• to the liars.


13 posted on 07/12/2023 9:47:54 AM PDT by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this๐Ÿ’ฉ? ๐Ÿšซ๐Ÿ’‰)
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To: packagingguy
But we are still paying a whole lot more than we did in 2020 for the same item.

That's not going to bother the elite in this country, who's mostly Democratic. It'll be interesting to see the data but I bet you most millionaires in the U.S. voted for Biden in 2020.

14 posted on 07/12/2023 9:48:24 AM PDT by MinorityRepublican
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To: packagingguy

They will bally-hoo this news for the weekend shows.

Inflation ROSE 0.2%, but that is still GOING UP! Just not as fast................................


15 posted on 07/12/2023 9:48:45 AM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: politicket

The CPI is NOT Dropping. The amount of increase is slowing.

Mostly due to fracking in the USA catching up to demand.


16 posted on 07/12/2023 9:48:56 AM PDT by MMusson
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To: frank ballenger

Probably won’t matter who they vote for. ๐Ÿค”


17 posted on 07/12/2023 9:49:04 AM PDT by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this๐Ÿ’ฉ? ๐Ÿšซ๐Ÿ’‰)
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To: blackdog
They no longer will mark down or reduce prices to move sales. Itโ€™s insane!

Give it time. Disney World is no longer too crowded. Apparently, American families can no longer afford to go to Disney World.

18 posted on 07/12/2023 9:49:25 AM PDT by MinorityRepublican
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To: Red Badger

Over the weekend, I found at least three grocery items we purchased had gone up in price from the previous weekend. And I am not talking about the volatile items like eggs, milk, beef, and chicken. Each week, it seems like our grocery bill is a $1 or $2 more than expected. Death by a thousand paper cuts.


19 posted on 07/12/2023 9:49:26 AM PDT by CatOwner (Don't expect anyone, even conservatives, to have your back when the SHTF in 2021 and beyond.)
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To: Red Badger

The 500# fat man didn’t gain any weight this month. Hurray.


20 posted on 07/12/2023 9:49:43 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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