[Lonesome in Massachussets]

I can believe that inflation, the rate of change in prices, is lower than last year, but the economy is still going to hell in a handbasket and the DIRECTION has not changed.

People are still FEELING THE EFFECT of three years of OUT OF CONTROL SPENDING AND BORROWING by the Biden administration. The fact that people have not adjusted to the “new normal” is completely understandable. It may take time for perception to catch up to (temporarily) more stable prices. We all know that if Biden wins reelection, as a lame duck, he will go on another frightful, inflationary spending jag.

[Elsie]

People are still FEELING THE EFFECT of three years of OUT OF CONTROL SPENDING AND BORROWING by the Biden administration.

We didn't BORROW anything. We just printed 'money'.