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Ted Cruz is freaked out about inflation. But there has been absolutely none for a year.
Vox ^ | November 14, 2015 | Timothy B. Lee

Posted on 11/14/2015 8:29:53 PM PST by 2ndDivisionVet

A lot of conservative voters — especially those old enough to have lived through the high inflation of the 1970s — are convinced that America is currently suffering from an inflation problem. Sen. Ted Cruz (R-TX) pandered to those voters in a recent Republican presidential debate, blaming the "loose money" policies of the Federal Reserve for raising the prices of various consumer products.

But new data released Friday by the Bureau of Labor Statistics shows that overall, prices aren't going up. At all.

Between September and October, prices actually fell slightly. And over the past year, the inflation rate was exactly 0.0 percent....

(Excerpt) Read more at vox.com ...


TOPICS: Texas; Campaign News; Issues; Parties
KEYWORDS: 2016election; cruz; dailykos; demagogicparty; economy; election2016; inflation; markosmoulitsas; memebuilding; partisanmediashill; partisanmediashills; tedcruz; texas; timothyblee; timothylee; vox
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To: 21twelve

Inflation is the cost of stuff you need excluding gasoline, food, clothing, air and water among other things. It’s probably primarily measured by (manipulated) precious metals, computer chips and Mexican day labor rates...


41 posted on 11/14/2015 9:39:50 PM PST by Axenolith (Government blows, and that which governs least, blows least...)
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To: Fai Mao

And a 70-1/2 RS with a 2 jet Rochester could pwn that thing off the line...


42 posted on 11/14/2015 9:43:25 PM PST by Axenolith (Government blows, and that which governs least, blows least...)
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To: Smokin' Joe

And don’t forget cartons of orange juice. Prices have skyrocketed, but the size of the carton has dropped from 64oz to 59oz.

Mark


43 posted on 11/14/2015 9:44:00 PM PST by MarkL (Do I really look like a guy with a plan?)
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To: 2ndDivisionVet

Figures don’t lie but liars figure!


44 posted on 11/14/2015 9:48:01 PM PST by Tuketu (The Dim Platform is splinters bound by crazy glue. The Tea Party is the solvent)
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To: 2ndDivisionVet

I say when you can’t get a decent pack of toilet paper for under $ 4.00 that’s inflation.

A pack of cookies $ 4.00

A 16oz bottle of coke $ 1.87

The only real thing that has gone down is a gallon of gasoline.

No, wait, it went up again in the last few days.


45 posted on 11/14/2015 9:58:05 PM PST by American Constitutionalist
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To: 2ndDivisionVet

Cheapest loaf of bread ?

$ 1.87 $ 2.00


46 posted on 11/14/2015 9:58:52 PM PST by American Constitutionalist
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To: Thorliveshere

Shoe soup and stinky socks stew is starting to look appealing at these outrageous prices..


47 posted on 11/14/2015 10:00:57 PM PST by American Constitutionalist
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To: Gunslingr3

Well, he can stick his iPad in a pot of boiling water and stew on it.


48 posted on 11/14/2015 10:02:50 PM PST by American Constitutionalist
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To: Jim Robinson

Indeed. But the low price of gas masks the truth.


49 posted on 11/14/2015 10:05:13 PM PST by RobbyS (quotes)
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To: Axenolith

Yeap, 1978 was sort of the nadir of US muscle cars. My uncle had a 1968 RS.


50 posted on 11/14/2015 10:05:15 PM PST by Fai Mao (Genius at Large)
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To: Smokin' Joe

I’d stay away from tunafish because you don’t know what kind of meat is really in it.

It wasn’t long ago they found a dead body in one of the tuna ovens or something like that or someone fell into one of the machines at a tuna plant.


51 posted on 11/14/2015 10:05:15 PM PST by American Constitutionalist
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To: entropy12

It pays to repair your own car if anyone has that skill.

Can save 100s of dollars.

Get parts if you can from Rock Auto.


52 posted on 11/14/2015 10:07:58 PM PST by American Constitutionalist
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To: 2ndDivisionVet

Apparently the author doesn’t do the grocery shopping.


53 posted on 11/14/2015 10:15:03 PM PST by skr (May God confound the enemy)
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To: ctdonath2

0.00% inflation rate for this year? I hate to do it but I am going to have say that my BS meter just pegged. Just another stick in the eye of the American public, thanks Zero ya jug eared son of a ho. I am being kind.


54 posted on 11/14/2015 10:20:10 PM PST by Foundahardheadedwoman (God don't have a statute of limitations)
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To: Thorliveshere

Cooked correctly roadkill can be pretty tasty. Got to be fresh though.


55 posted on 11/14/2015 10:22:52 PM PST by Foundahardheadedwoman (God don't have a statute of limitations)
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To: 2ndDivisionVet

And our corrupt government will also tell you that unemployment is at 5%, even though there are 94 million people out of work.


56 posted on 11/14/2015 10:25:20 PM PST by kaehurowing
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To: 2ndDivisionVet

Cattle Rustling! It’s the fastest growing segment of the cattle market.


57 posted on 11/14/2015 10:27:26 PM PST by Foundahardheadedwoman (God don't have a statute of limitations)
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To: Sgt_Schultze

Sometimes there is justice, like the class action suit for false advertising filed against Subway because it shrunk its “Foot-Long” sandwiches to eleven inches.


58 posted on 11/14/2015 10:36:25 PM PST by kaehurowing
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To: Axenolith

A quick search just came up with that the “Core Inflation Rate” DOES NOT include food or energy (gas)! Well - no wonder it is so low!!


59 posted on 11/14/2015 11:12:52 PM PST by 21twelve (http://www.freerepublic.com/focus/f-news/2185147/posts It is happening again.)
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To: 2ndDivisionVet

The useful Shadow Government Statistic website shows their alternative consumer price inflation measure as having a rate of between five and ten percent.


60 posted on 11/15/2015 12:02:07 AM PST by Rockingham
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