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 ...
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...
And a 70-1/2 RS with a 2 jet Rochester could pwn that thing off the line...
And don’t forget cartons of orange juice. Prices have skyrocketed, but the size of the carton has dropped from 64oz to 59oz.
Mark
Figures don’t lie but liars figure!
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.
Cheapest loaf of bread ?
$ 1.87 $ 2.00
Shoe soup and stinky socks stew is starting to look appealing at these outrageous prices..
Well, he can stick his iPad in a pot of boiling water and stew on it.
Indeed. But the low price of gas masks the truth.
Yeap, 1978 was sort of the nadir of US muscle cars. My uncle had a 1968 RS.
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.
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.
Apparently the author doesn’t do the grocery shopping.
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.
Cooked correctly roadkill can be pretty tasty. Got to be fresh though.
And our corrupt government will also tell you that unemployment is at 5%, even though there are 94 million people out of work.
Cattle Rustling! It’s the fastest growing segment of the cattle market.
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.
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!!
The useful Shadow Government Statistic website shows their alternative consumer price inflation measure as having a rate of between five and ten percent.
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