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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: American Constitutionalist

I have done my own break pad replacement,
changed fuel pumps,
tuned my cars hundred times,
changed oil & oil filters + Fuel filters + Air filters,
Flushed cooling systems,
changed V-belts...

But no more. Tool old. I don’t even bother changing oil myself. But I know exactly what you are saying about saving money. The trick is to know what exactly needs fixing before taking the jalopy to the repair shop. Then they can’t gyp you too much. Once they wanted to overhaul my engine, telling me I had cracked main bearings, but I diagnosed the problem as a broken rocker arm, so instead of $5000 it cost me $300.


61 posted on 11/15/2015 12:20:18 AM PST by entropy12 (DEPORT ALL ILLEGALS or it is Amnesty! Only Trump has no rich donors pushing for cheap labor express)
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To: 21twelve

It also can’t possibly include property taxes or health insurance or car insurance. Because it is different in different cities & counties.


62 posted on 11/15/2015 12:23:36 AM PST by entropy12 (DEPORT ALL ILLEGALS or it is Amnesty! Only Trump has no rich donors pushing for cheap labor express)
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To: 2ndDivisionVet

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


Another FERAL Government run agency that we are expected to drop to our knees and believe.

Forgive me if I DO NOT believe these lying sacks of male bovine excrement.


63 posted on 11/15/2015 12:53:45 AM PST by eartick (Been to the line in the sand and liked it)
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To: American Constitutionalist

Yeah that is kinda like our household.

We have fried chicken one night and then with the bones, chicken soup the next.

We raise our own chickens but cannot get past the dang toenails so they usually end up in the soup.


64 posted on 11/15/2015 1:02:23 AM PST by eartick (Been to the line in the sand and liked it)
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To: Shery

And re groceries, where the price per each hasn’t got bigger, the size per each has got smaller.


65 posted on 11/15/2015 1:03:12 AM PST by ExGeeEye (The enemy's gate is down...and to the left.)
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To: 2ndDivisionVet

True, oil prices are down. That’s a big factor in the inflation calculation.

But the price increases throughout the economy that were directly or indirectly caused by high oil prices haven’t gone away. They are still there.


66 posted on 11/15/2015 1:09:00 AM PST by Fresh Wind (Falcon 105)
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To: Smokin' Joe

In Venezuela, toilet paper.has been reduced to 0” wide.


67 posted on 11/15/2015 2:06:01 AM PST by Rodamala
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To: 2ndDivisionVet

One of the most annoying things about a propaganda mouthpiece is that it expects you to shut your brain off and play dumb along with it.

Give reality my regards when it wakes you up the hard way, Vox.


68 posted on 11/15/2015 2:41:10 AM PST by RWB Patriot ("My ability is a value that must be earned and I don't recognize anyone's need as a claim on me.")
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To: 2ndDivisionVet

The author at his rubbish totally discounts the “quantitative easing “ which has flooded our economy with dollars. The Feds don’t include certain numbers anymore in order to make it come out right. Anybody been grocery shopping lately?


69 posted on 11/15/2015 2:43:00 AM PST by Jimmy Valentine (DemocRATS - when they speak, they lie; when they are silent, they are stealing the American Dream)
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To: 2ndDivisionVet

Gas has been the only thing that has gone down. Food and services.....especially services has soared


70 posted on 11/15/2015 3:34:50 AM PST by Vaquero ( Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you.)
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To: entropy12

In still do those things on my vehical but getting to old for it , the old bones remind me of it real fast, but when your poor you have no choice.


71 posted on 11/15/2015 3:36:25 AM PST by American Constitutionalist
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To: entropy12

I did most of my own repairs for decades... Then my 3 boys helped out. Now my boys are out doing their own lives and I occasionally bring something for simple service, the prices are through the roof.


72 posted on 11/15/2015 3:39:56 AM PST by Vaquero ( Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you.)
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To: eartick

I got some old stinky sweaty socks ready for stinky socks stew.. Yummy..

Is it me ?

Or does it seem like McDonalds puts wood pulp in their hamburgers ?

Sure tastes like.


73 posted on 11/15/2015 3:40:23 AM PST by American Constitutionalist
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To: entropy12

Here is one for you.

You ever changed a oil pan from under the vehical and be in the right position and have engine oil go up your nose ?

NOT GOOD at all...

Nasty as hell.

Had brake clean go in my eyes before, had coolant go in my mouth, transmission fluid to in my mouth, face, hair changing the transmission pan.

Brake fluid tastes and smells nasty as hell.

What sucks the most is fixing the car under the car on a very cold winter day.


74 posted on 11/15/2015 3:45:30 AM PST by American Constitutionalist
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To: Fresh Wind

With oil prices down one would think that the shipping costs of goods would be lower, but no.


75 posted on 11/15/2015 3:47:20 AM PST by American Constitutionalist
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To: Jim Robinson

Shadowstats thinks inflation has come down recently, but is still in the 3.5% range. Seem reasonable to me.

http://www.shadowstats.com/alternate_data/inflation-charts


76 posted on 11/15/2015 3:48:14 AM PST by FreedomPoster (Islam delenda est)
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To: 2ndDivisionVet

I see the author hasn’t been to a grocery store recently.


77 posted on 11/15/2015 3:59:52 AM PST by Baldwin77 (Christians want their RAINBOW back. I'm offended the gays use a Biblical icon as their flag.)
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To: 2ndDivisionVet

Funny how they stopped using many of the sure cost risers as part of the equation when the economy originally tanked during the transition from Bush to Obama - it seems they have kept removing things so soon the indicator will be free Obama phones....


78 posted on 11/15/2015 4:17:56 AM PST by trebb (Where in the the hell has my country gone?)
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To: 2ndDivisionVet

Yes, they just leave out items Americans use such as food.


79 posted on 11/15/2015 4:29:40 AM PST by fortheDeclaration (Pr 14:34 Righteousness exalteth a nation:but sin is a reproach to any people)
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To: 2ndDivisionVet
People who dine out out almost every meal and live in apartments in major cities do not see inflation. They don't drive or maintain a house or car. They project that Manhattan life style on everyone else.

It is now more expensive to make your own food that eat out. Especially if you add time for preparation and cleanup.

80 posted on 11/15/2015 4:31:14 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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