US inflation falls for 2nd straight month on lower gas costs

The Associated Press ^ | September 13, 2022 | By CHRISTOPHER RUGABER

[maxwellsmart_agent]

Watch what happens to gas prices just after the midterm election.

[FoxInSocks]

Headline: “US inflation slows for 2nd month but remains stubbornly high”

Text: “Consumer prices surged 8.3% in August compared with a year earlier, the government said Tuesday.”

[bantam]

Up is down, down is up!!!
Orwellian!!!!!!!!!

[rktman]

HUH? Weird that it’s NOT falling at our locale and is actually going back up. Save us jojo. 😵‍💫🤬

[Vaduz]

Sharply lower gas prices for
In LA gas prices are up $5.19+ in many areas

Cheaper used cars
Up 10%

The Associated Press = BS Reports

[teevolt]

Yeah man, not feeling like an evil bastard for trying to anticipate monetary policy. No problem with you cursing me though, get it, recessions are no fun. At the end of the day, shutting down the economy to the point of not being able to get a haircut, while at the same time throwing trillions of fiat around has consequences. That bill is now due. IMHO, long term embedded inflation would have a much worse consequence on the youth than a quick sharp recession.

[Starboard]

False headline. Inflation didn’t fall at all.

The rate of increase declined slightly, but prices are still going up at a high rate.

If inflation was truly falling the Fed wouldn’t be so focused on raising rates.

The PPI comes out tomorrow.

[Pearfect]

A
P

ALL PROPAGANDA !!!

[Dan in Wichita]

On Friday I paid $3.39 for a dozen eggs. Two years ago, the same dozen eggs cost less than one dollar.

The inflation is real and is not transitory and will continue to rage until corrective action is taken.

[Starboard]

All the focus in on the demand side.

Supply side incentives would help a lot (incentivize increases in supply to bring down prices), but there’s no interest in doing that.

[boycott]

Republican leadership is a complete failure. They cannot put together a coherent message or coherent though.

Democrats are depleting the SPR before the midterms and prices will skyrocket once the elections are over. If you think it’s bad now, it’s going to get worse.

And they’re compromising our national security doing so.

[Starboard]

Excellent point.

The media propaganda machine will say that rising gas prices are a positive sign of economic vitality.

[Gumdrop]

This article is sandwiched beween several others which say that inflation is continuing and is at a high rate.

[God luvs America]

American Pravda

[teevolt]

Agreed, supply-side should be the focus.

[wiseprince]

Wow, the headline doesn’t match the ex erpt whatsoever

[Wissa]

Where real inflation is: groceries. Our grocery bill, just the two of us, has more than doubled in the past year.

Personally, I'm on track to spend at least 20% less for groceries this year than I did last year. (I've been keeping track of it down to the penny for the past few years.)

I'm aware that I'm out of place here, not joining in on the "Woe is me!" chorus, but I just haven't had any problems adapting to the inflation.

[FlipWilson]

HAPPY DAYS ARE HERE AGAIN!!!

Celebrate folks!!

Just not too much, you’ll go bankrupt on buying the booze.

[rbg81]

Gas prices will skyrocket after the mid-terms.

---

Yup. The freebees will largely stop until we get closer to the next election.

Sadly, most Americans only based their decisions on the last 2-3 months.

[Repealthe17thAmendment]

The key line, hidden far away from the headline.

On a monthly basis, prices rose 0.1%, after a flat reading in July.

Just goes to show you how they will manipulate the numbers in order to make it look like the economy is improving just before the mid-terms.