Posted on 04/04/2024 8:52:26 AM PDT by yesthatjallen
quote “Yet the average person thinks it went up.”
it did go up!!!!
prices continued to go UP!!!!!!!!!!!!!
inflation going from 6 to 3 means things are only continuing to go UP 3%! People are upset because prices have not returned to where they were! for that to happen inflation would have to go negative.
Let me put it another way.
Imagine that I stole $60,000 from you last year
ok, what if... I only stole $30,000 from you this year?
You should be happy! I am stealing less from you !!!
If you think like an “expert” then when someone jumps off a forty story window a wind updraft is “slowing them down” and that is an “improvement”.
Lol.
I had to check and yes, that is the actual headline. Wow.
I was thinking similarly, like a car was going 90 mph, and hit it’s brakes, slowing it down to ONLY 60 mph, when it hit you.
Stupid “journalist,” inflation is cumulative.
5.56mm
Yet the average person thinks it went up.
But according to the writer, we’re just too stupid to realize how good things are right now.
I wish someone would explain this to the author, that believes it’s perception about inflation and not reality. Here is what rich people who hate middle class and poor people don’t understand.
After Taxes and necessary items, the Average Working family had about 5-7% of their income as discretionary spending in 2019. When the price of ‘Necessary items’ Like food, electricity, Rent, DOUBLE in 3 years, that leaves you with cutting ‘Necessary items’ and NO DISCRETIONARY SPENDING. Then people reach in and use Credit Cards and go into debt, which results in only more debt and finally a cascade of economic failure.
What the average US Family needed wasn’t more inflation at all, it needed prices TO GO DOWN. Biden’s policies keep deflating the dollar, driving up basic prices. That ‘better controlled inflation’ is still absolutely Financially Devastating to the average American Household now.
‘The straw that broke the camels back’ the load has become unbearable for the working class of this nation. Every little bit is felt as a hammer, and they entered work slavery.
Whatever you idealogic, self absorb, richard head.
If gas as 2.27 per gallon 4 years ago and I paid a tad over $5 per gallon yesterday, has inflation been on a tear or am I just faking it...?
Many people are morons who don’t understand how inflation numbers work, but even the dumbest ones are smart enough to see through the propaganda they are fed on a daily basis.
If the price of an item many people purchase regularly goes from $100 to $133 over the course of three years, that’s a compounded annual inflation rate of 10%. If that price then goes up to $140 in the next year, nobody is going to celebrate that the inflation rate is now “only” 5%. Only political hacks and the WSJ think in those terms. The person who sees the $140 item on the store shelf isn’t comparing it to last year’s $133 price. He’s comparing it to the $100 price from four years ago.
Nobody from a corporate/globalist media outlet like the WSJ is ever going to convince normal people that they have any reason to celebrate in this scenario.
If you're buying food, gas, insurance, or a home, not so much.
If you’ve been gaining a pound a week since Biden took over—
but all of a sudden you’re only gaining half a pound a week—
is your weight dropping, or is it still going up?
TLDR
Just say it like the Soviets did:
The price of Chocolate in April has decreased from $3 to $5 for an 8 oz bar.
6 % Plus 3.2%====9.2 % in 2 years.
How hard is that???
What it means simply is that people don’t believe government statistics.
A number of the worse cities do not even report their crime statistics. And until recently they just said that crime was decreasing and never pointed out that was because they were leaving entire areas out.
the article shoots itself in the foot... so many cherry picked stats and admission that inflation is up BUT...
Last week I noticed that regular sized candy bars like Twix and Snickers are selling for about $1.65-$1.75. Maybe my memory is wrong, but that seems almost double what they cost about five or six years ago.
Exactly. Inflation in core consumables is up, no matter how they manipulate the CPI. This is essentially the government telling people not to believe their own lyin eyes.
People are expecting to see disinflation - the drastic COVID-era price increases coming back out. Not only will that never happen but under Bidenomics prices are continuing to rise, albeit slower than they were a year ago.
Biden is trying to take credit for this slower rise as some sort of victory over inflation - which is to be expected of a politician. But even his loyalists are not buying it.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.