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.
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.
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.
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.
People just aren't as freaking stupid as the left believes.
Go the to store and buy groceries. Everyone who does so regularly knows the talking heads are full of shit.
Don't believe my lyin eyes, eh?
Ip: Let them eat cake!
These Wall Street Urinal reporters really don’t seem to understand that grocery prices went up at least 40 percent from 3 years ago. I paid about $140 dollars for groceries and a few other things from Wal-Mart (!) yesterday. 3 years ago, that total purchase might have been 100 dollars.
These elitists can pound sand.
Imagine two scenarios: in one, the price of gasoline rises gradually from two dollars to six dollars over four years; in the other, it quickly jumps up to six dollars, and stays there.
The inflation rate dropped to zero in the second scenario. Does that make it “better”?
Biden has no worries about being re-elected.
The Democrats have gamed the system.
Yeah, no one is buying that baloney. I wonder if they'll add them back into the CPI when Trump re-takes office...
We are being overtly and subtly bombarded with leftist disinformation on the economy from the government with all its meddled and tweaked CPI and BLS ‘statistics’ AND from media with leftist leaning comments and articles supporting the government’s lies.
Just a couple of days ago I listened to Consumer Guru Clark Howard on WSB radio tell us 1) that 75% of the people in the US believe the economy is getting better, and 2) that they believe they are better off now.
And I still go to the grocery store and gas station every couple of days and am blasted in the face with proof otherwise.
Americans can take bad news if it is the truth. What they can’t take are outright lies.