Inflation is 3 percent

[Into the Night]

Yes, and while some are so stupid they believe everything they read on the Right Wing Conspiracy websites and News max and Fox news intentional liars stations, there are many who know it is all bullshit but are out there quoting the stuff thinking they are owning the libs, and thinking the lies will help them somehow get Donald Trump elected again!

This knucklehead is probably one of the retards that actually believes the Bullshit!

FOX News is owned by DEMOCRATS, ya dumb lizard.
The Democrats party IS a conspiracy.
The US Treasury is not bullshit.

 

[Into the Night]

Well, you are my friend, and I try to help all my friends out! Even if it is just trying to reason with you!

We are all friends here, as we are a community! We may not all agree on many things, but we are friends.

I respect you for having your own opinions, but I just don't agree with them Sir!

I am not your friend. You are not my friend. Patronizing does you no good.

 

[Matt Dillon]

Dow futures rip higher as inflation report comes in lighter than expected:

The consumer price index rose 3% on a year-over-year in June. Economists polled by Dow Jones expected a 3% increase. Core CPI, which strips out volatile food and energy prices, also rose less than expected


https://www.google.com/amp/s/www.cnbc.com/amp/2023/07/11/stock-market-today-live-updates.html

You're a fucking propagandist that's a liar.

Now do what percentage of Americans' income goes to what, dishonest shitbag.

 

[Concart]

What statement is not true?

 

[Earl]

American Families’ Finances Are Approaching The Breaking Point Under The Cumulative Weight Of Months Of Painful Inflation In Biden’s Economy

“[A] growing number of Americans say their own financial circumstances are worsening on Biden’s watch. Roughly 4 in 10 Americans (41 percent) say they are not as well-off financially since Biden became president, up from 35 percent one year ago and the highest percentage to report such a sentiment under any president in Post-ABC polls since measurement began in 1986.” (“Americans Not Feeling Impact Of Biden Agenda, Post-ABC Poll Finds,” The Washington Post, 2/06/2023)

Only 16% of Americans say they are financially better off than they were two years ago when Biden was sworn in. (Washington Post-ABC News Poll, 2/03/2023)

A large majority of Americans (58%) disapprove of President Biden’s handling of the economy. (Washington Post-ABC News Poll, 2/03/2023)

Since President Biden Took Office, Prices For Food, Energy, Transportation, And Housing Have Increased At Staggering Rates

Since President Biden took office, inflation has increased 13.5%. (Bureau of Labor Statistics, Accessed 1/12/2023)

Grocery (food at home) prices have increased 18.6%. (Bureau of Labor Statistics, Accessed 1/12/2023)

Food away from home prices have increased 14.4%. (Bureau of Labor Statistics, Accessed 1/12/2023)

Energy prices have increased 33.9%. (Bureau of Labor Statistics, Accessed 1/12/2023)

Prices for fuel oil have increased 89.3%. (Bureau of Labor Statistics, Accessed 1/12/2023)

Gasoline (all types) prices have increased 37.8%. (Bureau of Labor Statistics, Accessed 1/12/2023)

Natural gas prices have increased 47.3%. (Bureau of Labor Statistics, Accessed 1/12/2023)

Electricity prices have increased 21.0%. (Bureau of Labor Statistics, Accessed 1/12/2023)

Rental prices for a primary residence have increased 11.9%. (Bureau of Labor Statistics, Accessed 1/12/2023)

Prices for used cars and trucks have increased 26.2%. (Bureau of Labor Statistics, Accessed 1/12/2023)

Prices for new vehicles have increased 18.1%. (Bureau of Labor Statistics, Accessed 1/12/2023)

Furniture prices have increased 19.6%. (Bureau of Labor Statistics, Accessed 1/12/2023)

Apparel prices have increased 5.8%. (Bureau of Labor Statistics, Accessed 1/12/2023)

Airline fares have increased 33.7%. (Bureau of Labor Statistics, Accessed 1/12/2023)

Americans Continue Losing More Of Their Paychecks To Inflation, With Year-On-Year Real Average Weekly Earnings Decreasing 3.1%

“Real average hourly earnings decreased 1.7 percent, seasonally adjusted, from December 2021 to December 2022. The change in real average hourly earnings combined with a decrease of 1.4 percent in the average workweek resulted in a 3.1-percent decrease in real average weekly earnings over this period.” (Bureau of Labor Statistics, Press Release, Accessed 1/12/2023)

https://www.republicanleader.senate...n-the-last-two-years-of-failed-biden-policies

 

[Earl]

The annual inflation rate since 7/22 is 3%.

The price increases quoted above for 1/23 will be higher for 7/23.

Those price increases in 1/23 remain with us.

 

[Earl]

American Families’ Finances Are Approaching The Breaking Point Under The Cumulative Weight Of Months Of Painful Inflation

In Biden’s Economy “[A] growing number of Americans say their own financial circumstances are worsening on Biden’s watch. Roughly 4 in 10 Americans (41 percent) say they are not as well-off financially since Biden became president, up from 35 percent one year ago and the highest percentage to report such a sentiment under any president in Post-ABC polls since measurement began in 1986.” (“Americans Not Feeling Impact Of Biden Agenda, Post-ABC Poll Finds,” The Washington Post, 2/06/2023) Only 16% of Americans say they are financially better off than they were two years ago when Biden was sworn in. (Washington Post-ABC News Poll, 2/03/2023)

A large majority of Americans (58%) disapprove of President Biden’s handling of the economy. (Washington Post-ABC News Poll, 2/03/2023) Since President Biden Took Office, Prices For Food, Energy, Transportation, And Housing Have Increased At Staggering Rates Since President Biden took office, inflation has increased 13.5%. (Bureau of Labor Statistics, Accessed 1/12/2023) Grocery (food at home) prices have increased 18.6%. (Bureau of Labor Statistics, Accessed 1/12/2023) Food away from home prices have increased 14.4%. (Bureau of Labor Statistics, Accessed 1/12/2023) Energy prices have increased 33.9%. (Bureau of Labor Statistics, Accessed 1/12/2023) Prices for fuel oil have increased 89.3%. (Bureau of Labor Statistics, Accessed 1/12/2023)

Gasoline (all types) prices have increased 37.8%. (Bureau of Labor Statistics, Accessed 1/12/2023) Natural gas prices have increased 47.3%. (Bureau of Labor Statistics, Accessed 1/12/2023) Electricity prices have increased 21.0%. (Bureau of Labor Statistics, Accessed 1/12/2023) Rental prices for a primary residence have increased 11.9%. (Bureau of Labor Statistics, Accessed 1/12/2023) Prices for used cars and trucks have increased 26.2%. (Bureau of Labor Statistics, Accessed 1/12/2023) Prices for new vehicles have increased 18.1%. (Bureau of Labor Statistics, Accessed 1/12/2023) Furniture prices have increased 19.6%. (Bureau of Labor Statistics, Accessed 1/12/2023) Apparel prices have increased 5.8%. (Bureau of Labor Statistics, Accessed 1/12/2023) Airline fares have increased 33.7%. (Bureau of Labor Statistics, Accessed 1/12/2023) Americans Continue Losing More Of Their Paychecks To Inflation, With Year-On-Year Real Average Weekly Earnings Decreasing 3.1% “Real average hourly earnings decreased 1.7 percent, seasonally adjusted, from December 2021 to December 2022.

The change in real average hourly earnings combined with a decrease of 1.4 percent in the average workweek resulted in a 3.1-percent decrease in real average weekly earnings over this period.” (Bureau of Labor Statistics, Press Release, Accessed 1/12/2023)

https://www.republicanleader.senate...n-the-last-two-years-of-failed-biden-policies

 

[Earl]

The annual inflation rate since 6/22 is 3%.

The price increases quoted above for 1/23 will be higher for 7/23.

Those price increases in 1/23 remain with us plus part of the 3%.

 

[PostmodernProphet]

Wonderfulnews. Is that 3% on top of the 15-30% we have already experienced since Brandon took office?

yes, its a year by year statistic......so 5 + 5 + 3....which for the lib'ruls not mathematically inclined, equals shitload.......

 

[PostmodernProphet]

Everything bad that happens is Biden's fault. The People of Italy have had enough of Biden. All the GOP has now is their culture war, and they are getting slaughtered.

slaughtered?......do you smell blood?......all I smell is bullshit......

 

[PostmodernProphet]

And he doesn't even understand the figure. He thinks it's a monthly rate. Lionfish is a fucking moron, as are his socks. All on ignore.

Menards only offers 11% off......Biden has accumulated 13%......you nailed it but it still costs you more than it used to......

 

[PostmodernProphet]

SO, I have been having to pay double actually!

not to mention the increases from the past because of Biden.......wiiling to share the percentage of increase for the last twelve months versus the same period from 2019?......

 

[PostmodernProphet]

What did Biden pass that helped the economy?

obviously no legislation....

 

[PostmodernProphet]

Landmark initiatives affecting the economy Biden got passed include

Economic stimulus bill
Infrastructure Bill
Inflation Reduction Act
Technology and microchip bill

those were the things that CAUSED the inflation......the fed's actions, which are not controlled by Biden or the House are what is reducing inflation....

 

[floridafan]

yes, its a year by year statistic......so 5 + 5 + 3....which for the lib'ruls not mathematically inclined, equals shitload.......

You should be thrilled that inflation is coming under control and heading lower, but you aren't. You fucking hate those numbers.

 

[PostmodernProphet]

None of them have Biden.

they all use fossil fuels.......Biden attacked fossil fuels the same month as he was inaugurated........prices increased immediately......

 

[PostmodernProphet]

Come on! Lion!

First of all, let's not try to conflate things. And let's try not to have a political fight.

The electric companies have been moving away from Coal and transitioning to natural gas for over 40 some odd years now. .

it's not conflation.......fuel and energy prices did not rise within weeks of Biden taking office because what energy companies have been doing for 40 years.......he went into office saying he was going to bankrupt the fossil fuel industry and he started doing that the month he took office.....

 

[floridafan]

American Families’ Finances Are Approaching The Breaking Point Under The Cumulative Weight Of Months Of Painful Inflation In Biden’s Economy

“[A] growing number of Americans say their own financial circumstances are worsening on Biden’s watch. Roughly 4 in 10 Americans (41 percent) say they are not as well-off financially since Biden became president, up from 35 percent one year ago and the highest percentage to report such a sentiment under any president in Post-ABC polls since measurement began in 1986.” (“Americans Not Feeling Impact Of Biden Agenda, Post-ABC Poll Finds,” The Washington Post, 2/06/2023)

Only 16% of Americans say they are financially better off than they were two years ago when Biden was sworn in. (Washington Post-ABC News Poll, 2/03/2023)

A large majority of Americans (58%) disapprove of President Biden’s handling of the economy. (Washington Post-ABC News Poll, 2/03/2023)

Since President Biden Took Office, Prices For Food, Energy, Transportation, And Housing Have Increased At Staggering Rates

Since President Biden took office, inflation has increased 13.5%. (Bureau of Labor Statistics, Accessed 1/12/2023)

Grocery (food at home) prices have increased 18.6%. (Bureau of Labor Statistics, Accessed 1/12/2023)

Food away from home prices have increased 14.4%. (Bureau of Labor Statistics, Accessed 1/12/2023)

Energy prices have increased 33.9%. (Bureau of Labor Statistics, Accessed 1/12/2023)

Prices for fuel oil have increased 89.3%. (Bureau of Labor Statistics, Accessed 1/12/2023)

Gasoline (all types) prices have increased 37.8%. (Bureau of Labor Statistics, Accessed 1/12/2023)

Natural gas prices have increased 47.3%. (Bureau of Labor Statistics, Accessed 1/12/2023)

Electricity prices have increased 21.0%. (Bureau of Labor Statistics, Accessed 1/12/2023)

Rental prices for a primary residence have increased 11.9%. (Bureau of Labor Statistics, Accessed 1/12/2023)

Prices for used cars and trucks have increased 26.2%. (Bureau of Labor Statistics, Accessed 1/12/2023)

Prices for new vehicles have increased 18.1%. (Bureau of Labor Statistics, Accessed 1/12/2023)

Furniture prices have increased 19.6%. (Bureau of Labor Statistics, Accessed 1/12/2023)

Apparel prices have increased 5.8%. (Bureau of Labor Statistics, Accessed 1/12/2023)

Airline fares have increased 33.7%. (Bureau of Labor Statistics, Accessed 1/12/2023)

Americans Continue Losing More Of Their Paychecks To Inflation, With Year-On-Year Real Average Weekly Earnings Decreasing 3.1%

“Real average hourly earnings decreased 1.7 percent, seasonally adjusted, from December 2021 to December 2022. The change in real average hourly earnings combined with a decrease of 1.4 percent in the average workweek resulted in a 3.1-percent decrease in real average weekly earnings over this period.” (Bureau of Labor Statistics, Press Release, Accessed 1/12/2023)

https://www.republicanleader.senate...n-the-last-two-years-of-failed-biden-policies

Passing long 6 month old news as current? Figures!

 

[PostmodernProphet]

You should be thrilled that inflation is coming under control and heading lower, but you aren't. You fucking hate those numbers.

I am glad inflation is not as bad as Biden's first two years........however, we all know that, as was true after Carter, the impact is here to stay........we will not have 2017-2020 again......

 

[PostmodernProphet]

It took some time but as always, the Democrat has come in and cleaned the Republicans mess.


Remember when Trumppers were screaming about how we were going to face a huge recession/depression if Biden were elected....


Looks like despite what he was handed, Bidenomics have cured it.

Biden caused it, the fed cured it......