healthmyths
Platinum Member
- Sep 19, 2011
- 29,757
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I know, I know... this maybe too simple for some of you but I've found most people that defend Biden's inflationary acts that "well inflation is going down!"...
WRONG!!!
Let's look at some inflation items today ... Gas price as of :
Now a few of you may not consider this but look at the individual years like this:
The price went up from 1/2017 to 1/2018 by 18.7 cents or the price was $2.60 per gallon of gas.
BUT the price went down from 1/2018 to 1/2019 by 24.4 cents so it cost less for gallon of gas.
And so forth from 1/2019 to 1/2020.. ultimately increased from $2.35 on 1/1/2020 to 27.9 cents.
BUT then Biden told Americans.."I guarantee We Are Going To Get Rid of Fossil Fuels” September 06, 2019, 5:49 PM
As a result Biden's gas prices went up From $2.391 to $3.353 an increase of 96 cents/gallon or 40% increase.
In other words regardless of declining inflation rate, the prices increase to today's $3.099 an increase of 69 cents or 28%.
So even if prices went down, the majority of years saw an increase in cost of gasoline.
So when the MSM brags about inflation going down, consider the current day price of gallon of gas is still going up!
WRONG!!!
Let's look at some inflation items today ... Gas price as of :
Gasoline Inflation in the United States (1968-2024)
The average price of gasoline fell 12.2% in the 12 months ending October as compared to the annual decrease of 15.3% in September, according to the most recent inflation data published November 13, 2024, by the U.S. Labor Department's Bureau of Labor Statistics (BLS). Gasoline is an important...
www.usinflationcalculator.com
The price went up from 1/2017 to 1/2018 by 18.7 cents or the price was $2.60 per gallon of gas.
BUT the price went down from 1/2018 to 1/2019 by 24.4 cents so it cost less for gallon of gas.
And so forth from 1/2019 to 1/2020.. ultimately increased from $2.35 on 1/1/2020 to 27.9 cents.
BUT then Biden told Americans.."I guarantee We Are Going To Get Rid of Fossil Fuels” September 06, 2019, 5:49 PM
As a result Biden's gas prices went up From $2.391 to $3.353 an increase of 96 cents/gallon or 40% increase.
In other words regardless of declining inflation rate, the prices increase to today's $3.099 an increase of 69 cents or 28%.
So even if prices went down, the majority of years saw an increase in cost of gasoline.
So when the MSM brags about inflation going down, consider the current day price of gallon of gas is still going up!