Inflation Down Again: Under 3% Now

[HikerGuy83]

The rate of INCREASE keeps dropping...inflation is still going up. The cost of most things are up almost 20% and those costs are STILL going up!

I was in the store the other say and noticed at least two items that made another 5% jump.

 

[HikerGuy83]

Prices always go up over time mr. obvious.

Yes, but now it won't matter.

They could not afford them before. So what does it matter if they get more expensive.

 

[otto105]

Simple question, Otto. Is inflation going down...or is it still going up?

Simple answer is prices always rise over time. Our current inflation rate is 2.9%

Question for you is, is a decline in inflation over several QTRs considered healthy for an economy.

 

[otto105]

I was in the store the other say and noticed at least two items that made another 5% jump.

Sure, you did.

 

[Harpy Eagle]

I was in the store the other say and noticed at least two items that made another 5% jump.

which two?

 

[HikerGuy83]

which two?

All beef franks that were 3.94 are now 4.14.

Bag Salads which were 3.74 are now 3.98.

 

[Man With A Plan]

Simple answer is prices always rise over time. Our current inflation rate is 2.9%

Question for you is, is a decline in inflation over several QTRs considered healthy for an economy.

A better question would be, is inflation of almost 20% healthy for any normal family's budget? The Biden/Harris administration's economic policies have cost the average family an estimated eleven thousand dollars plus per year to buy the same things they were buying before Biden/Harris took office.

 

[HikerGuy83]

You can CLAIM anything you want but you have ADMITTED that you are a dishonest partisan hack so…

Oooops......

So you just admitted to being a hack.

 

[otto105]

A better question would be, is inflation of almost 20% healthy for any normal family's budget? The Biden/Harris administration's economic policies have cost the average family an estimated eleven thousand dollars plus per year to buy the same things they were buying before Biden/Harris took office.

Considering that our historical average annual inflation rate is 4%

You seem to be just a whiner.

 

[Harpy Eagle]

All beef franks that were 3.94 are now 4.14.

Bag Salads which were 3.74 are now 3.98.

Damn, an extra 34 cents.

Do you we need to start a Go Fund Me page for you?

 

[HikerGuy83]

Damn, an extra 34 cents.

Do you we need to start a Go Fund Me page for you?

Hmmmm.........You asked, I answered.

Was it always your intent to be a first class prick ?

 

[Harpy Eagle]

Hmmmm.........You asked, I answered.

Was it always your intent to be a first class prick ?

Some things just come naturally!

 

[Man With A Plan]

Considering that our historical average annual inflation rate is 4%

You seem to be just a whiner.

Do you know how large the percentage of Americans was, who were living pay check to pay check BEFORE Joe Biden and Kamala Harris hit them with 20% inflation? What do you think has happened to those people, Otto?

 

[otto105]

Do you know how large the percentage of Americans was, who were living pay check to pay check BEFORE Joe Biden and Kamala Harris hit them with 20% inflation? What do you think has happened to those people, Otto?

It was reported to be around 68% under Fat Elvis.

Now is that more or less under Biden.

 

[Man With A Plan]

It was reported to be around 68% under Fat Elvis.

Now is that more or less under Biden.

Costs of everyday goods and services are growing faster than incomes...you do the math! People are suffering...yet liberals like you and Harpy think it's amusing.

 

[Harpy Eagle]

Costs of everyday goods and services are growing faster than incomes...you do the math! People are suffering...yet liberals like you and Harpy think it's amusing.

Not to pick at nits, but it is you I think is amusing...just saying

 

[Harpy Eagle]

Do you know how large the percentage of Americans was, who were living pay check to pay check BEFORE Joe Biden and Kamala Harris hit them with 20% inflation? What do you think has happened to those people, Otto?

Many of them learned to be better managers of their money. In 2019 78% of the nation reported living paycheck to paycheck, including a good number of people making 100k or more.

They live this way because they choose to, they waste money on 6 dollar coffee and Door Dash meals

 

[Man With A Plan]

Not to pick at nits, but it is you I think is amusing...just saying

So what's your message to those Americans that are maxing out credit cards to buy groceries they can afford rather than groceries that they want, Harpy? Not to nitpick about it? Just suck it up, buttercup? Is that the progressive motto now? I'm pretty sure that's what was being told to the Cuban people when they started to experience food shortages and power black outs under Castro. Yeah, let's be just like them! Elect Kamala. Give the progressives another four years to wreck havoc!

 

[Man With A Plan]

Many of them learned to be better managers of their money. In 2019 78% of the nation reported living paycheck to paycheck, including a good number of people making 100k or more.

They live this way because they choose to, they waste money on 6 dollar coffee and Door Dash meals

You actually think people that were living pay check to pay check before and now have been forced to absorb another $11,000 in expenses are wasting their money on 6 dollar coffee and Door Dash meals? And people actually believe that liberals care about working people! (eye roll)

 

[Harpy Eagle]

So what's your message to those Americans that are maxing out credit cards to buy groceries they can afford rather than groceries that they want, Harpy? Not to nitpick about it? Just suck it up, buttercup? Is that the progressive motto now? I'm pretty sure that's what was being told to the Cuban people when they started to experience food shortages and power black outs under Castro. Yeah, let's be just like them! Elect Kamala. Give the progressives another four years to wreck havoc!

Get off the lazy asses and better their situation.

That is what I was told when I was picking between food on the table or insulin for my son.

So, we did. If we did, they can.