Inflation drops below 3%

[JimH52]

https://www.usnews.com/news/economy/articles/2024-08-14/inflation-falls-to-2-9-in-july-lowest-pace-since-2021

This is great! The Fed will drop it's key interest rates a quarter point in September, setting up what we all hope to be a soft landing for the economy. There is still work to be done, but the economy is strong. Of course, MAGA will call this either false data or AI generated. But it is good news for all of us. We should be all cheering for the drop in inflation....but of course all of us will not.

 

[Harpy Eagle]

Damn, that is going to piss of the MAGA cult to no end.

 

[jbrownson0831]

https://www.usnews.com/news/economy/articles/2024-08-14/inflation-falls-to-2-9-in-july-lowest-pace-since-2021

This is great! The Fed will drop interest rates a quarter point in September, setting up what we all hope to be a soft landing for the economy. There is still work to be done, but the economy is strong. Of course, MAGA will call this either false data or AI generated. But it is good news for all of us. We should be all cheering for the drop in inflation....but of course all of us will not.

And prices keep going up! Wonder why that is jimboliar.
We aren't the sheeple you are.....

 

[Harpy Eagle]

And prices keep going up! Wonder why that is jimboliar.
We aren't the sheeple you are.....

You are not a real bright person, are you.

 

[CrusaderFrank]

Damn, that is going to piss of the MAGA cult to no end.

Tell us again how your car insurance hasn’t increased

 

[jbrownson0831]

Tell us again how your car insurance hasn’t increased

And property insurance on inflated property values? Which can't be sold because of inflated loan interest rates...

 

[boevans]

CPI is down too.

 

[JimH52]

Damn, that is going to piss of the MAGA cult to no end.

LOVE IT!

 

[JimH52]

And prices keep going up! Wonder why that is jimboliar.
We aren't the sheeple you are.....

jbrownson0831 needs some serious meds....

 

[Harpy Eagle]

Tell us again how your car insurance hasn’t increased

It went up when we replaced a 2014 Kia Forte with a 2023 Honda Civic.

Other than that not so much.

If you served you might check out USAA, they are well known for not fucking over their members.

 

[jbrownson0831]

jbrownson0831 needs some serious meds....

Ha okay jimboliar let's take our own poll and see who thinks you may be the one already on some serious drugs.....
I vote yes.

 

[CrusaderFrank]

It went up when we replaced a 2014 Kia Forte with a 2023 Honda Civic.

Other than that not so much.

If you served you might check out USAA, they are well known for not fucking over their members.

Riiiight. Well, congratulations!

You’re the one and only person who has not experienced an insurance increase

 

[jotathought]

Damn, that is going to piss of the MAGA cult to no end.

Why would it piss off anyone? Lower inflation rates are always well received, yet the damage has already been compounded as rates reached their highest levels in over 40 years.

 

[Rawley]

https://www.usnews.com/news/economy/articles/2024-08-14/inflation-falls-to-2-9-in-july-lowest-pace-since-2021

This is great! The Fed will drop it's key interest rates a quarter point in September, setting up what we all hope to be a soft landing for the economy. There is still work to be done, but the economy is strong. Of course, MAGA will call this either false data or AI generated. But it is good news for all of us. We should be all cheering for the drop in inflation....but of course all of us will not.

Pssst. Doesn't erase the 20% inflation that Harris brought us over the last 3 1/2 years.

 

[jbrownson0831]

Why would it piss off anyone? Lower inflation rates are always well received, yet the damage has already been compounded as rates reached their highest levels in over 40 years.

Yep, takes a long time to recover especially when the current drops are just election smoke and mirrors.

 

[jotathought]

https://www.usnews.com/news/economy/articles/2024-08-14/inflation-falls-to-2-9-in-july-lowest-pace-since-2021

This is great! The Fed will drop it's key interest rates a quarter point in September, setting up what we all hope to be a soft landing for the economy. There is still work to be done, but the economy is strong. Of course, MAGA will call this either false data or AI generated. But it is good news for all of us. We should be all cheering for the drop in inflation....but of course all of us will not.

Inflation rates have dropped, which is always a good thing. The problem is, the compounded damage that record high interest rates have produced doesn't go away. No false data, no ai generated .. just reality.

 

[Harpy Eagle]

Why would it piss off anyone? Lower inflation rates are always well received, yet the damage has already been compounded as rates reached their highest levels in over 40 years.

Read the thread dude, your fellow cult members are losing their fucking minds over this.

Yes, the damage has been done, and now things are getting better which is not a good thing for your cult.

 

[rightwinger]

Damn, that is going to piss of the MAGA cult to no end.

No it won’t

They will just keep lying about the economic numbers

 

[Crepitus]

https://www.usnews.com/news/economy/articles/2024-08-14/inflation-falls-to-2-9-in-july-lowest-pace-since-2021

This is great! The Fed will drop it's key interest rates a quarter point in September, setting up what we all hope to be a soft landing for the economy. There is still work to be done, but the economy is strong. Of course, MAGA will call this either false data or AI generated. But it is good news for all of us. We should be all cheering for the drop in inflation....but of course all of us will not.

The Biden Administration has done an absolutely stellar job.

 

[Crepitus]

Tell us again how your car insurance hasn’t increased

Mine has gone up due to the sheer amount of money they have to pay out due to storm damage.

Homeowners too.

That's that climate change you weirdos don't believe in.