kyzr
Diamond Member
- Oct 14, 2009
- 37,320
- 28,724
I'm sure everyone has heard of the "Law of Supply and Demand". When demand goes up and supply is unchanged, prices rise.
This OP is suggesting that part of the inflation problem is that the Biden administration is letting in ~10,000 migrants a day.
Those 8,000,000 or so migrants need to eat, buy things, and use services that we pay for with our tax dollars.
When you go to the grocery store realize that you aren't just paying for your family's food, you are also paying for the migrant's food.
The "supply" of food is the same, but the "demand" is increasing every day that the border is open.
Inflation is falling slowly. But if the border isn't closed will inflation keep falling, or will it start rising?
Here is the current inflation rate. 3.1% compounded by the prior inflation rates. Is Biden's open border policy contributing to inflation?
www.usinflationcalculator.com
This OP is suggesting that part of the inflation problem is that the Biden administration is letting in ~10,000 migrants a day.
Those 8,000,000 or so migrants need to eat, buy things, and use services that we pay for with our tax dollars.
When you go to the grocery store realize that you aren't just paying for your family's food, you are also paying for the migrant's food.
The "supply" of food is the same, but the "demand" is increasing every day that the border is open.
Inflation is falling slowly. But if the border isn't closed will inflation keep falling, or will it start rising?
Here is the current inflation rate. 3.1% compounded by the prior inflation rates. Is Biden's open border policy contributing to inflation?
Current US Inflation Rates: 2000-2024
The annual inflation rate for the United States was 3% for the 12 months ending June, compared to the previous rate increase of 3.3%, according to U.S. Labor Department data published on July 11, 2024. The next inflation update is scheduled for release on August 14 at 8:30 a.m. ET, providing...
![www.usinflationcalculator.com](https://www.usinflationcalculator.com/wp-content/uploads/2023/03/US-Inflation-Calculator-Favicon.png)
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