Core Inflation Falls to Lowest Rate in Four Years - Wage Growth Outpaces Inflation

[Winston]

Lol, we lived in Biden's messed up economy. Trump is correcting it fast.

So stupid. Biden did a hell of a job. Wage growth out-paced inflation. Domestic energy production hit new highs. Yet you believe that is a messed up economy. Hit me up in two years, then talk to me about a messed up economy.

 

[excalibur]

And this means what? Of course but the fact is, if the spending bill had passed, my SSI Check would have gone down and my benefits also would go down.

I see no cuts for SSI.

 

[jknowgood]

So stupid. Biden did a hell of a job. Wage growth out-paced inflation. Domestic energy production hit new highs. Yet you believe that is a messed up economy. Hit me up in two years, then talk to me about a messed up economy.

People could hardly live under Biden's economy. Oh and a lot of lies were told about Biden's economy. Like him creating over 800,000 jobs.

 

[Vrenn]

It went up but is coming back down. Better than when biden was in office.

Yah, just as soon as we get a President that the rest of the world respects. We don't have that right now. Meanwhile, Canada has found a new market and they are finally opening up for both crude and LNG. Mexico may do the same thing. Like the grain and beef market from the last time the Orange Cheeto went off on his first 4, we will need some really great Foreign Relations which tRump is not capable of even between his tantrums.

Here is a map of the deep water ports for Canada.

I have shipped two cars back and forth between Canada and Alaska out of Port Albert. But the western port will probably be Prince Rupert. Canada is going to have to do a facility buildup but, as of a couple of weeks ago, they started building a LNG Port Storage. I imagine that they may do the same for their crude which they are not shipping out of Western Canada right now.

Okay, you MAGAts, fire up the fake news like you always do.

 

[Vrenn]

I see no cuts for SSI.

Not in the basic SSI but in the monetary benefits. Have you read that failed bill yet? With it being 3 inches thick to hide the MAGAt laws, neither have I.

 

[airplanemechanic]

MAGA WINNING MAGA

So much winning.

We get tired of winning

 

[Winston]

People could hardly live under Biden's economy. Oh and a lot of lies were told about Biden's economy. Like him creating over 800,000 jobs.

That is just lame as hell, and thank you for proving my point. I mean the old saying was, "Are you better off now than you were four years ago". Note, you didn't hear that during the campaign. But ask yourself, were you? Most people were better off. I saw my own personal income jump by fifty percent. My children, OMG. Like my oldest son. During the Trump administration he was an engineer and his wife was an emergency room nurse. Now, she is a stay at home Mom and he makes more money than both of them made while Trump was in office. A lot more.

 

[Leo123]

And I shopped at a Grocery Store and paid more AND had a more narrow selection. I can see, if you were an American, you would be voting for the Orange Cheeto.\

I shopped and paid less...meh

 

[jknowgood]

Yah, just as soon as we get a President that the rest of the world respects. We don't have that right now. Meanwhile, Canada has found a new market and they are finally opening up for both crude and LNG. Mexico may do the same thing. Like the grain and beef market from the last time the Orange Cheeto went off on his first 4, we will need some really great Foreign Relations which tRump is not capable of even between his tantrums.

Here is a map of the deep water ports for Canada.

I have shipped two cars back and forth between Canada and Alaska out of Port Albert. But the western port will probably be Prince Rupert. Canada is going to have to do a facility buildup but, as of a couple of weeks ago, they started building a LNG Port Storage. I imagine that they may do the same for their crude which they are not shipping out of Western Canada right now.

Okay, you MAGAts, fire up the fake news like you always do.

Looks like your business has nothing to do with Trump.

 

[DonGlock26]

 

[Vrenn]

These people just keep lying and trying to cover up that the Tariffs are hurting things. As much as I hate Wally World, I believe them way over these crackpots. Think of this, 150 out of 180 countries have told the Orange Cheeto to go pound sand and started to gain new clients. In tRumps first , Brazil and Argentina should have sent him thank you cards when China switched from the US when tRump did his little failed magic. Today, MOST of the Countries on Earth are moving their trade from the US.

 

[LeftofLeft]

I think that is a testament to two things. First, the ability of the MAGA Republicans to control the message. Biden's first year, wage growth was not keeping up with inflation and MAGA was screaming about it from the rooftops. But into the second year of Biden's term he had turned that around, wage growth was outpacing inflation so you never heard another word about wages from the MAGA movement.

We saw the same thing with domestic oil production. The Biden administration was breaking records by the second year in production of domestic oil and natural gas was off the damn chain. But MAGA controlled their messaging and continued to talk about Biden's destruction of domestic energy production knowing full well it was a total fabrication.

Which comes to the second thing. Low intelligent, unknowledgeable, flippin idiots, many of the Trump supporters on this board could be the poster child for this.

Bullshit. Democrats love to brag about record gas production yet prices remained high. Regardless of setting records, production was not keeping with demand. Plus, you need to factor in egregious government regulation under Biden aimed at the oil companies.

 

[Vrenn]

Bullshit. Democrats love to brag about record gas production yet prices remained high. Regardless of setting records, production was not keeping with demand. Plus, you need to factor in egregious government regulation under Biden aimed at the oil companies.

Even with the reduction of restrictions on oil and drilling, the price of gas has gone up 15 cents 2 days ago. And with Canada finishing their deep water ports to handle crude and LPN gas that used to be shipped to the USA, China and Japan are going to lap that up. The majority of the crude and LPN gas went to the western states because it costs way too much (until now) to build the facilities in the western coast of Canada.

 

[struth]

Attention magaturds: I'm going to use a MAGA style retort:

In your alt-right MAGA rag article (Breitbart? ) it states 'consumers got relief from inflation'. Meanwhile, In rural America shit around here has only gone up in price since April with no path to decrease. Some businesses are not shy about putting tariff taxes on invoices.

So yeah I'm going with fake news.

Nice try, libz.

I was told other countries pay the tariffs, anyway, amirite?

This is fake news

 

[Meathead]

And I shopped at a Grocery Store and paid more AND had a more narrow selection. I can see, if you were an American, you would be voting for the Orange Cheeto.\

So we should increase food stamps I guess. Gotta keep you people fat.

 

[struth]

I think that is a testament to two things. First, the ability of the MAGA Republicans to control the message. Biden's first year, wage growth was not keeping up with inflation and MAGA was screaming about it from the rooftops. But into the second year of Biden's term he had turned that around, wage growth was outpacing inflation so you never heard another word about wages from the MAGA movement.

We saw the same thing with domestic oil production. The Biden administration was breaking records by the second year in production of domestic oil and natural gas was off the damn chain. But MAGA controlled their messaging and continued to talk about Biden's destruction of domestic energy production knowing full well it was a total fabrication.

Which comes to the second thing. Low intelligent, unknowledgeable, flippin idiots, many of the Trump supporters on this board could be the poster child for this.

Real wages declined under xiden, he left a majority of the country worse off

 

[RoshawnMarkwees]

Real wages declined under xiden, he left a majority of the country worse off

He left the entire country worse off. It’s just that many democrats are wealthy enough not to have felt it and the rest of the democrats were clueless, propagandized and/or stupid enough not to realize it.

 

[M14 Shooter]

That's the key to real standard of living growth. Real wages outpaces inflation. If Trump can keep that up for four years plus decrease the debt/balance your deficit, he will have attained a great achievement.

And with every inch of progress, Democrats will hate him more.

 

[Vrenn]

So we should increase food stamps I guess. Gotta keep you people fat.

I don't make enough to live that comfortable and I earn too much for any kind of assistance. MOST Americans are in that category. Maybe you are just making too much and wouldn't mind if you got a pay cut and the average American got a pay increase. Now I suggest you don't use any services that are provided by the Government. You know, like driving on a street, turning your lights on, firing up that Natural Gas or almost everything. I suggest you get your lily livered ass back under a rock where you belong.

 

[Vrenn]

Real wages declined under xiden, he left a majority of the country worse off

I was deep in debt when Biden took over. And I had no avenue to correct it. Under Biden, I started paying off the debt. And guess what, since I now owe less than 1000 bucks, the interest I paid, alone, are now making the last two payments. So far, under tRump, my income hasn't been affected. But if that Big Wonderful Bill get's voted in by the Senate, that will change very quickly. You have zero idea of what reality is.