CPI comes in at 2.7% beating 3.1% estimate. Trump is right, again. 2026 setup for success.

[Edgetho]

What happened to tariffs raising the cost of everything? Democrats eat their words again and show us they cant manage the economy

Saying 'eat their words' implies a mistake.

dimocraps are lying SCUM, not people who make honest mistakes. Every one of them is a lying piece of shit. ESPECIALLY the scumbags in here. Which is why I have 95% of them on 'ignore' They got nothing to say that isn't a lie. And I get tired of reading lies day in and day out. I get enough lies from the DISGUSTING FILTH, thank you

 

[my2¢]

No change from a year ago. In regard to inflation, Trump is full of crap about what a mess he inherited.

 

[kyzr]

No change from a year ago. In regard to inflation, Trump is full of crap about what a mess he inherited.

View attachment 1195554

Your 2024 CPI is wrong. It was 2.9 not 2.7, but nice try.
The "mess" Trump inherited was the "affordability mess" where prices skyrocketed and wages did not.
Now people want Trump to fix it immediately and it will take time.
Trump knows how to fix it, democrats do not.

Historical Inflation Rates: 1914-2026

The table displays historical inflation rates with annual figures from 1914 to the present. These inflation rates are calculated using the Consumer Price Index, which is published monthly by the Bureau of Labor Statistics (BLS) of the U.S. Department of Labor. The latest BLS data, covering...

www.usinflationcalculator.com

 

[Hafar1014]

No change from a year ago. In regard to inflation, Trump is full of crap about what a mess he inherited.

View attachment 1195555

View attachment 1195554

The rate of Bidenflation is coming down which means tariffs are good thing and Trump is succeeding in fixing Bidens mess

 

[M14 Shooter]

No change from a year ago.

Looks like everyone who predicted skyrocketing inflation due to the tariffs... and everyone in the media who repeated it... were FOS.
Right?

 

[BackAgain]

While prices for some goods are still rising, inflation is destined to be less and less of a cause, at this rate.

Tariffs act like a tax which obviously increases prices per unit. So, in and of themselves, tariffs likely won’t suffice to lower costs. But tariffs might yet increase the employment rate and our national productivity.

Thus, they may very well yet prove to be a solid cause for the lowering of prices since greater employment yields more nationwide disposable income.

 

[Hafar1014]

While prices for some goods are still rising, inflation is destined to be less and less of a cause, at this rate.

Tariffs act like a tax which obviously increases prices per unit. So, in and of themselves, tariffs likely won’t suffice to lower costs. But tariffs might yet increase the employment rate and our national productivity.

Thus, they may very well yet prove to be a solid cause for the lowering of prices since greater employment yields more nationwide disposable income.

'Tariffs can cause lower prices when people refuse to buy. Demand drops and then prices come down

 

[my2¢]

Looks like everyone who predicted skyrocketing inflation due to the tariffs... and everyone in the media who repeated it... were FOS.
Right?

For sure.

However, bankruptcies are up while manufacturing and construction employment are down.

 

[Lisa558]

Bosses know nothing. Deserving means putting in time.

Deserving means being valuable to your employer. The more valuable you are, the more you get paid.

 

[Fort Fun Indiana]

We should keep the champagne on ice, for now.

 

[Admiral Rockwell Tory]

Talk to your boss and see if you are deserving of one.....Let us know how it goes for you.

He retired in the 90s because he is in his 90s. His only boss is whoever his caretaker is!

 

[Admiral Rockwell Tory]

For sure.

However, bankruptcies are up while manufacturing and construction employment are down.

They are building three major factories in my county alone! Not buying it. The only drop in manufacturing I have seen in is the EV industry.

 

[Admiral Rockwell Tory]

No change from a year ago. In regard to inflation, Trump is full of crap about what a mess he inherited.

View attachment 1195555

View attachment 1195554

Seasonally adjusted is pure bullshit!

 

[Fort Fun Indiana]

They are building three major factories in my county alone! Not buying it.

And that's why we go to college.

 

[drudge X]

The rate of Bidenflation is coming down which means tariffs are good thing and Trump is succeeding in fixing Bidens mess

Every doom and gloom prediction made by leftists about tariffs deflated. Existing home sales are up. Sales during Thanksgiving were up. Gas prices are coming down, if not stabilized in certain market.

Existing home sales hit 9-month high with inventory at 1.43M units

Existing home sales rose for the third consecutive month, reaching a nine-month high as mortgage rates fell and inventory hit 1.43 million.

www.housingwire.com

 

[M14 Shooter]

For sure.

However, bankruptcies are up while manufacturing and construction employment are down.

How is that related to anything under discussion?

 

[initforme]

Deserving means being valuable to your employer. The more valuable you are, the more you get paid.

Only in a very small percentage of employers. But i understand employers owe their employees only the bare mini.um and employees are free to quit with very little notice. 2 weeks NO longer applies. 3 days is plenty. It is an adversarial work world. It is what the system is all about.

 

[munkle]

CPI report shows inflation rose at a 2.7% annual pace in November, cooler than expected

Economists had expected CPI to rise at an annual rate of 3% last month.

www.cbsnews.com

The Consumer Price Index rose at an annual rate of 2.7% in November, cooler than economists had forecast and providing a sign that price pressures may be easing

Looks like the Fed can keep cutting rates without causing inflation.

This is very good news for Trump and Republicans.

Now if only congress could agree on an ACA fix to keep the government open after the CR runs out in January.

Republicans need to pass all the appropriations Bills to fund everything before the CR runs out at the end of January, fix the ACA or put up a new plan, then it should be clear sailing to the mid-terms...

CPI excludes food and gas, not a true measure of the cost of living . There are better indexes.

 

[Fort Fun Indiana]

We are at a deceptive inflection point in the economy. The CPI numbers are hollow, with limited data and bad methods. GDP numbers are inflated due a drastic drop in imports. Imports are subtracted from GDP.

Retailers paused as many imports as they could, while selling the inventory they had. They did so in hopes that Trump would soon walk back the tariffs that affect them, THEN they could start importing again.

Well, the inventory is running dry, and our fool president has made it clear he must be forced to drop the tariffs. So retailers have started importing again. And they are warning the country about the price hikes that are coming, basically, right now. They played a little game of chicken with each other while waiting Trump out, and now they have all blinked. Prices are going to increase quickly. GDP will "fall" quickly, as imports rise again. But, in reality, the lack of an observed contraction in the GDP already was a ruse, due to the strategic pause on imports by so many corporations.

Well over 1 million jobs have been lost, in 2025. Unemployment will be >5%, soon. That, itself, contracts GDP.

 

[kyzr]

CPI excludes food and gas, not a true measure of the cost of living . There are better indexes.

Yep.