Are the people being hurt the most really going to benefit from this?
A sharp drop in air fares, which fell 4% just in February from the previous month, helped bring down overall inflation. Rental price increases also slowed and the costs of hotel rooms and car insurance rose much more slowly in February than the previous month.
So if uneducated blue collar workers are flying around, they'll see inflation went down. If not, they'll see rental prices went up. Granted A LITTLE. But Trump said he would bring prices down. Not increase them a little.
Also car insurance and hotel prices went up. Much more slowly than in previous months, but still, prices are STILL going up. Not down.
Oh and by the way. It doesn't matter if thing are getting better. Things got better under Biden. You guys said that might be true but people don't FEEL like things are getting better. So it doesn't matter if things are getting better. Do people FEEL like things are getting better?
Inflation is down, but three in four Americans are still concerned about coming price increases.
usafacts.org
Inflation is down, but three in four Americans are still concerned about coming price increases.
Published January 28, 2025
After rising to a
40-year high of 9.1% in June 2022, the inflation rate trended down for much of 2023 and 2024, falling to a low of 2.4% in September 2024
Remember you said it didn't FEEL like inflation was down in Sept 2024? Even though it was?