Inflation cools to 2.7%

...because people lose jobs, government spends more and receives less revenues exacerbating already disastrous budget deficits, people go broke, poverty increases, crime increases.

I mean do I seriously have to explain to an adult all the ways recessions hurt people and society at large???

Unbelievable.
In a lot of ways you're right because economics appears to have changed as a result of our deep debt. We have to constantly increase GDP to pay the &((%)(% interest, what a major **** up.

Recessions were (are?) a normal economic activity and rights the ship when prices are too high, contributing to stabilization. That and you know, you're supposed to be a liberal, the guardians of our environment, what do you figure results in the most pollution, ongoing expansion or some decline?

Surely you've complained about prices. Without recession then what exactly do you expect to happen for prices to come down? though I realize you guys think Tariffs are a shambles and stuff, cuz you're so level headed and that☺
 
Nope. I gave you the MHI graph, how did you still get it wrong?

Median household income 2025 is $83,730+, which is $13,657.28 in 1975.
Yeap valid.

I didn't use FRED

I just snatched a source

What Is the Average US Salary (2025)​

The national average salary is $63,795. That is the sum of all incomes divided by the number of workers. Where someone lives, their industry, education level, and current demand for that job all contribute to how much a worker earns per year.
 
I don't really give a damn about the Epstein files. The economy and immigration enforcement are more important.
 
I don't really give a damn about the Epstein files. The economy and immigration enforcement are more important.
Does it bother you the US government released data with only data from 3 of the 15 categories they normally use to determine inflation?
 
What a bummer huh? It was 3.0% in January, now it's 2.7%. What happened to the great inflation attacking our democracy and stuff under the weight of the orange-man's tariffs our country is earning hundreds of billions on?

Cool, purchasing power is being robbed from the consumer at a slower rate than under Bidet.
 

I lost trust in gov't a long time ago. I could tell that a recession was coming before 2007, which IMHO was gov't induced. I do not believe in the statistics that the gov't puts out that infer everything is okay as the deficits now hit approx $2 tril a year. It ain't just one party, it's all of the bastards. And I think another one is coming that will be even worse, maybe rivalling the 1930s depression. You just can't tax and spend your way out of trouble and you can't create enough new money either, although I believe that is what the pols will try first.

Re inflation, so far it has been rising pretty slowly but it is rising and I think it will accelerate next year. It took awhile to get really bad the last time (2020-2021) but it's coming because we're too GD stupid to head it off now by lowering gov't spending and being fiscally responsible. Bigly. We should have learned that lesson; we didn't. If people think I'm wrong, cool. Actually, I hope so for the sake of future generations.
 
What a bummer huh? It was 3.0% in January, now it's 2.7%. What happened to the great inflation attacking our democracy and stuff under the weight of the orange-man's tariffs our country is earning hundreds of billions on?

Another claim of dubious credibility. Just like the GDP number released by the regime coming in at 4.3%. Economists expected 3.2%. The BLS and Commerce Department numbers are meaningless now that trump hacks are in charge.
 
  • The core consumer price index showed a seasonally adjusted 0.2% gain on a monthly basis and 2.6% annually. Both were 0.1 percentage point below expectations.
  • On a headline basis, the CPI posted an increase of 0.3% for the month, putting the all-items annual rate at 2.7%. Both were exactly in line with the Dow Jones consensus estimate.
  • Food prices jumped 0.7% for the month, though egg prices tumbled 8.2% and fell nearly 21% from a year ago after soaring previously.
  • Traders kept bets intact that the Fed would stand pat at its meeting later this month and likely won’t be considering another cut until June.
tariffs don't affect food much but Mexican and coffee maybe? Canadian bacon? just use regular bacon and SHUP on me!!!!

They always say Excluding Food and Energy. The two things needed most.

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