Inflation down AGAIN

[Lesh]

One thing you can count on with democrats is once they double something with bad policy if it comes back down at all they claim victory. Gas is a perfect example. They take $2 a gallon gas and cause it to go up to $4 then if it drops to $3.50 they cheer and say how great they’re doing.

It was never $2/gallon. Covid got it down to $2.12… but that was Covid. You want that?

It’s Pennie’s more than it was 5 years ago

Pretty damn good

 

[struth]

How exactly does the government cause inflation? Be specific.
Or is it only the govt.'s fault when there is a Dem in office?

What do you consider to be price gouging?

That will probably depend upon a number of factors and have to be determined on a case by case basis.
For instance "is it essential for survival" like energy, water, food.

1) inflation is caused by the dollar losing value because the govt flushes the market with cash. Like when harris and xiden and a dem congress passed the inflation Covid bill when they took office when it wasn’t needed
2) price gouging would b, for example, if a water bottling company would charge massive amounts of money for bottle water for Asheville NC right now.
3) what are those factors she’s going to cap profits on?

 

[WEATHER53]

Like I said the day before it was released, the CPI went up 0.1%. Lying lib loons can get paid extra for the longer their fake thread title remains

 

[GMCGeneral]

You are crazier than a loon if that's what you believe.


You ignorance on economic matters is astounding. Grocery stores are not going to produce less food than they're currently selling.

Nobody says that these companies won't be allowed to make a reasonable profit, but grocery store net profit margins increased 40%, over and above increased transportation and production costs, That's using other prices increases to increase your own profits.

So many consumer companies did this that inflation was affected - grocery stores, oil companies, retailers, corporate landlords, and utilties. People providing basic goods or services to consumers.

I see the Soviet propaganda is alive and well with you, ******* far Left Canuck. go back to sucking Justin's little cock now.

 

[Lesh]

Like I said the day before it was released, the CPI went up 0.1%. Lying lib loons can get paid extra for the longer their fake thread title remains

CPI (a select group of items) went up slightly while overall inflation dropped yet again

 

[struth]

You are crazier than a loon if that's what you believe.


You ignorance on economic matters is astounding. Grocery stores are not going to produce less food than they're currently selling.

Nobody says that these companies won't be allowed to make a reasonable profit, but grocery store net profit margins increased 40%, over and above increased transportation and production costs, That's using other prices increases to increase your own profits.

So many consumer companies did this that inflation was affected - grocery stores, oil companies, retailers, corporate landlords, and utilties. People providing basic goods or services to consumers.

What is a reasonable profit? Who decides?

What grocery stores netted 40 percent more?

 

[WEATHER53]

CPI (a select group of items) went up slightly while overall inflation dropped yet again

But….but….but….
CPI up and The Major indicator of inflation historically
More but…but…from you cuck?

 

[Lesh]

CPI (a select group of items) went up slightly while overall inflation dropped yet again

Nothing changes what I said

 

[Captain Caveman]

And as usual the reprehensible right wants to see Americans suffer for some perceived partisan gain.

Biden and Harris achieved that all by themselves

 

[WEATHER53]

Nothing changes what I said

That is correct
Nothing does change your error(s) )

 

[Lesh]

That is correct
Nothing does change your error(s) )

What error would that be?

 

[GMCGeneral]

What is a reasonable profit? Who decides?

What grocery stores netted 40 percent more?

Grocery chains are generally franchise owned and typically their profit margin is razor thin. But these idiots think (or don't think) that everyone in business should just barely break even every quarter.

 

[Marener]

Cumulative inflation is still 20% since Biden/Harris took office.



Trump 2024

Median nominal wages are up 17% as of Q2.

And, wages have been rising faster than inflation for over a year.

What will the rate of inflation be if Trump takes office?

 

[Marener]

Grocery chains are generally franchise owned and typically their profit margin is razor thin. But these idiots think (or don't think) that everyone in business should just barely break even every quarter.

Big profits aren’t in grocery stores but food manufacturing. These guys saw their profit margins increase a lot. Some even doubled.

 

[Captain Caveman]

Bullshit. Wages are up. That compensates for those previously inflated prices.

What matters NOW is that current inflation is low.

Newsflash

Inflation is always with us. Low inflation (like we have) is the goal

You are struggling with inflation, cost of living, and wages.

High inflation caused goods and services to sore to extreme highs, so the cost of living is high. As inflation falls, it's not pushing the high prices up as much, but the prices are still high. Wages between April 2021 and April 2023 declined in that 25 month period.

So basically, you are now celebrating inflation has come down and wage growth is now passing that low inflation percentage, BUT, the cost of living is still extremely high.

Infographic: Wage Growth and Inflation Are Converging Like It's 2022

This chart shows the year-over-year change in consumer prices, real and nominal hourly earnings in the United States.

www.statista.com

So what you champion is correct, wages are probably now outstripping inflation, but because the cost of living is so high anyhow, folk are trying to explain to you what a retard you are.

 

[Lesh]

Grocery chains are generally franchise owned and typically their profit margin is razor thin. But these idiots think (or don't think) that everyone in business should just barely break even every quarter.

They make 2% or more on a massive about of dollars. They do well.

 

[AzogtheDefiler]

Median nominal wages are up 17% as of Q2.

And, wages have been rising faster than inflation for over a year.

What will the rate of inflation be if Trump takes office?

2% hopefully

17% for who? Not for middle class and or lower middle class. People are struggling.

‘A tale of 2 economies': Wages are going up. Why do we feel like we can't afford anything?

A majority of Americans, around 64%, saw an increase in wages between October 2022 and October 2023. But if most workers saw bigger paychecks, why do so many people still feel like everything is too expensive?

www.nbcwashington.com

 

[Marener]

2% hopefully

17% for who? Not for middle class and or lower middle class. People are struggling.

‘A tale of 2 economies': Wages are going up. Why do we feel like we can't afford anything?

A majority of Americans, around 64%, saw an increase in wages between October 2022 and October 2023. But if most workers saw bigger paychecks, why do so many people still feel like everything is too expensive?

www.nbcwashington.com

Second quartile.

Employed full time: Median usual weekly nominal earnings (second quartile): Wage and salary workers: 16 years and over

Graph and download economic data for Employed full time: Median usual weekly nominal earnings (second quartile): Wage and salary workers: 16 years and over (LES1252881500Q) from Q1 1979 to Q1 2026 about second quartile, full-time, salaries, workers, 16 years +, earnings, wages, median...

fred.stlouisfed.org

That would be middle and lower class workers.

So even with Trump, that 20% cumulative inflation isn’t going anywhere. Therefore, bringing it up is not very relevant.

 

[struth]

Median nominal wages are up 17% as of Q2.

And, wages have been rising faster than inflation for over a year.

What will the rate of inflation be if Trump takes office?

Since xiden and harris took office they have driven inflation up over 20 percent. So even at 17 percent, people are way worse off. Which is explains why a majority of Americans say they are worse off since harris took office

 

[struth]

Second quartile.

Employed full time: Median usual weekly nominal earnings (second quartile): Wage and salary workers: 16 years and over

Graph and download economic data for Employed full time: Median usual weekly nominal earnings (second quartile): Wage and salary workers: 16 years and over (LES1252881500Q) from Q1 1979 to Q1 2026 about second quartile, full-time, salaries, workers, 16 years +, earnings, wages, median...

fred.stlouisfed.org

That would be middle and lower class workers.

So even with Trump, that 20% cumulative inflation isn’t going anywhere. Therefore, bringing it up is not very relevant.

It is relevant because it was harris and xiden that got us there. It will only get worse since harris said she won’t change a thing.

What we need is deflation