Inflation drops in May, in a win for Biden

[Conservative from Georgia]

I slammed Biden when it inflation was out of control, so I will be consistent and give him some credit for the fact that he just decreased inflation.

Despise this good performance, I still think voting Republicans is the way to go.

I prefer a Desantis due to his flawed criminal record.

Inflation continues to come back to earth in May as the Fed decides its next move

The Consumer Price Index, a key inflation measure, climbed 4.0% over the year in May, the lowest rate in two years.

www.businessinsider.com

 

[Mac1958]

In a related story (really), I saw an article a few days ago that reported global supply chains are essentially running at 100% for the first time since they collapsed and triggered the inflation.

Good news. Fingers crossed.

 

[CrusaderFrank]

Meanwhile prices CONTINUE to increase unabated

 

[Lesh]

Meanwhile prices CONTINUE to increase unabated

Do you understand what the inflation index is moron?

 

[CrusaderFrank]

Do you understand what the inflation index is moron?

Yes, it’s fictional accounting metric that supposes consumers automatically switch to lower priced alternatives, real or imagined. In any case, it DOES NOT MEAN THE PRICES DECREASED ONLY THAT THE RATE OF INCREASE HAS SLOWED

 

[theHawk]

I slammed Biden when it inflation was out of control, so I will be consistent and give him some credit for the fact that he just decreased inflation.

Despise this good performance, I still think voting Republicans is the way to go.

I prefer a Desantis due to his flawed criminal record.

Inflation continues to come back to earth in May as the Fed decides its next move

The Consumer Price Index, a key inflation measure, climbed 4.0% over the year in May, the lowest rate in two years.

www.businessinsider.com

“The Consumer Price Index, a key inflation measure, climbed 4.0% in May”


Inflation increases ANOTHER 4% and you call this a “drop”?

You Biden apologists really are something.

 

[mak2]

Fox News says it is still at 5% so Biden is still a failure.

 

[Oddball]

Yes, it’s fictional accounting metric that supposes consumers automatically switch to lower priced alternatives, real or imagined. In any case, it DOES NOT MEAN THE PRICES DECREASED ONLY THAT THE RATE OF INCREASE HAS SLOWED

Remember what these dullards refer to as "draconian budget cuts".

 

[CrusaderFrank]

Remember what these dullards refer to as "draconian budget cuts".

Much like Global Warming, Transitory inflation is a thing of the past

 

[CrusaderFrank]

Remember what these dullards refer to as "draconian budget cuts".

The think the dollars spend on the Greed New Deal are higher priority that paying the debt or Social Security

 

[BluesLegend]

Meanwhile Biden gas is back over $5 a gallon here and weed killer for my lawn is up a whopping 69% vs when Biden stole the election.

 

[JGalt]

9.1% the inflation rate went up to under Biden. Remember that? The highest it went while Trump was President was 2.4%

 

[berg80]

In a related story (really), I saw an article a few days ago that reported global supply chains are essentially running at 100% for the first time since they collapsed and triggered the inflation.

Good news. Fingers crossed.

I heard the same thing. Combine that (supply chain issues) with the price of oil spiking due to Putin's invasion and you have the vast majority of the inflation catalyst.
Housing is still problematic because builders have not built enough new housing for many years.

The Fed is expected to pause their rate hikes tomorrow but may raise again in July. The market is roaring in recognition of the end of the tightening cycle and a strong economy despite past hikes. All good for Dem's prospects next year.

Meanwhile, the head of the GOP is being arraigned today.

 

[Lesh]

Yes, it’s fictional accounting metric that supposes consumers automatically switch to lower priced alternatives, real or imagined. In any case, it DOES NOT MEAN THE PRICES DECREASED ONLY THAT THE RATE OF INCREASE HAS SLOWED

Even when inflation is at 2%...THEY ARE STILL INCREASING

Fucking Idiot

 

[shockedcanadian]

I slammed Biden when it inflation was out of control, so I will be consistent and give him some credit for the fact that he just decreased inflation.

Despise this good performance, I still think voting Republicans is the way to go.

I prefer a Desantis due to his flawed criminal record.

Inflation continues to come back to earth in May as the Fed decides its next move

The Consumer Price Index, a key inflation measure, climbed 4.0% over the year in May, the lowest rate in two years.

www.businessinsider.com

Greatest administration in U.S history!

 

[Mac1958]

Even when inflation is at 2%...THEY ARE STILL INCREASING

Fucking Idiot

There are no better examples of the Dunning-Kruger Effect than a Trumpster talking about economics and markets.

 

[Auld Phart]

I slammed Biden when it inflation was out of control, so I will be consistent and give him some credit for the fact that he just decreased inflation.

Despise this good performance, I still think voting Republicans is the way to go.

I prefer a Desantis due to his flawed criminal record.

Inflation continues to come back to earth in May as the Fed decides its next move

The Consumer Price Index, a key inflation measure, climbed 4.0% over the year in May, the lowest rate in two years.

www.businessinsider.com

"BLS noted it's also the lowest year-over-year rate since March 2021."

so, basically since Trump left office?

 

[Independent thinker]

I slammed Biden when it inflation was out of control, so I will be consistent and give him some credit for the fact that he just decreased inflation.

Despise this good performance, I still think voting Republicans is the way to go.

I prefer a Desantis due to his flawed criminal record.

Inflation continues to come back to earth in May as the Fed decides its next move

The Consumer Price Index, a key inflation measure, climbed 4.0% over the year in May, the lowest rate in two years.

www.businessinsider.com

Yeah, we should get down on our knees and thank Biden for having double the inflation since Trump.

 

[Aldo Raine]

Fox News says it is still at 5% so Biden is still a failure.

The network that settled for about $786,000,000 for lying? That very same network?

 

[jbrownson0831]

I slammed Biden when it inflation was out of control, so I will be consistent and give him some credit for the fact that he just decreased inflation.

Despise this good performance, I still think voting Republicans is the way to go.

I prefer a Desantis due to his flawed criminal record.

Inflation continues to come back to earth in May as the Fed decides its next move

The Consumer Price Index, a key inflation measure, climbed 4.0% over the year in May, the lowest rate in two years.

www.businessinsider.com

Let's see.....inflation at 1%, Poopeypants jacks it up to 10%.....
then the minions cheer when inflation is "decreased" to 5%.
Moron.