Inflation rate maybe down... but down from what?

[American Eagle]

Inflation vs. wages: How rising prices stack up against growing pay

NBC is not a valid source. Try primary sources.

 

[g5000]

OK Biden's average for 4 years has been 4.11%
Trump's average for 4 years was 1.93%
4.93%- 1.93% = 2.18%
divide 1.93%/2.18% equals..113% INCREASE!! Here let me make it simpler.

4.93% is greater than 1.93% by 2.18%... agree?
Then what is the increase of 4.93% over 1.93%???
GEEZ I've been taught divide the increase 2.18% by the starting point 1.93% and WAL LA!

The increase is 113%!

Wow. That's about as stupid as it gets.

 

[g5000]

NBC is not a valid source.

It certainly is, you poor dumb gaslighted idiot.

 

[American Eagle]

It certainly is, you poor dumb gaslighted idiot.

LOL. Post figures from BLS or peer review.

 

[American Eagle]

This is a valid source:

 

[American Eagle]

This is a valid source:

 

[American Eagle]

This is a valid source:

 

[healthmyths]

Nothing will ever stop inflation. I can see a Snickers candy bar going for $22.50, sooner, rather than later.

It's the candy bar metric, which is a good measure of inflation, and always has been.

Sorry but you are wrong!

 

[g5000]

Inflation was caused by a sudden drop in demand due to the pandemic, followed by a tremendous surge in demand afterward.

It was also caused by the Fed holding interest rates too low for too long.

Consumer expenditures (demand) rose to an all time high after the pandemic.

As a result in the spike of spending and consumerism, the number of shipping containers and the number of container ships at our California ports surged tremendously to record highs. This overwhelmed the system.

 

[American Eagle]

NBC is not a primary source. Furiously "googling" because you don't understand economics is not valid.

Pick up a science book.


Chart: The Consumer Price Index had its steepest increase under Biden

 

[g5000]

Sorry but you are wrong!

View attachment 1027177

Classic cherry picking.

 

[g5000]

Wage growth vs inflation U.S. 2024| Statista

The rate of inflation overtook the growth of wages in April 2021. High rates of inflation means that consumers are seeing a decrease in purchasing power

www.statista.com

 

[RoshawnMarkwees]

It’s just like when democrats promote deficit reduction. Their retarded party members and voters don’t realize that that means things are getting worse at a slower rate but they’re still getting worse. That’s not improvement.
Democrats should not be allowed to vote.

 

[healthmyths]

Inflation was caused by a sudden drop in demand due to the pandemic, followed by a tremendous surge in demand afterward.

It was also caused by the Fed holding interest rates too low for too long.

Consumer expenditures (demand) rose to an all time high after the pandemic.

As a result in the spike of spending and consumerism, the number of shipping containers and the number of container ships at our California ports surged tremendously to record highs. This overwhelmed the system.

NOT one FACT! Just your guesses! Prove it like a smart person does rather than guesses!

 

[g5000]

Average wages have surpassed inflation for 12 straight months

Average hourly wage growth has exceeded inflation for 12 straight months, according to new Bureau of Labor Statistics data released this morning. This real (or inflation-adjusted) wage growth is a key indicator of how well the average worker’s wage can improve their standard of living. As...

www.epi.org

 

[g5000]

It’s just like when democrats promote deficit reduction. Their retarded party members and voters don’t realize that that means things are getting worse at a slower rate but they’re still getting worse. That’s not improvement.
Democrats should not be allowed to vote.

At least the deficit decreased under Obama while it doubled under Trump BEFORE Covid and with a Republican House and Senate his first two years.

Trump added $8 trillion to the debt in half the time it took Obama.

So it looks like the retarded party members are the ones who bleev Republicans are fiscally responsible.

 

[d0gbreath]

Sorry but you are wrong!

View attachment 1027177

You're going back ten years. The candy bar metric goes back to the '50s when your $3.45 candy bar was a nickel.

 

[healthmyths]

You're going back ten years. The candy bar metric goes back to the '50s when your $3.45 candy bar was a nickel.

Again... you are entering text without thinking of what you are writing! What "candy bar metric"? Who has any reference to the 50s. Of course the reference went back to 10 years! Far better than your ZERO reference!

 

[d0gbreath]

Again... you are entering text without thinking of what you are writing! What "candy bar metric"? Who has any reference to the 50s. Of course the reference went back to 10 years! Far better than your ZERO reference!

Aw shucks; you win again.

 

[John Edgar Slow Horses]

NOT one FACT! Just your guesses! Prove it like a smart person does rather than guesses!

Then stop guession, healthmyths.