Key inflation gauge rises 3.6% from a year ago to tie biggest jump since 1991

[Lesh]

Oh Look.

A"debt scold" who never said squat when the Republicans were blowing up the debt (and providing little in return besides tax cuts for wealthy donors)

 

[Votto]

Oh Look.

A"debt scold" who never said squat when the Republicans were blowing up the debt (and providing little in return besides tax cuts for wealthy donors)

Again, the Federal government is out of control

The GOP held hands with the DNC recently to pass all their spending sprees.

They all are heroin addicts that need an intervention.

They are unable to help themselves, let alone helping us

Just look at how the Federal government is treating Americans in Afghanistan after spending trillions there.

That's right, they are all left behind to die.

 

[Lesh]

Again, the Federal government is out of control

The GOP held hands with the DNC recently to pass all their spending sprees.

They all are heroin addicts that need an intervention.

They are unable to help themselves or even us for that matter.

So you scolded Trump and Ryan when THEY were blowing up the debt?

No?

Oh...

 

[Votto]

So you scolded Trump and Ryan when THEY were blowing up the debt?

No?

Oh...

The GOP is as useful as tits on a boar hog.

Again, the Federal government is out of control.

 

[Lesh]

The GOP is as useful as tits on a boar hog.

Again, the Federal government is out of control.

Again..you said nothing then

 

[AntonToo]

You are in denial.

It's time to face some facts. The US government has the largest debt in the history of the world. They have been spending money at an ever exponentially increasing rate with no end in sight. Every year it seems they find new ways of increasing that spending

The US Federal government is out of control. We are led by a group of extremists that will destroy us fiscally.

Like a heroin addict, the US federal government either needs an intervention or just let them destroy themselves.

That is, assuming it is not too late already

All of that was true going into historic low interest rates we've had for over a decade now, so clearly your reasoning has proven itself a bad predictor thus far.

And wtf does any of this have to do with your assertion that personal credit card bails supposedly coming next?

 

[WTH_Progs?]

There were FOUR years "through the early 90s" with inflation over 4%

From '75 through '81 inflation was near or above 10%

What I said stands.

3.6% is higher than we're used to but is in no way "hyperinflation"

Thanks for posting the chart that illustrates my point

Yeah but that's not what you said, so why do you want to play pretend? Plus you're wrong. Again, 5.4 inflation June & August 2021.

1990	Bush	Dem	Dem							5.40%
1991	Bush	Dem	Dem							4.24%
1992	Bush	Dem	Dem							3.03%
1993	Clinton	Dem	Dem							2.95%
1994	Clinton	Dem	Dem							2.61%
1995	Clinton	Rep	Rep							2.81%
1996	Clinton	Rep	Rep							2.93%
1997	Clinton	Rep	Rep							2.34%
1998	Clinton	Rep	Rep							1.55%
1999	Clinton	Rep	Rep							2.19%

 

[Lesh]

Yeah but that's not what you said,

WTF are you talking about?

Of course it was.

As far as taking a month or two of numbers and extrapolating them...yea well...get back to me when you have more than DAYS

And oh by the way...July was 3.6%. You just proved that inflation is coming down

 

[WTH_Progs?]

WTF are you talking about?

Of course it was.

As far as taking a month or two of numbers and extrapolating them...yea well...get back to me when you have more than DAYS

And oh by the way...July was 3.6%. You just proved that inflation is coming down

Add coward to liar. Can you dig any deeper?

 

[AntonToo]

Yeah but that's not what you said, so why do you want to play pretend? Plus you're wrong. Again, 5.4 inflation June & August 2021.

1990	Bush	Dem	Dem							5.40%
1991	Bush	Dem	Dem							4.24%
1992	Bush	Dem	Dem							3.03%
1993	Clinton	Dem	Dem							2.95%
1994	Clinton	Dem	Dem							2.61%
1995	Clinton	Rep	Rep							2.81%
1996	Clinton	Rep	Rep							2.93%
1997	Clinton	Rep	Rep							2.34%
1998	Clinton	Rep	Rep							1.55%
1999	Clinton	Rep	Rep							2.19%

You do understand that these are annualized numbers right? Just because inflation was 5% annualized for a few months doesn't mean that's what will be for the year

 

[WTH_Progs?]

You do understand that these are annualized numbers right? Just because inflation was 5% annualized for a few months doesn't mean that's what will be for the year

Sure do:

Monthly inflation rate U.S. 2024 | Statista

In February 2024, prices had increased by 3.2 percent compared to February 2023 according to the 12-month percentage change in the consumer price index — the monthly inflation rate for goods and services in the United States.

www.statista.com

 

[Lesh]

What was going on in July 2020 dope?

Gas prices were at rock bottom

Think that might have contributed to that 1% July number from last year?

Think the crazy price of lumber due to the pandemic might be contributing to the current number?

Yea

 

[LordBrownTrout]

This administration's policies have nothing to do with it. You saying it is so does not make it so.

They have everything to do with it. Again, you're wrong.

 

[SassyIrishLass]

THANK GOD lumber has mostly gone back down. I was paying 9 dollars for one 2x4 earlier this year. Now it's down to around 3 bucks.
Sadly hamburger & chicken are still near double from a year ago here

Every food item is up. Shopping Saturday after checking out I realized I'm spending much more. That 3% adds up

 

[Lesh]

Every food item is up. Shopping Saturday after checking out I realized I'm spending much more. That 3% adds up

3% isn't particularly high.

 

[bendog]

What was going on in July 2020 dope?

Gas prices were at rock bottom

Think that might have contributed to that 1% July number from last year?

Think the crazy price of lumber due to the pandemic might be contributing to the current number?

Yea

Real gas prices are still below 2016. Food prices will continue to rise because of global warming.

I won't say I'm a fan of Bidens energy and spending plans.

 

[WTH_Progs?]

Check out the misery index. Trump's was in a bitch'n state............now look at it.........

2008	Bush	Dem	Dem					7.40%
2009	Obama	Dem	Dem					12.60%
2010	Obama	Dem	Dem					10.80%
2011	Obama	Dem	Rep					11.50%
2012	Obama	Dem	Rep					9.60%
2013	Obama	Dem	Rep					8.20%
2014	Obama	Dem	Rep					6.40%
2015	Obama	Rep	Rep					5.70%
2016	Obama	Rep	Rep					6.80%
2017	Trump	Rep	Rep					6.30%
2018	Trump	Rep	Rep					5.80%
2019	Trump	Rep	Dem					5.80%
2020	Trump	Rep	Dem					6.6
2021	Xiden	Dem	Dem					10.77 & Rising

 

[AntonToo]

Sure do:

Monthly inflation rate U.S. 2024 | Statista

In February 2024, prices had increased by 3.2 percent compared to February 2023 according to the 12-month percentage change in the consumer price index — the monthly inflation rate for goods and services in the United States.

www.statista.com

Hmm I wonder what was going on last July...oh yea that's right we were barely inflating at 1% take an average 2 year Julys and it's only 3% annualized growth over 2019 July

 

[B. Kidd]

I did my monthly food shopping today.
I usually wait until a few days before the beginning of the month when the SNAP locusts descend upon the grocery stores.
That way the lines are short and the shelves well supplied.
There were two lumpenproletariat Americans in front of me with less than 10 items between them. Checkout was a breeze!
I love inflation!
Thanks, Sippy Cup!!

 

[HenryBHough]

If you haven't already stocked up on toilet paper that's your shit luck.