My prediction: Tomorrow’s CPI will show ZERO or NEGATIVE inflation, and prove the ‘experts’ and Democrats wrong

Poles and power lines criss cross against a cloudy sky

(Joe Raedle/Getty Images)
As electric and gas bills rise across the country, a poll released today finds that an overwhelming majority of people in the U.S. are concerned about growing energy costs — and experiencing greater financial stress because of them.
In a nationwide survey of about 2,000 adults, conducted by the consumer education nonprofit PowerLines and the polling company Ipsos in late March, 73% of respondents reported feeling concerned about rising utility bills. Nearly two-thirds of surveyed billpayers said they have seen their gas and electric bills rise over the last year, and 63% reported feeling more stressed as a result of energy costs. The results held consistent across the political spectrum, with Republicans, Democrats, and Independents alike expressing similar levels of concern.
The findings arrive as the Trump administration’s continued attacks on clean energy — and its support for coal and other fossil fuels — threaten to raise utility bills even higher, according to energy experts.
“Bottom line is, American energy consumers are hurting and they’re stressed out,” Charles Hua, executive director of PowerLines, said of the survey’s findings.
Yet according to the poll, most Americans aren’t familiar with the state entities in charge of regulating energy utilities and setting those prices: public utility commissions. That’s a problem, said Hua, because a lack of public participation prevents consumer interests from being fully considered when state regulators receive and approve rate-hike requests from utilities.
In the survey, 60% of respondents said they aren’t familiar with the state or local authority that oversees gas and electric bills. Around 90% of people couldn’t name their public utility commission as the correct regulatory body.
Meanwhile, these relatively unknown regulators have approved ballooning utility cost increases in recent years. In 2022, state utility regulators collectively approved $4.4 billion in bill increases; in 2023, they approved $9.7 billion. In the first quarter of 2025 alone, gas and electric utilities requested or received rate hikes totalling about $20 billion. Residential electricity costs have grown by nearly 30% since 2021, while gas prices have risen by 40% since 2019, far outpacing inflation, according to a separate report released today by PowerLines

 
The chained CPI has never been used as the official number.

I believe that it was back in 2018 or 2019 that the GOP padopted chained CPI into its then tax plan.


And you have it backwards: Not accounting for substitution overstates inflation

Chained CPI is a method of measurement which purposefully understates inflations effect on the standard of living.

I other words, if Americans buy hamburger because they can no longer afford to buy steak anymore, since inflation has caused its price to rise above afordability, by using chained cpi it is assumed that Americans would have bought hamburger instead of steak even before inflation made it too expensive. So, again, they roll with the full substitution gig so they can justify reporting rainbows and unicorns instead of reality.

It's basically legalized lying to Americans about the effect of inflation on their standards of living.
 
I sort of agree. Many economists believe that the tariffs will increase inflation. But from history we see that the hoover tariffs made the depression worse. I think the inflationary cycle is over. We are now heading for a recession or slow growth.
No FDR's new deal made the depression worse.

 
My prediction: as even more Americans agree that the blowhard has befouled the economy and fueled inflation while gutting scientific and medical research as well as life-sustaining humanitarian programs, bloating the national debt, and alienating allies by his infantile behavior, we'll all be subjected to maga-doses of the dreaded, lie-spewing "anus mouth."
We still are using the last Biden budget. Biden's lasts through September 30. Then Trumps budget starts.
 
No FDR's new deal made the depression worse.

FDR definitely prolonged the depression plus he baited Japan into bombing Pearl Harbor.
 
Get ready, patriots … tomorrow morning at 8:30 a.m. Eastern, the July CPI report is going to make every last “inflation is beginning to show” crybaby eat their words. We’re not just talking low inflation … I’m calling it right now: ZERO or even NEGATIVE inflation. Prices dropping. Groceries more affordable.

Under Trump, we don’t just slow inflation we reverse it. That’s what happens when you have a real businessman in charge instead of an old buffoon who made prices go up.
When the numbers drop, it’s going to be the ultimate mic drop moment for MAGA. The fake news media will have no choice but to admit the economy is stronger than ever. Every grocery trip, every gas station receipt, every rent check…

Americans will feel the Trump difference. Tomorrow is the day the narrative shifts, folks. Inflation is done. Period.
Well just like when the recent, shitty job report came out if Trump doesn't like the numbers he'll just fire the people reporting them.
Eventually yes, ALL the economic reports that come out on Trump's watch are going to look absolutely stellar for him...but they won't mean anything.
It will all be fake news, but all you MAGAts will be happy.
Clueless and deluded, but happy.
 
Well just like when the recent, shitty job report came out if Trump doesn't like the numbers he'll just fire the people reporting them.
Eventually yes, ALL the economic reports that come out on Trump's watch are going to look absolutely stellar for him...but they won't mean anything.
It will all be fake news, but all you MAGAts will be happy.
Clueless and deluded, but happy.
Trump has not changed her numbers and just fired her as he can legally do.
 
Well just like when the recent, shitty job report came out if Trump doesn't like the numbers he'll just fire the people reporting them.
Eventually yes, ALL the economic reports that come out on Trump's watch are going to look absolutely stellar for him...but they won't mean anything.
It will all be fake news, but all you MAGAts will be happy.
Clueless and deluded, but happy.
Facts are fake news to you.
Koolaid drinker.
 
We still are using the last Biden budget. Biden's lasts through September 30. Then Trumps budget starts.

...so, Biden signed off on spending for FY 2025...therefore Trump's big taxes on imports are not increasing prices?

Thats seriously what goes on in your stupid partisan bs filled head?
 
You try to confuse readers here.
Well unfortunately for you some readers here know basic economics - when you increase cost of imports they start to COST MORE.

None of that has anything to do with FY2025 budget.
 
Well unfortunately for you some readers here know basic economics - when you increase cost of imports they start to COST MORE.

None of that has anything to do with FY2025 budget.
Well, what were the imports and what was added by the country levied against?
The USA receives the tariffs and can you produce the line item of them received where Trump hiked costs to consumers?
 
The OP is mocking Trump.

It's amazing how you idiots (and most on this board) don't pay attention to context (i.e. the history of a poster).

This clown has been dogging Trump and his policies from the start.

He's butthurt over 2024.

His OP is so he can whine about what a lie the numbers are if they don't show something terrible.
That’s why he came on board with the username “Conservative from Georgia.”

After reading a down or more of his posts and replies, I just started calling him what he is: a lib.

That said, of course he’s being deliberately disingenuous about his OP.
 
15th post
I meant zero change.

Typical Re:NaziKlan dodge. YOU did not write Zero Gain, YOU wrote ZERO. Your attempt at weaseling out of what you wrote falls flat on its face. Consumer confidence is DOWN. 47's on again, off again Tariffs are starting the economy AND inflation have started peoples wallets. Speaking of Tariffs, TACO TIME, 47 extended the threats on Chinese Goods for another90 dats.
 
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Typical Re:NaziKlan dodge. YOU did not write Zero Gain, YOU wrote ZERO. Your attempt at weaseling out of what you wrote falls flat on its face. Consumer confidence is DOWN. 47's on again, off again Tariffs are starting the economy AND inflation have started peoples wallets. Speaking of Tariffs, TACO TIME, 47 extended the threats on Chinese Goods for another90 dats.
 
Typical Re:NaziKlan dodge. YOU did not write Zero Gain, YOU wrote ZERO. Your attempt at weaseling out of what you wrote falls flat on its face. Consumer confidence is DOWN. 47's on again, off again Tariffs are starting the economy AND inflation have started peoples wallets. Speaking of Tariffs, TACO TIME, 47 extended the threats on Chinese Goods for another90 dats.
Another example of you missing the point altogether.

The guy you quoted is a NOT a Conservative. He's a demonstrated left winger through and through.

And you are jumping down his throat. What a laugher you are. :laughing0301::laughing0301:
 
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