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

[IDIOCRACY]

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.

I thought liberals were supposed to be the most intelligent?

 

[AntonToo]

I thought liberals were supposed to be the most intelligent?

Must you share your every brain fart?

 

[braalian]

It was stupid of Trump to promise he could end inflation and bring grocery prices back down

 

[IDIOCRACY]

Must you share your every brain fart?

Not my fault your intelligence remains at the elementary level.

Combined with tainted you end up with a liberal.

 

[jbrownson0831]

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.

More libberbabble from Libtard from Lithonia.

 

[Natural Citizen]

It was stupid of Trump to promise he could end inflation and bring grocery prices back down

The market itself dictates. Always.

Obviously big government statist types, both blue helmet and red helmet factions, will always promote the notion that government should dictate the market.

Unfortunately, that's just not how free-markets work. Or a free society for that matter.

It is, however, how authoritarian mindsets work.

 

[Frankenstein]

Yeah, that’s sound logic…..

sure was roid boy!

 

[Frankenstein]

Gas is no lower than when Trump entered office.

It is where I live

 

[AntonToo]

It was stupid of Trump to promise he could end inflation and bring grocery prices back down

You are assuming him to be dumb enough to not know that.

In reality he said whatever he thought would help him win the election (and stay out of jail btw). True or not doesn't matter to him. From the perspective of that goal it was smart for him to shamelessly lie because some ignorant fools actually believed it.

 

[Edgetho]

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




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.

No. It was decades ago. The Carter Admin adopted it so they wouldn't have to pay increased Social Security Benefits.

 

[JWBooth]

It is where I live

Here too though only marginally so.

 

[SassyIrishLass]

CPI and inflation is steady.

 

[Edgetho]

It is where I live

You are correct. You are also responding to a dimocrap, all of whom are pathological liars.

The price of gas is down a lot year-over-year Gasoline - Price - Chart - Historical Data - News

 

[Natural Citizen]

No. It was decades ago. The Carter Admin adopted it so they wouldn't have to pay increased Social Security Benefits.

Yeah, they've been manipulating the CPI for years. Both so-called sides do it whenever they need a good bullshit story and whenever it's convenient and necessary to tell one.

 

[cnm]

U.S. and China Extend Trade Truce To Avoid Tariff Hike.

Tariffs: US and China extend trade truce deadline for another 90 days

The US will hold its levy on Chinese imports at 30%, while China will keep a 10% tariff on American goods.

www.bbc.com

TACO.....TACO.....TACO HE SURE IS THE TACO MAN....

Did you really take the OP at face value?

 

[Edgetho]

Yeah, they've been manipulating the CPI for years. Both so-called sides do it whenever they need a good bullshit story and whenever it's convenient and necessary to tell one.

"Both Sides" -- A Tu Quoque fallacy... Was that called for?

 

[Frankenstein]

Here too though only marginally so.

2.78

 

[Natural Citizen]

"Both Sides" -- A Tu Quoque fallacy... Was that called for?

It's just a fact.

If it's of any consolation, historically speaking, it's been both wings of the same bird.

 

[Rawley]

CPI and inflation is steady.

Dow up 500. Sucks to be a Trump hater today.

 

[Mr Natural]

I cannot answer that question because I will not be wrong.

Pride goeth before a fall.