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the unviable American Presidency due to mass stupidity on the economy every four years.
Democrats failed to give the American electorate the economy they want;
JimofPennsylvan i. : The other mistake that Democrats made in this past election is their disregard for the truth, …..
Kamala Harris in her campaigning said that inflation was rising before the Biden/Harris campaign took office which was not true, a check was done for the last six months of 2020 and January of 2021 and the inflation rate was under two percent for all these months!
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NotfooledbyW cccviii : You need to be corrected. Kamala is of high moral character and honest. She did not lie about anything including inflation started under under Don Trump.
From 2019 to 2020, consumer prices for all items rose 1.4 percent. Over that period, food prices increased 3.9 percent, a larger percentage increase than the 12-month increase of 1.8 percent in 2019. Food at home prices increased 3.9 percent in 2020, the largest over-the-year increase since 2011.
www.bls.gov
Consumer Price Index; 2020 in review: January 15, 2021. From 2019 to 2020, consumer prices for all items rose 1.4 percent. Over that period, food prices increased 3.9 percent, a larger percentage increase than the 12-month increase of 1.8 percent in 2019. Food at home prices increased 3.9 percent in 2020, the largest over-the-year increase since 2011.
Prices for all six of the major grocery store food groups increased from 2019 to 2020. Prices for meats, poultry, fish, and eggs rose 4.6 percent from 2019 to 2020, double the 2.3-percent increase of the prior year. Prices for dairy and related products rose 4.4 percent from 2019 to 2020 after rising 2.4 percent from 2018 to 2019. Prices for nonalcoholic beverages also rose 4.4 percent in from 2019 to 2020, a larger increase than the 1.0-percent advance from 2018 to 2019. Prices for the other food at home group rose 3.9 percent in 2020. Prices for fruits and vegetables rose 3.2 percent in 2020 after declining in 2019; prices for cereals and bakery products also increased 3.2 percent in 2020.
Energy prices declined 7.0 percent in 2020 following a 3.4-percent increase in 2019. Gasoline prices fell 15.2 percent in 2020 after rising 7.9 percent the prior year. Natural gas prices, however rose 4.1 percent in 2020 after falling 3.5 percent in 2019, and the price of electricity increased 2.2 percent from 2019 to 2020 after falling 0.4 percent from 2018 to 2019.
Medical care prices rose 1.8 percent in 2020, a smaller increase than the 4.6-percent advance in 2019. Prescription drug prices fell 2.4 percent in 2020 after rising 3.0 percent in 2019. Prices for hospital services rose 3.0 percent from 2019 to 2020, the same increase as the prior year, while prices for physicians' services increased 1.7 percent.
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