on inflation numbers. https://finance.yahoo.com/news/infl...-slowest-pace-in-3-months-125909818.html

Nothing beats the Fox guarding the henhouse scenario ie. Gov. agency reporting the inflation numbers. Should be an independent organization not accountable to Uncle Sam.

Funny

I thought the same thing.

Nothing has gone down.

Bill O'Reilly said it last night that everything has risen in price except one thing since FJB got installed. Prescription meds hasn't gone up!

Funny how when you're falling down a mountain you'll hit a shelf or flatter area and you slow down some, just a bit . . . but, you're still falling down the mountain.

They are saying the numbers are down relative to the past 3 months.

That's like the front half of your canoe hanging dry over the waterfall and saying "Hey, the current is really slowing down here!"

Just took my mom and nephew who is in town for a few days to lunch. 3 sandwiches with fries and drinks, with the tip I forked over $70. Son of a B!

A trip to the grocery store a couple of days ago tells me that's BS. I was actually eyeballing the Bud Light due to the lower price. Sad deal.

Yep
Me and the wife went out for a rare lunch treat.
Appetizer
Two meals
Water
Tip

62 dolla

Not true, two things have gone down
Biden vs stairs
Kamala

Those numbers, just like employment numbers, always get revised. And they always go in the wrong direction.

Those numbers are the "CORE Inflation" which doesn't include food or energy....ha!

Let's see.
In November of 2020, unleaded gas was $1.89, now it's $3.49.

Yep, about 7% sounds right.

Football through a waterhose !

Donothin will come along shortly to school the conservatives on the shrinking inflation and booming stock market!

As I sit here CBS Nightly News is running a story on the high prices at fast food restaurants... Dan

Can one of you political economic gurus explain how whoever is President actually affects what inflation numbers are..?? I know everybody claims it's the Presidents policy that affects things but just because you want something to happen doesn't mean Congress is going to go along with your plans. If there is any group to blame it would be our esteemed Congress. They either pass laws or they don't which can affect things...i.e taxes, rules and other regulations that add costs or lower them...fat chance of that...:) I don't like inflation anymore than anyone else.

If anyone thinks that re-electing Trump is going to magically lower fuel costs, lower food costs, or lower the cost of hard goods I've got some ocean front property in Arizona I'll sell cheap...:)

If Trump will pledge to lower the price of fluorocarbon line, reels and rods, and boats I will consider voting for him...:)

We shall see

Is that land close to where they moved the London Bridge?

We have had one term of each of the the candidates, I know I personally did pretty well under one and have struggled under the other one…which one do you think I will pick?

This guy says he lowered inflation and gas prices as well.


https://youtu.be/U_O1hEm59rM?si=KQAoBb_SpovFrMKX

Neither of the two recent US presidents caused the inflation we have seen the last few years. The inflation problem hasn't been isolated to the US, the whole world has experienced it. If it was a US problem, the USD would have crashed but it hasn't, it's maintained a stable exchange rate with other currencies throughout this inflationary period.

I attribute the global inflation problem to Covid-related supply chain interruptions and the Russian-Ukrainian war.

Cargo ships were decommissioned for scrap metal in 2020, the world will pay for that for years. Also, we (in the West) returned to normal post-Covid operation well over 2 years ago, but China did not. The Chinese have only been back at work for a little over a year now. They may never get back to pre-covid production levels.

Covid drove oil prices down, it was the Russian invasion of Ukraine that drove them up. Both counties are also leading exporters of grain and fertilizer. Ukrainian grain has historically fed much of Arica and the Middle East. Most of South America and the Middle East can't any grow crops without their fertilizer. That may not affected food supply in the US, but US buyers have to price compete with foreign buyers .

Well someone just announced a %100 tariff on Chinese cheap Chinese EV's. In and of itself it that is inflationary. Granting debt relief, also inflationary. Spending $2 trillion on "infrastructure", inflationary. I've got other examples. To say that a presidents policies have no effect on the economy and deny those policies can effect inflation is just not the case.

Yep. Getting to where a guy can't even afford a nice dress.

I wonder what the price of knee pads has done.

The President’s open invitational border policy costs definitely added to a significant part of U.S. inflation.

As did his energy policy.

If the executive can come in and immediately issue 80+ orders that impact energy production, there is not one person to blame but him. EVERYONE knows he did that.

Now, the other sad part is, the bitching and moaning for minimal skillz wage!!

For the love, minimal skills doesn't mean you get to live in a Beverly Hills!! It is MINIMUM wage because of MINIMUM SKILLZ!! These idiots didn't learn anything in school, dropped out, because school was too "hard" and now complain they should be making 6 figures for standing there, pressing a button on a screen and Asking "do you want that a meal?"

take back $20 per for that work/labor... It not meant to be a living career with Beverly Hills kind of money being made.. It is a High schooler's part time job to teach him/her how to work for things, become organized and to dream of doing something better with your life and obtaining skills that are far better paying..

There is your inflation summed up in a nutshell.

Mo

Heres the thing about inflation, it compounds. If it is 1.4% one year and then 4% the next year and then 5% the 3rd year and only 3% the 4lth year the DEMs try to say inflation went down but in actuality over a 4 year period like Joey's the total rate of inflation is 1.4+4+5+3 for a total across the board increase of over 13%

Funny how the gloss over the total

just stop with the easy math ... (Kindergarten math)...

Funny that you guys don't believe it, but those investing mega dollars believe it.

Moron I am not talking about the stock market. Inflation is a decrease in spending power on every person for every item they buy. In increased price of diesel alone has increased the price of everything

You are the moron. I completely understand what inflation means. Most on here were saying they did not believe the inflation number just released. I simply said, investors must believe the numbers.

The Dow topped 40,000 for the first time.

Even when Obama did everything he could to kill the US economy, he couldn't. Americans invest.
All it took to really take off was......

We’re back to MAGA waters finally….

The inflation number is not relevant to the market moron. They are 2 different entities. An inflation rate of 3% added to an inflation rate of 5% added to a. Inflation rate of 4% added to an inflation rate of 1.4% gives you an overall inflation rate of a minimum of 13.4% added onto every good and service. The stock market does not dictate nor influence inflation. Investors look at different numbers and the people not in the markets are losing their butts and it is the fools you support who caused it

I finally agree with donothin, The stock market has done well. But, I'm still a MAGA and one of the basket of deplorables.

But this thread is not about the stock market. It is about inflation which is a different animal

and its not about how high it got. Its about it slowing and I've seen diddly to argue the point.

No it isnt. The thread is about how misleading morons like you are by focusing on 3% and ignoring the previous 10%. The original post tells this but as usual you are trying to deflect

Funny but the article showed its the lowest in 3 months.
The title being Inflation pressures ease in April as consumer prices rise at slowest pace in 3 months, then posts "Nothing beats the Fox guarding the henhouse scenario ie. Gov. agency reporting the inflation numbers. Should be an independent organization not accountable to Uncle Sam".

Where in the blue blazes did you read anything about 10% inflation or a gripe about earlier inflation rates? Made it up, didn't you.

Read the original post moron. The person starting the thread decides what it is about. What the hell makes you think you get to decide everything especially when this thread is 3 pages long and you just got here. The OP says he isnt buyin the BS. I dont either because I buy gas and groceries and see what they cost due to inflation

I RE-POSTED/QUOTED EVERYTHING from the first post in my reply above and now its in red.
The only difference is he posted a link while I posted the title of the article.
I questioned why you think its about earlier inflation rates. Now you don't seem to even understand what the first poster posted. LOL.

Moron he say he does not buy off on what the article says. You on the other hand cannot grasp that the OP does not agree with the article and keep trying to say what is in the article. You do not get to decide what a thread authored by someone else is about. Start your own thread about the article if you want to pimp the contents of the damn thing.

Nobody has to get your permission or approval to start a thread and you do not get to control every thread.

I’m glad I make enough money to not care about it. Sounds like a lot of you need to work harder.

"Work smarter, not harder."

To apply liberal logic to it, I don’t need to work harder, you need to send me some of yours…..since you make plenty and all.

Let me know when you have my share and I will send you the address of where to send it.

That was a troll. I work in education lol. I’ll never be rich.

I was just ball bustin anyway. I don’t want anything I haven’t earned in this ole world.