Really glad the president of the USA finally decided to pull the lower inflation lever in the oval office.
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Can just reuse all the ones MAGAts stuck on gas pumps.
We’re already reusing those right where they are.
Lower inflation doesn’t mean lower prices - which we need, and/or higher wages - it means prices are going up a little more slowly. Pointing at a $9 jar of mayonnaise with an “I did this” isn’t going to win many people over.
It shouldn’t mean lower prices; deflation is bad, we just want a low rate of inflation. What we do want is for wages to outpace that, and for the past couple of years, they have for people at the lower end of the scale (which is also good)
It’s a knob, dumbass
My apologies
Really glad the
presidentknob of the USA finally decided to pull the lower inflation lever in the oval office.lol gottem
hey wait…
It’s right next to the gas price slider. Duh.
It’s right next to the Gas Price Dial on the Resolute desk.
Now pay me more and we’re good.
I saw this when I opened Edge for work this morning. Two worlds in one picture.
Someone is lying and I have a sneaking suspicion of who it is.
A/B headline testing in action.
Which one will get you to click through to the ads?
Food prices are still up twenty to forty percent.
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2% is actually pretty good and about what you want. Maintaining flat spending power sounds great on paper, but also puts an economy at increased risk of recession and citizens at increased risk of ballooning debt.
That’s nice and all, but wages do not increase year over year for most people, so most people would prefer those risks and be able to continue living, instead of helping to balloon the suicide statistic.
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Agreed. I’m talking about deflation though. The debts you acquire balloon in size, even without interest, during deflation.
I don’t think we do agree. As you can see in the chart, our debts have been ballooning under inflation.
That’s total debt, he’s talking about individual debt. Deflation is bad. This is not really up for debate. 2% inflation is a fine target and worked well for decades.
As you can see in the chart, I’m talking about per person too.
I don’t think 2008 did work well.
If you don’t want to debate about this, then don’t.
That’s great the prices aren’t going up more. Now go get all of these companies that are price gouging. It’s good to protect people from it during natural disasters but unfortunate the government didn’t consider COVID a natural disaster.
While this is good news, remember that this means that prices are still increasing due to inflation, just at a slower rate now. It does NOT mean that inflation has been reversed.
Not sure why there are down votes here. It’s an important fact to remember that inflation “falling” doesn’t mean the cost of living is going down.
Whether reversing inflation is good or not isn’t their point. The point is, living is still more expensive than last year and your wage hasn’t been keeping up since the 70s.
Probably because most people are too lazy to explain that deflation is a bad thing and incredibly hard to get unstuck. The “ideal” scenario is one where inflation stays low and wages outpace it. A small amount of inflation is a way to stop billionaires from sitting on piles of cash. At least with inflation they’re incentivized to spend it on investments, some of which are good for the economy.
Waiting to see the creative ideas Republicans come up with to try to tank it before November
Economy still sucks.
Oh that’s wonderful, because as we all know inflation is the only reason for the increasing prices…right? There couldn’t be any other contributing factors?
Too bad it’s not on food prices
Yay people got fucked over bad, but they can take a water break before resuming the ass railing.
Haters will say it’s because of the election coming up
If only we could get -2% inflation for a few years so price come down to reasonable levels.
Not in russia lol!
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