@Ehhhdolph You can move to russia also, nc. North Carolina has plenty of other idiots to take your place.
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Oh no Righties! Inflation coming down
- Thread starter JRHawk2003
- Start date
Do away with taxes for rich people and large corporations. What else can get rid of inflation?
That's been my question repeatedly. Republicans here can't answer it because they know there isn't a plan...but they will gladly vote Republicans anyway.
From post #24: I realize there are certain purchases that cannot be avoided
Gasoline would fall into that exception I carved out.
Better than American boots on the ground. Sending a few billion to them to keep Russia busy and weakened is well worth it in my book.
Public transportation, brah.
You do realize this is cumulative right? Naturally inflation will go down eventually because if it kept rising at the same rate as it did the last 2 years, we literally would have people starving.
According to the link, inflation is still 15ish percent above mar 2019.
This is not something to be proud of. it will lead to a lot of people defaulting on loans though and possibly losing their home they bought. We have not seen the full effects of inflation yet, but it is coming.
CPI Inflation Calculator
data.bls.gov
Only because we are a nation of debtors. If we were savers it would be good for everyone.
But no...we are a country based on mindless materialism and we define ourselves by our "stuff".
So let's live in reality instead of wishful thinking. The reality is that the majority are hurting. You post a stupid number that shows a continuing rise in inflation like its a good thing. That's bs.
Can’t mow my lawn with that city bus unless I get @bagdropper to retrofit it.Public transportation, brah.
Actually its coming down, which is good news by your standard, isnt it?
Also, Republicans have no answer for anything. Literally. Nothing.
Just to be clear prices are still rising.
By going down...you mean going up by less...
Same logic as when politicians "cut" important programs from the budget, but really they're just increasing spend by less than the original proposal...
gets a political talking point in though..
Same logic as when politicians "cut" important programs from the budget, but really they're just increasing spend by less than the original proposal...
gets a political talking point in though..
It's not coming down, it's just not rising as fast. Regardless, it may be coming down in some areas. But how low will inflation go? Do you think it will return to 2020 levels? That's very unlikely.
Have salaries increased at the same level as inflation? The answer is no. So people are still feeling the pain from inflation.
The last I checked, mortgage debt to income percentage has risen to an all time high of 43ish percent. Many of these people could barely afford their hose, now with 15% inflation, something has to give.
Even people with a low fixed mortgage rate are in trouble because their other bills have risen so much that they can't afford their mortgage. They can't sell because they had little to no down payment.
He's dead. Kamala has been running things. You're welcome.
5% isn't good, but it's going in the right direction. We're still hitting our hand with the hammer, just not quite as hard. Fed interest rates are slowing inflation when it comes to housing and other big ticket items, but have little effect on food prices, or other consumables. It's going to take another year or two to compensate for the extreme deficit spending of the last couple of years, and hope we don't add any more of that. We also have to hope for some sanity with domestic energy production.
I responded to NC hawks smiley face. It does have a bad look, doesn't it,
A basket of good was $100.
Inflation at 10% makes it 100+10+11+12 = $133 after three years. (Rough math). It going up 2% from here isn’t a win or anything close. Sadly we need deflation.
Inflation at 10% makes it 100+10+11+12 = $133 after three years. (Rough math). It going up 2% from here isn’t a win or anything close. Sadly we need deflation.
There shouldn't be. My point was if we are going to be involved in a war, its better to throw money at it than involve American lives.
Eggs $3.50
Prairie Farms Lowfat Cottage Cheese $4.00
One bag of black beans $1.70
Loaf of Whole Wheat Bread $3.00
Bag of Yellow Popcorn $2.35
Bag of Red Potatoes $4.75
Whole Wheat Flour $4.79
My bad. I guess my eating cost me $24 last week. Egg sandwich for breakfast, black bean sandwich with cottage cheese for lunch, black bean burger with a potato for dinner. Popcorn as snack at 9:00 PM.
Solutions for what? I didn't see you ask an actual question. But I'll give it a go.
Biden should not have given the last covid stimulus. This was not needed, but we can't undo this.
We need to back off on the green energy for the time being and increase us oil production. This would decrease oil prices and reduce cost for producing products as well as reduce energy costs.
This wold be a start.
We've been deficit spending in a pretty extreme fashion for basically the entire 2000's, no? The crazy of crazy levels started during Trump's term will hopefully never occur again, but I'm doubtful.
It's funny how you portray increasing inflation under Biden as Republicans fault though.
Not their fault...they just have no answers for this or anything else...except praying and cutting taxes
Domestic oil production is within ~5% of the pre-pandemic all-time highs, and domestic natural gas production continues to set a new record high virtually every month. The Biden administration recently approved a massive production project in Alaska and conducted the largest auction in the Gulf of Mexico since 2017.
The hand-wringing from the right on domestic energy issues is laughable.
...isn't an option in most towns smaller than 25,000 people.Public transportation, brah.
The “solution” was offered before it was “Trump’s fault too!” before it was “greedflation”, before it was “transitory”, all the way back to when it was “there is no inflation, let’s pass these massive spending bills and keep the money printers rolling”.
The solution was to quit spending and printing money. Now you’re asking them to put the toothpaste back in the tube.
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