Americans’ economic outlook brightens as inflation slows and wages outpace prices
Americans’ economic outlook brightens as inflation slows and wages outpace prices
After an extended period of gloom, Americans are starting to feel better about inflation and the economy — a trend that could sustain consumer spending, fuel economic growth and potentially a…
Corporate profits are at all time highs. CPI doesn’t include food, gas or energy. Formulas have been modified.
Fuck Trump, but also— stop lying to the general public regarding inflation, shrinkflation, and greedflation.
This White House actually tried to gaslight the public about the term Recession by changing the definition. So insulting and embarrassing.
Again— fuck Trump. He is undoubtedly one of the worst people on the planet.
They provide the data with and without food/energy. Looks like as of Dec 23, including food and energy reduces cpi when compared against excluding it because energy prices have dropped.
And for context wages have not caught up the baked in inflation. Only the velocity of it. So prices are rising slower than wages.
I'll save everyone a click. Pay is up 2.5%. Food is up 20%. Those are not typos. They're trying to spin this so hard they're making cotton candy out of it.
I don't care. Please tell me corporate profits are up?! /s
Oh definitely.
But it clearly says everyone is so happy! Our problems are solved! Oh and wages are outpacing the price gouging!… who the fuck writes this shit
Some much needed context - the numbers This comment refers to are calculated from since the pandemic - the headline of this article probably refers to the results this year, which are.... Less bad. Not quite good, but less bad.
Wages outpace nothing. I got a raise because state minimum wage came to $15, and rent went up 10%.
Landlords absolutely collude over pricing and land is a limited resource so there's no competition allowing them to bleed people dry. We need to put up limits on rental profit and we need it like 5 decades ago.
I still wonder how many idiots will not only vote for donnie (or sit out) because of Gaza, or - just as stupidly - vote for donnie because "Bidenflation" and little d's supposedly "great policies" I keep hearing he supposedly had.
If genocide isn't your red line you are not a good person. Had this happened under Trump, liberals would be demanding action instead of demanding a vote for the condoner of those deaths.
Biden when people protest at his events: Maybe possibly sometime in the future I should look into this potentially maybe. Trump when people protest at his events: sends in unmarked police officers with military equipment and federal backing to arrest anyone they want for no reason in the city the protesters might be from.
I like having a President that allows me my Constitutional Freedoms while protesting for change so I can continue bringing the topic up until something happens.
There are degree's of response to genocide. If you think you Trump will have a harsher response towards Israel's genocide than Biden, then you should definitely vote for Trump or not vote for Biden.
But make no mistake: not voting for Biden isn't a condemnation of Biden's response to the genocide, it's an endorsement of how you think Trump will respond.
So do you have any constructive paths forward?
Y'all are getting higher wages?
Took a pay cut this year.
Ah, the America of alternate-earth 329
Ooo... Push and pull inflation at the same time. This'll be fun.
Reduced inflation ≠ deflation
