Steve Rattner digs into the latest inflation report
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- čas přidán 15. 05. 2024
- Morning Joe economic analyst Steve Rattner joins Morning Joe to discuss the latest inflation report.
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Steve Rattner digs into the latest inflation report
#Inflation #Consumer #Business
Is anyone else struggling to afford to live?
Nope, doing better than ever thanks to saving when times were good, making more money at work, and investing in this stock market. Most people are the same, the percentage of people saying they are doing poorly financially is the same as it was in 2019 and 2020.
@@TheTruthiest that's good! If I had extra income, I'd be investing in the stock market but I'm putting 3-5% into my 401k. I felt like I was found well in 2020. Groceries are my biggest expense. They are so expensive.
@@thelyonsking1354 Well at least your 401K should be doing well. Are you using any budgeting apps? There are some decent CZcamsrs I've watched who helped me get my finances in order. Not promoting them but might help you. Once I looked at what I was wasting eating out and on useless stuff/subscriptions, I was able to cut alot out and save.
We are doing just fine. Paid off home early...started home repair business 12 yrs ago....doing great.
Life is good. I guess it's how you plan your life....
🇺🇸
@@JusticeAlways that's awesome! Happy for you! I'm only 27. Still planning.
I remember Biden taking office Jan 2021 not June 2022.
Yup, their own graph shows Joe to be a LIAR!
They try so hard to gaslight. WHY NOBODY BELIEVES THEM anymore
Trump Covid failure caused the economy to crash. Stimulus money, supply and demand, supply chain disruption, war, Corp greed caused inflation, not Biden
Yeah, but world inflation in 2022-2024 was a result of every government, world wide, decision since 2008.
Does anyone really think that QE, (Namely printing cash to increase money supply), could be anything other than inflationary?
What shocks me is that it took nearly 15 years to hit.
The most expensive vehicle to drive today is the shopping cart
food is still a small part of your budget ....
We are fine with food prices...some stuff has been coming down.👍
@@JusticeAlways Wrong. If that was true , why did MSNBC only show 2 things on list this morning?
get an job...and put the shopping carts back where they belong...
Panties are getting in a bunch when hit with truth
Appreciate?! How can they appreciate anything after working 40-60 hours a week and still don’t have enough because you need an average of 60k a year across America to afford rent?! I think we need to reassess the issues here. Yeah wages still are not high enough, but our free market commoditization of necessities is conflicting with some employers ability to even come close to meet living wages. Stop giving workers a hard time. They literally can’t work any harder and the nerve to say they don’t appreciate is completely detached from reality. It’s not just wages, price controls or windfall taxes or something needs to be implemented because every penny we get more, the price of services and goods goes up a dollar yet none of that “trickles back down “ into increasing wages further. I’m in my 40’s and I’m over it! My kids are having a harder time than I did at their age plus they have to clean up the mess left by my grandparents. Aggressive actions need to be taken. People don’t want to rent homes with 6 roommates just to get by. Single parents are doomed and abortion is illegal in like half the states. In ten years we will have triple the homeless if it keeps up.
Nobody forced anybody to be a single parent …
My goodness! You’re gonna have to take up most of this with the billionaire corporate oligarchs who take the recent record profits and bank them out of the country.
CEOs and investors are making more money than a human and their entire extended family can spend in 100 years of the most vulgar excess.
Meanwhile, they refuse to raise wages, actively battle unionization, keep working conditions inhumane, raise prices even more, and pay no taxes on those hoarded billions.
@@jimeagle5509Dude. People _literally do_ become single parents through no fault of their own. Single folks take on parenting and/or caretaking responsibilities all the time. Partners pass away or become incapacitated.
Others can end up with a child as a result of crime, or the selfishness of a partner. Or an accident of birth control.
The real world is messy. Our ability to accommodate edge cases is what makes us human.
I understand your frustration and you are so correct
These things has been the same for decades
Now you have to think who will make your life better?
Biden is fighting to give us healthcare, childcare, raise the min wage, make sure you will have some coverage when you are retired.
Trump only talking about tax cuts. How much tax you pay that concerns you and needs a break?? He is for rich
@@jimeagle5509 are you a woman? What do you know? Women are abandoned by their children's fathers far too often. Who's fault is it? Banning abortions means the likelihood of young, single mother's will tripple.
Putting sprinkles on a pile of crap doesn't make it a cake
In Europe we have higher inflation and gas prices and lower gdp growth. Count your blessings!
Good thing we had the “inflation reduction act”
You also have the USA paying for your war in Ukraine, at least Trump made Germany pay its fair share in NATO@@lbrounen
Ratter everything is going up we don't need to watch you to know that
Tell that to Jill as she's carrying Joey's loaded pull-ups to the trash...
Imagine if companies were held accountable for price fixing... one can dream.
Imagine if governments were required to have a balanced budget!
Yeah, Minimum wage being $15 has NOTHING to do with higher prices huh? You clowns are the ones who wanted a "living wage" and so "special" didn't think prices would go up.
Like the government
Start your own company.
Imagine if you weren’t not such a Dem stooge that believes nonsense
They bust out their stupid charts and graphs, and lie right to your face as if we arent all EXPERIENCING this. They dont experience the financial squeeze, theyre all rich!
Your economist can live on my wage . See how they like it
He`s most likely smarter than you!
I don’t think the high food prices is only related to inflation. I think it is also related to the monopolization of big farms, chicken and meat production.
The rise in housing is because apartment owners raise rents year after year until renters cannot afford their rent and need to move but cannot find another apartment in their budget. Older Americans are needing to continue to work well into their 70s if they have only had high school educations. It’s time to cap rent on property owners who don’t reinvest in the properties, building that a well below “market value.
Some cities cap the rents but then all the building become delapitated because they can’t afford to renovate.
Take out food and energy? The average American doesn't appreciate how great they have it
Because it's not great. It's terrible
We do have it reasonably well...too much complaining because of politics - upcoming election.
👍
@@JusticeAlways It just wonderful open border the country invaded by thugs drag queens infesting the schools
@@JusticeAlways no we don't. That's a stupid statement. A majority of working aged dots cannot afford housing. More than 65% of the people collecting food stamps are able to work but don't. We're having to take on second and third jobs just to make ends meet. It's not a good economy. It's only going well for the extremely wealthy and that's only going to last a short time longer.
Well this former Democrat is hurting because of things like... I went to Taco Bell and got one less taco supreme then I got 3 years ago and I paid double. This is getting ridiculous and this media is acting like oh it ain't no big deal. But if we don't get this biden out of office then this country is going straight like Venezuela.
First order of business tax the rich
I Agree tax the rich coward 😤
Ok, Adolf. Done deal.
@@sayhisnamewhickerfjbhow can a poor Russian support wealthy Americans?
65% of all irs audits from 2023 we on people who made less that 200,000k a year. Under Joe Biden. Good luck trying to “ tax the rich”
First order of business, get Trump back in power !!
Man the desperation at MSDNC is truly something to see ….
Thanks
~Jim Eagle
They keep carving out specific items out of inflation data. Look at the items excluded.
Looked pretty extensive to me...I read each category listed...what was excluded?
I keep digging into my pocket to afford to live. 👎🏼
Red Lobster closing . Wall Mart laying off 1000 workers, Buisnesses closing all over california. BUT , other then that, the economy is GREAT under Sleepy Joe. LOL!!!!!
Just think of how things will be if Biden gets another 4 years.
@@mikebrigs1218California is not all country
Sounds you've made some bad choices in your life. I've saved when I could, not eating our or buying new stuff or subscriptions, instead investing that money in the stock market, now I'm living very comfortably.
@@TheTruthiest Possibly, I get by. I was referring more to the average blue collar American that is not as fortunate as you. Unlike liberal Democrats, I actually care about my fellow Americans and don’t pretend to care by using class warfare, race baiting and lies.
This dude is delusional
Not voting Blue no matter who
Me too! My wife and I were just discussing how we hope Biden retains the Presidency so our daughter can compete against men who play women's sports!
HUD is reporting a historic rise in homelessness. I wish they would talk about that.
Isn't that a issue for each state and what they do with the funds.😮
It's all Trumps fault. Report over! Now back to more Trump bashing.
So, more people in work means more can buy, it's the builders who are price gouging. Or tell house sellers to accept lower offers.
@@truthbombsucanthandle Tell the rich to give back the $3 TRILLION tRump gave them for nothing.
Red Lobster closing . Wall Mart laying off 1000 workers, Buisnesses closing all over california. BUT , other then that, the economy is GREAT under Sleepy Joe. LOL!!!!!
Everything is high!!. Greedy corporations and career politicians are the biggest problems. If you think wages are keeping up with inflation you are also high. None of the anchors do thier own grocery shopping. Try to buy $200 worth of groceries for a family of 4. Also that low unemployment rate is just people having to get 2 jobs. Thanks MSNBC
Steve Rattner needs to explain why the bottom wage earners are increasing their wages. States are raising their minimum wages. Washington state's minimum wage is $16.28 per hour. Unfortunately, the states that are raising their wages are also the most expensive states to live and the cost of living is also increasing.
There was nothing to appreciate or celebrate about that inflation report. Even the hosts did not fall for the explanation.
Seemed OK to me...why dissatisfied?
Car rental does not cut into your salary if it’s for work. As someone who traveled for work for decades I never once paid for a car rental, hotel, or meals as they were all expensed. This may be part of the problem though because I really didn’t care what something cost as long as I stayed within company expense guidelines.
Homeowners insurance prices, especially in states hit by fire, flood, disaster have gone through the roof. But what I can't understand is why the car insurance prices also followed. Why?
Notice how they only showed 2 items on that first graph. There’s like 15 items on that list. Those are the only 2 they can show people that have gone down. Everything Else is still high AF
The main stuff now is housing and insurance and neither of those will get better with rate hikes.
The federal reserve is not going to cut rates. Amazing how dumb this network is
You have a three month old Russian troll account.
@@BurkBernardit’s so funny that you can’t except other people believe differently from you without calling conservatives Russians. It’s so pathetic. You define the term Bootlicker
Conservatives aren’t Russians despite what your messiah at MSNBC claim. You are a clown
MSNBC is Chinese propaganda network
MSNBC won’t let me tell you the truth
Bought a bottle of Kraft salad dressing for two dollars. It's usually three-fifty. And my money is stretching a little more this month compared to the last two months. A good sign that inflation is easing somewhat.
It’s the same problem everywhere. I’m a Brit living in Germany. My old car didn’t pass the tech exam in January, repairs would’ve been mire expensive than the car was worth. It took me up to now to find an affordable used car. Cars 15-20 years old costed more than my last car' which was only 7 years old at the time. I wish our purchase power would go up a bit.
It's not inflation and these young people are totally wrong it's price gouging there are less and less competitors in the grocery business in the gas business the companies are price gouging because they can
We have had decades/generations of diminished net returns on the labor dollar and increased expectations and debt... No administration will fix it and realize the results and be credited while in office or campaigning.
So we not going to talk about corporate greed?
Buy Kroger and Exxon stock if the prices of gas and groceries really bothers you.
Making more doesn’t mean everything is cheap the pay doesn’t keep up with cost of living so everyday people aren’t feeling it 😢
5 cuts (selective editing) in a 14 second video of Squinty agreeing to debate. Did they tell him teleprompters, hidden earpieces, secret notes, & pre-scripted questions aren't allowed?
trump doesn't care about details, although having his mic turn off when his time is up may bother him a bit😂
He's already asking for no live audience.
Red Lobster closing . Wall Mart laying off 1000 workers, Buisnesses closing all over california. BUT , other then that, the economy is GREAT under Sleepy Joe. LOL!!!!!
@@mikebrigs1218 spammer
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A food addiction is more expensive than a coke addiction
Joe is 100% correct.. the economy is the main issue but young people have just accepted that they have no chance there... which allows them to focus on petty stuff like humanity.
😂 preposterous
What planet does Steve Rattner live on? I can't afford meat or fresh fruits and vegetables any longer. One grapefruit cost $2 my local grocery store. A 16oz bottle of soda costs $2.80. Fixed income citizens are now on involuntary starvation diets. Once you pay your rent if you can afford to still pay rent, you are literally broke. I'm voting for anyone who is most likely able to put an end to this madness.
At retirement, this is our reward for a lifetime of contributions to economic well being of this country? The greed that is pervasive in boardrooms is unbelievable. And by the way, thank you to everyone of you greedy Republican and Democratic politicians who make poverty a reality in America.
Atleast the democrats are trying. All the other ones care about is ," owning the libs!"
@@jayceak7
Exposing🍿
You spelled *EXPOSURE* ....wrOnG💁♂️
🇺🇸🐸panickinDC/NYC/GA🐸🇺🇸
I agree somewhat. I can avoid buying $20 beef and instead buy $1.20/lb chicken legs. There are things which are still hard to avoid. Most my kids are struggling with rent much less home ownership. We just bought a used vehicle. We searched for weeks to find a car for $16k that didn't need immediate repairs.
Inflation isn't driven by one person. Inflation is a Global factor. High/Low oil prices, War in Russia/Ukraine, $Dollar Trading, Politics across the globe, Weather destroying crops, Lack of rain to grow crops, etc, etc, etc!
It's not just Biden's fault... You also have to blame Congress
"Why are insurance and car rentals so expensive?" Because insurance companies are driving up the prices because of EVs. I replaced a gas power car with an EV and my monthly insurance price increased $130. And that was after shopping around. I've seen lots of reports saying that very minor damage "totals" an EV, so they are ramping prices up across the board to cover it.
Same for home insurance. In 11 years, my home insurance has doubled twice.
You live in Florida?
If the economy is so good why is the wages line falling on that chart 🤨
"Inflation" is down this month because a 0.4% from last April fell out of the 12-month calculation window. Next month a 0.1% from May 2023 will fall out of the calculation window, meaning that if prices go up by half as much in May as in April (0.15% - which annualized is below the 2% target), "Inflation" will be down in April and up in May even though prices went up more in April than May.
The 12 month average is interesting to look back on but is a pretty silly metric to talk about in the context of reporting on what prices are doing right now and going forward.
Love Joe but no business person pays for their rental car their business does.
How about older people on SS???
They got huge increase because it's based on inflarion.
For housing to drop, either millions need to lose their jobs, or they need to lower rates and encourage building more properties. I think they’re choosing the former.
A loaf of bread just went from 2.50 to 3.79. When is the last time Ratner shopped
still 1 dollar at Aldi, just there this weekend.
So?
Ordinary store brand bread is still under $2 where I shop. I can get premium quality bread for $3.79.
Bread costs tied to Ukraine war. Help Ukraine win and wheat prices come back down.
This illustrates the disconnect between reality and perception. When Gallup asked people how their personal financial situation is, a plurality say they are doing well and the same number who say it is poor as it was in 2020. But when they asked them their perception of the economy, more people think it is worse now than it was in 2020. That is what disinformation from the media has done and very few have been willing to counter it, so thanks for this dose of reality.
No
This illustrates YOUR disconnect.
Biden's big inflation problem: Prices are now up nearly 20% since he took office Yahoo 16MAY24
Fact check: Biden again falsely claims inflation was 9% when he became president CNN 14MAY24
Bad news for Biden (and all Americans): Inflation is creeping higher at the worst time CNN 11APR24
Or they are suffering from higher rates, mortgages and insurance.
Why don't we want deflation? Cheaper prices
Whose wages are increasing 4%? That’s bull. You will be lucky if the average company throws you the minimum 2, some aren’t even giving out raises this year.
It seems you're referring to the idea that a significant portion of recent inflation might be attributed to corporate greed rather than just cost adjustments related to the pandemic. This perspective suggests that companies have been raising prices beyond what is justified by increases in their costs, potentially to boost profits.
To clarify:
- **Pandemic-related cost adjustments**: During the pandemic, supply chain disruptions, labor shortages, and increased demand for certain goods led to higher costs for businesses. These increased costs were passed on to consumers, contributing to inflation.
- **Greed-based inflation**: This suggests that some companies may have exploited the situation to raise prices more than necessary, taking advantage of the overall environment to increase their profit margins.
The claim that 45% of inflation is greed-based implies that nearly half of the recent price increases could be due to companies' profit-maximizing behavior rather than just recovering from pandemic-induced cost pressures.
With profits up for the rich, the gap between the rich and poor is growing. Not narrowing.
Imagine if the WHO can be held accountable for what they did to the human race - one can dream.
WEF also
They were right
Sir, this is an Arby’s
@@irenafarm shame on you
Scams from auto dealerships. I buy used but private so I am not paying someone's commission. BTW, the average for mortgage rates, overtime, is 6%. I remember parying 13% in 1983. And hubby and I bought a house THAT WE COULD AFFORD. People can change the narrative by refusing to pay these higher home prices. I sold 4 homes myself which cut out half of the realtor's commission.
We are working multiple jobs n still can't keep up with bills n groceries lol
It's greedy CEOs that are the problem.
Has very little to do with interest on housing. Housing inventory is depleted and houses that are available go into a bidding war. I couldn't afford my first house until I was in my 40's and I'm in my late 60's
Love listening to MSNBC tell how great I have it. Thanks
Steve Rattner!
Inflation is easing? Lol it's still ridiculous though. It costs $49 for about 6 grocery foods.
It's over, isn't it?????
Too bad for you, right hon? 😂
Come to the Mid-West (except Chicago)! You can find super cheap homes in Flint, MI or Youngstown, OH. We have cell service and fast food chains. What more do you need?
Both highly desirable locations (sarcasm)
I’m unironically interested in Michigan as a future home, if NC can’t shake off the MAGA stranglehold.
Indiana seems nice also if they could do likewise.
Not Ohio. Bleah. I’d prefer to go full MAGAland in WV. Such an amazing place, but the crippling political scene wouldn’t work for me. I’m female requiring HRT for an intersex condition, Jewish/Mexican, and super socialist - I’d be cooked in that environment.😂
@@irenafarm Ann Arbor would be perfect. UM Medical Center is world class. Ann Arbor is as expensive as the Research Triangle, but there are cheap areas around AA. South-East Michigan is center-left. Come for a visit (but not in winter 🙂).
😂 I would rather be homeless in a majority White City
Gas, groceries, and housing is only three bills especially with streaming services by the end of the month you have nothing left and whos raising job salaries. because as a general laborer/ factory worker my job
I was just at went from 15 an hr to 16 over 2 years
Mika catching strays out of nowhere.
So, Wall Street seems to be voting for Biden.
Back when What's His Face was President, Wall Street was the Republican mantra and the rhetorical bench mark. Now the record market ain't important. Go figure. LUL
"Hey dad, where's my coke??"
"Right next to the classified d-- ... the ... uh ... the ... you know - the thing! Come on man!"
Rerr be guk aarrhh?
@@rahimmajid647 I remember the "speech" where Joe said that! You and your fellow cult members agreed then gave him a standing ovation.
Joey then winced at the crowd, created another chili diaper, then walked off stage and right into a wall.
Red Lobster closing . Wall Mart laying off 1000 workers, Buisnesses closing all over california. BUT , other then that, the economy is GREAT under Sleepy Joe. LOL!!!!!
@@sayhisnamelibsDJT24 I don't think it's Biden that said 'Russia and Saudi Arabia are rerr be guk aarrhh', bud.
I'll give you a hint as to who said this....The guy who said this also praised the late great Hannibal Lecter as a wonderful man. Not only Hannibal Lecter is a fictional character, he's also a serial killer. What a wonderful man, huh?
@@rahimmajid647 Are you seriously THAT dense?
YES, you indeed ARE that dense.
Young people eating Marconi and cheese and living in a tent
The Liberal CZcamsrs here won't allow me to respond to their replies in my comments. That is COWARDLY but Totally-expected.
Yes, I'm being censored often to unknown persons at CZcams reading my comments before I even have a chance to post. The text of my comments blows up, or magically disappears. Seems like communist editors to me.
lol...like you maga's don't let me respond on Y.T????
like you republicons dont let democrats respond on Y.T.??
Real inflation going up up up, migration going up up up, tax going up up up
There aren’t Any thing called 'real' inflation
Haha .. I would share this, but let’s face it , trumpers don’t see or understand facts, and charts 🥹🤷🏽♂️😃😃
The conditions for inflation, a lagging indicator, were set during lockdown beginning with the supply chain disruptions. Increased demand and returns for investors (price gouging) played a role as did tariffs (Trump promises more of the latter). Unlike the sluggish recovery from 2007 financial crisis, the post Covid "V" shaped recovery was much quicker. The Fed finally got the inflation it was trying to stoke since 2007 so it can end the zero interest "free money" policy similar to Japan's lost decades. Inflation crisis was handled pretty well, especially compared to the 1970's and 80's when interest rates were north of 20%. Social security received a cost of living increase, now the private sector has to play catch up.
Basic Info. US Inflation Rate is at 3.36%, compared to 3.48% last month and 4.93% last year. This is higher than the long term average of 3.28%. The US Inflation Rate is the percentage in which a chosen basket of goods and services purchased in the US increases in price over a year.
People only need to look at their weekly grocery bill to see what real inflation is.
Comments that don’t agree with the content here are deleted. YT and this channel censor comments. 👎🏼
A. A 12 minute video dedicated to inflation on MSNBC? I think it's going to snow in August.
Record profits for Fortune 500 means inflation is from gouging.
Where's Health Insurance in Year-over-Year Change? When I lived in the States (early 2000s), we had disposable cash without health insurance. Or is Car Rental & Insurance meaning all Insurances (home, medical, car...)? Because that's how their system works: you file like in a car accident, wait for settlement, and hope your claim isn't rejected - cause it might be your fault (preexisting conditions)?
Things are great, Great news groceries are cheap thank you Brandon thank you Joe and Monica
Liars.
You took food and energy out of the inflation and celebrate the market reaching a new high 😬
the whole world is industrializing right now and eventually everybody on earth may have the similar lifestyle opportunities. The earth cannot handle 9 billion people driving SUVs which means we here in the USA need to change our lifestyle to not depend on cars. EVs are a million times better than dino juice, but we'd have to dredge the entire ocean floor to get enough lithium to make all the batteries for everyone on earth. We need bold choices to change our lifestyle.
Guys: If I were a young person facing difficult decisions because of increasing costs, I would have turned this off by the halfway point. I stopped watching Ari two or three years ago because he thinks our political and legal situation should be interspersed with fun and games about rap and hip hop.
Whatever sense a young person was supposed to make of this report, and Rattner knows his stuff, is completely lost in the comedy talking over and interrupting him.
This is the way you lose young people"s votes. You claim to be taking their concerns seriously, but then you show by your antics that you don't.
Inflation is soooo bad...even black people don't want to vote democrat this time.
I don’t know democrats owned the planet and all the global inflation. Last I checked our fed that determines our rates was appointed by Trump. His name is Jerome Powell.
lol 2 tenths of 1 percent ? that is LESS than the margin of error.... you guys are clowns
This “reporting” is so disingenuous it’s crazy. Inflation hasn’t come down. Has there been a slow down of the rate of inflation going UP, yes, but that doesn’t mean it’s going down. Prices for everything are up the past 4 years from 20-100% depending on the category. Show me peoples wages that have doubled or tripled in the last 4 years?! What are they even talking about.
They’re not talking about deflation. They’re talking about the rate of inflation from last year to this year dropping. We have inflation but increasing at a slower pace.
Rattner 👍
So the price of food dropped a few pennies. Big deal. Joe needs to go😂😂😂
0.2% and you guys are crowing about how good it is!!! WOW talk about out of touch!
More than anything else, people are going to vote with their pocketbook. When Trump left office, we we’re moving forward with an 8% rate of growth and a 1.4% rate of inflation. We were also the world leading producer of energy and we were energy. Independent according to the non-partisan EIA.
The first day that Joe became president, he negated all of the programs that were put into place by Trump that gave us a supercharged economy. We are now importing fertilizer from Russia. He is a huge contrast between the two administrations.
And trump helped murder over a million Americans
Let’s go with that fantasy. Haven’t seen the facts of what you write. Other than the covid lockdown depressed prices. Too bad Joe didnt leave us locked down. Everything would be cheaper. Oh wait.
This channel is the National Enquirer of tv channels
And yet here you are.
@@higgs923 this is why yall are losing. We know what our side is saying and we know everything your nutty side is saying.
Trump loved the Enquirer.
@@KCN8er according to MSNBC? Got it. 😂
@@higgs923here for the laughs, honey. Here for the laughs😂😂
Your analysis sucks the big Casuga. Yes auto insurance increased once, rent increased once but in both cases the consumer has to pay those higher prices each and every month. My auto insurance increased 60% in December, and I have to pay that enormous price increase forever. My rent nearly doubled and it's impact is forever. Also a wage increase of 4.5% is one off while the increase in prices is each and every month so it doesn't take long for the accumulated impact of inflation to overwhelm that one off increase in wages. Bottom line, aggregate data does not reflect income disparity and more so, they distort the true picture.
If Trump was president now the media would be cheering on the economy and how important it was to amend constitution to allow him a third term.
Why do Dems always have to lie?
What Planet is he living on?😮
Imagine getting mad at companies for giving you less product for your money because the money is worth less due to the fact that you printed more money in the last five years than in the previous forty.
Bidenflation
INFLATION
January 2021 - 3%
April 2024 - 9%
The high was 17% 2022
But "We're living in a historical economy!"...
Historical, but not in a positive way.
Actually, and quite factually inflation was 1.4% in January of 2021.
But "it's trans-itory"..sooo der dat🍿🇺🇸
@rwi-uncommonlysensical
I spent quite a while trying to find accurate data of inflation in the United States.
Inflation will regularly occur anyway.
3-4% is typical.
8-10% is bad.
But 17% is a disaster for any presidential administration.
We haven't seen that kind of inflation since 1982.
The US government is lying about its own statistics.
Stock market analysts are usually the only accurate reporters about these stats.
Completely in agreement, although the "fact check" of Binbriben's latest whopper of a lie (9% 1/21/2021 @11:47Am..cough) has been "fact check" by CCN, and given "4 pinocchios" (a whopper), by the NY Post, and more credibly by Charles Paine, and numerous other actual business analyst/business owners, and investors. Such as Kevin O'Leary for instance..at reaching closer to 30%, under HIS admin, and being 1.4% upon "entry".
Right now, today, I myself have verified, & recorded (receipts), of 100% markups on numerous goods n services.
I'm paying 19.6% more for home/auto insurance(s).
20.8% more in realestate taxes.
74% increase in electricity.
22.7% increase in health insurance plans with minimal dental.
A 302% (since 2019) in fuel costs.
48% in NGL costs
And my most favorite of all..an *average* of 50% markup of groceries.
I'm tooootally *"oK"* with Binbriben-omics although...and will tooootally be voting bLoo🚫🍿🇺🇸
🇺🇸🇺🇸cough...ahem🇺🇸🇺🇸
@@TheErik249
Oh...hey, did I mention some, of those 100% markups have been of goods purchased by monthly..and the markup period being *SIX FRIGGEN MONTHS* 😳🤬
Sorry...yelling, coughcoughcough.
🇺🇸45-47🇺🇸 (Hyphens Matter)
Paul Harvey..good Day!
I sure miss cheap gas and mean tweets. 😥
That is so homophobic and/or racist!😂
FJB + Bidenomics
Hello Mika.👋🐤🐇.
Me to Mika: Yes. He lacks discipline.😠.
MSNBC propaganda!
Young people should buy a bicycle to get to work
💙💙💙💙💙💙🇺🇸🇺🇸🇺🇸
Ratner why don't you repeat the lie that Brandon's been telling about the inflation he inherited
Anything on Bob Costellos testimony on capitol hill about Cohens lies?
He needs to testify at Trump's trial. I cant imagine Trump's lawyers wouldnt subpoena him.