Really glad the president of the USA finally decided to pull the lower inflation lever in the oval office.
I look forward to all the Biden "I did this!" stickers lauding his administration for lowering inflation.
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.
Right! and now, amazing news! Our expenses are only growing at a rate of only 2.4%!! Hooray?!?
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?
Haters will say it’s because of the election coming up
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.
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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https://www.axios.com/2024/10/10/cpi-report-september-inflation-economy
