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[quote=Anonymous][quote=Anonymous][quote=Anonymous] 
+1. Look at the news, folks [/quote]

-1. Look at the facts, folks.

[quote=Anonymous]   -- inflation is still crazy [/quote]

The United States inflation rate? The United States... of America?

U.S. Bureau of Labor Statistics:

[img]https://i.ibb.co/cTnJ9x0/Screenshot-2024-04-29-101210.png[/img]

Not "still crazy". Not great... but definitely not "still crazy".

[quote]and we went from people predicting six rate cuts this year to people saying maybe we'll see a rate cut in March 2025. Just to repeat, from six to zero this year. Two years from now, people will probably be bragging about their 7% rates when we've gotten above 10%.[/quote]

Have you considered getting your information from reputable sources rather than entertainment programs designed to provoke emotion? [/quote]

When I see posts like yours I wonder if it's some kind of Biden Administration "disinformation SWAT" team deployed to combat online messaging that isn't favoring Biden.  :roll: There is something too familiar and persistent in your message style. Someone took the time and effort to neatly frame it by dissembling the items one by one to spin them differently.

Inflation may have come down but what you blatantly ignore:

1) most people are getting year to year COLA increases *below* inflation. Again. And again. I work for a major F200 and everyone received a 2.5% increase. Which is below inflation. And the same happened last year. And the year before that. The cumulative effect is that most people's *real income* has declined.

2) inflation is still much higher even with the come down compared to pre 2020 when it barely increased year to year. We had *real income gains* in the teens pre COVID and Biden.

3) official inflation statistics *do not include rent and food*. Which is a lulz moment. Housing is vastly more expensive now than it was in 2019. Monthly expenditures on housing and food is highest it's ever been and that's with real income declines.

4) last but not least, in your "disinformation" post you blatantly ignore (your own misinformation, eh!) that we were expecting up to six rate cuts this year and now that is most definitely not happening. This is serious.

There you have it in a nutshell.

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