Economy Update


Inflation
2021 - 7%
2022 - 6.5%
2023 - 3.4%
2024 - 2.5%
Unemployment
4.1% (Full employment)
Comodities
Eggs - Height of Pandemic: 4.82/dozen , Now: 3.20/dozen
Milk - Height of Pandemic ,4.20/Gallon, Now 4.04/Gallon
Chicken Breast Height of Pandemic, 4.76/Pound, Now 3.95/Pound
Gas, Height of Pandemic 5.02, Now 3.20 a gallon
Dow Jones - Yesterday: 41,622 (All Time High) S&P: 5633.09 Near All Time high.
Looks like the scoreboard says Biden is doing a great job cleaning up Trump’s mess!
Comments
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Actually it doesn't say that
Faggot
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When was the height of the pandemic?
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I'd probably delete this post if I were you.
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So inflation is still rising even after the $1 trillion Iflation Reduction Act.
Thanks for the reminder.
Lots of people working two jobs now. You will be soon enough yourself, Spaz.
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prices are still rising (as they always have in the long run)
inflation is declining
words have meaning, Chrissy
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Inflation rose 2.5% from 2023 according to Spaz’s post. Take it up with him.
Maff is hard.
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inflation is 2.5%
inflation declined 26.4%
english is hard
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+2.5% from last year. So it rose, just at slower pace than 2022 to 2023.
Inflation falling would be a negative number, Copernicus.
Matt is hard.
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he's all yours, TugCons
and he's that dumb
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Inflation rose 2.5% year-to-year.
Where am I imcorrect?
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Citation needed.
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inflation is a rate of increase
the rate declined
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I tried to warn him to delete. Height of the pandemic (whatever that means) was during Biden's term on all the commodities Buck listed.
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Yeah, like I said, inflation is still rising. It’s almost 25% since Biden took over.
You really are retarded.
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Hey guys, please control your anger. I’m merely reporting what I see. Don’t tar and feather the messenger.
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and the elevator still cannot get to the top floor
i give up
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Buck this is the bogus analysis I see from lefty libs on this forum. The inflation rate that you have pulled is historically inaccurate as it doesnt factor in the farming production numbers of the midwest properly since its a key, but lagging, indicator of overhaul inflation and economic health. I am with @PurpleThrobber on this one get your facts straight on this awful economy!
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Cumulative price increases are +25%. He's technically right on his use of terms, but is using that to deflect from the 25% cumulative number which is what the working people understand in reality.
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What we learned
Biden Harris had the worst inflation since Carter and its still going up
You should give up
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I was only going by what Buck posted as data. By his numbers, the inflation index rose 2.5% over the year.
A rise in inflation is still inflation growth even if it’s a a slower rate.
This isn’t calculus.
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It’s a good thing the jobs market is strong and wage growth is keeping pace with inflation
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Technically it's price growth not inflation growth, but I understand what you are saying. He wants to have you fighting him on terms definitions and avoid the real issue which is huge price increases.
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That’s fine but the aggregate of inflation rising under Harris continues, which was my point.
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My data points for the price of consumer goods can be found here:
https://fred.stlouisfed.org/Let’s see which one of you are smart enough to navigate that site to pull up the numbers I pulled. (That immediately disqualifies EverettChris)
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See what a dumb animal EverettChris is? His reply here is a perfect example.
Again, I didn’t make these numbers up like Doog Bot, these are real numbers I’m merely reporting on it. Be mad at the US economy not me.
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Yes, the price numbers you quoted are real and they all skyrocketed under Biden (many months after he took office). You left that part out from your opening statement. Why was that?
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Thanks Bob, you mean I actually did my research and provided a source and then made the comment? What a concept! @doog_bot That’s how you do proper research not “oh I just shot from the hip”.
Before I respond to Bob I want an apology from anyone else who personally attacked me but turned out to be lying sacks of shit again. -
I know what he’s doing, he never gives a honest exchange the rare times he engages, but that has nothing to do with the data Spaz posted, if it’s accurate.
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lol, you purposely were vague about when the highest prices occurred and want apologies?
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I gave you guys the source so you could pull it for yourself and not accuse me of deceiving you.But you guys notice each time you question my numbers it comes from a real place and not made up like almost everyone on this board does? Weird.
Biden was hit with inflation due to the mismanagement of Covid and the resulting Supply Chain bottlenecks and fixed it. You’re welcome.