Wholesale inflation jumps to highest level since April 2023

submitted by P-38lightning from (foxbusiness.com)

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[–]GuyWhite 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (14 children)

Thanks Joe!

And just wait a month when they readjust the final figure even higher.

[–]YoMamma 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (13 children)

Yeah - thanks Joe!

US inflation has dropped consistently since 2021/22, due to invements in the 99%.

https://tradingeconomics.com/united-states/inflation-cpi

https://www.statista.com/statistics/273418/unadjusted-monthly-inflation-rate-in-the-us/

https://www.usinflationcalculator.com/inflation/current-inflation-rates/

Fox misinformation and /u/P-38lightning are trying too hard to find a different inflation statistic, though it's irrelevant.

[–]GuyWhite 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (12 children)

Who do you think you are fooling? The folks that go to grocery stores? No amount of your propaganda will erase the memories of folks who are struggling to put food on the table due to high prices

[–]YoMamma 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (11 children)

Another false equivalence. (Inflation in one sector does not represent inflation in general.)

[–]GuyWhite 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (10 children)

Call it whatever you want. Hungry folks are still hungry and tired of struggling to make ends meet. Joe’s gonna pay.

[–]YoMamma 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (9 children)

So you'll appreciate that the reason they're hungry is because of the lie of "trickle-down economics" since the time of Reagan. $10 trillion in tax cuts for the wealthy during the Trump admin NEVER trickled down, nor did any of the other tax cuts. I recall getting a few hundred and other small amounts on occasion from Republican tax cuts under several presidents since the 1980s, but never needed it. Meanwhile the money borrowed from China for those tax cuts increased into the trillions, and we're still paying that down. Investment in the economy is necessary, not tax cuts. That's what's happened in recent years, and the inflation rate in the US has dropped because of it. Republicans under the Trump admin saddled the US with over $10 trillion in debt and a massive inflation. Only insane voters assume that Trump will not bring back that same 'trickle down' theft and corruption.

[–]GuyWhite 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (8 children)

Nice try. Trying to blame presidents from decades ago. Joe Biden has been the president for over three years. His excessive spending caused the inflation.

Since senile Joe has been in power the last 3 years, it’s been up to him to fix all those terrible ills you described in the propaganda above. He hasn’t. Which is a good reason for you to vote for Bobby Kennedy.

[–]YoMamma 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (7 children)

Seems you don't want to know about the statistics of dropping US inflation I provided earlier: https://saidit.net/s/news/comments/cjkt/wholesale_inflation_jumps_to_highest_level_since/15srb

[–]GuyWhite 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (6 children)

I know the price I paid for gasoline when Trump left office was $2.13 per gallon. The price today is $3.10 per gallon.

That’s a 46% increase. That’s what I and the rest of Americans know about inflation.

[–]YoMamma 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (5 children)

Again (and again and again), you're comparing one number to the entire US economy. You probably know there's no comparison, but perhaps you don't care. I don't know why anyone would believe in obvious lies, but this seems to be pupular since the election of Trump.