😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡 https://t.co/ZHvfCXdEB9
— Catturd ™ (@catturd2) October 12, 2023
He's right! Paul Krugman is right, and it pains me to say that because he's usually wrong. I re-ran his numbers making a few more exclusions and it turns out inflation is actually 0%. https://t.co/2zK7bgUu1J pic.twitter.com/5PgixM0MkD
— Chris "Context Matters" Martenson, PhD (@chrismartenson) October 12, 2023
I love how the government tells me “inflation is over” yet groceries and gas still cost double what they did in 2021 and mortgage rates are above 8% for housing that has record high prices
Maybe don’t piss on our heads and tell us it’s raining?
Thanks
— DC_Draino (@DC_Draino) October 12, 2023
Increases over last 3 years…
CPI Medical Care: +4.6%
CPI Apparel: +11.8%
US Wages: +14.9%
CPI Shelter: +17.9%
CPI Food at home: +20.4%
CPI Food away from home: +21.0%
CPI New Cars: +22.3%
Actual Rents: +22.9%
CPI Electricity: +25.8%
CPI Used Cars: +29.1%
CPI Transportation:…— Charlie Bilello (@charliebilello) October 12, 2023
Krugman: ‘War On Inflation Over’, But Average American Is $7,400 Poorer, Real Wages Decline Again
Nobel Laureate Paul Krugman boldly declared the “war on inflation” won, with “very little cost,” a statement met with skepticism amidst the reality that the average American family is now $7,400 poorer than in January 2021. Contrasting his optimism, the palpable impacts of inflation and economic strategies under “Bidenomics” present a stark, financially-straining reality for many, suggesting that the alleged victory may indeed have come at a significant, albeit unevenly distributed, cost.