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  3. Inflation

Inflation

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  • AxtremusA Offline
    AxtremusA Offline
    Axtremus
    wrote on last edited by
    #148

    https://www.bls.gov/cpi/latest-numbers.htm

    September 2022's CPI's headline number is +8.2%.

    1 Reply Last reply
    • JollyJ Jolly

      And another thought...The new guys at CNN swear they are going to become the middle ground in news reporting. Right now, they're losing viewers, but are hoping to turn things around as their reputation improves.

      I wish them well.

      MikM Offline
      MikM Offline
      Mik
      wrote on last edited by
      #149

      @Jolly said in Inflation:

      And another thought...The new guys at CNN swear they are going to become the middle ground in news reporting. Right now, they're losing viewers, but are hoping to turn things around as their reputation improves.

      I wish them well.

      But I suspect it will be done selectively. They have for years built a biased organization. That will not be turned around easily.

      Deep News.

      “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

      HoraceH 1 Reply Last reply
      • MikM Offline
        MikM Offline
        Mik
        wrote on last edited by
        #150

        As far as inflation, groceries are up between 25 and 50%.

        “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

        1 Reply Last reply
        • JollyJ Offline
          JollyJ Offline
          Jolly
          wrote on last edited by
          #151

          Vote Demonrat.

          “Cry havoc and let slip the DOGE of war!”

          Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

          1 Reply Last reply
          • MikM Mik

            @Jolly said in Inflation:

            And another thought...The new guys at CNN swear they are going to become the middle ground in news reporting. Right now, they're losing viewers, but are hoping to turn things around as their reputation improves.

            I wish them well.

            But I suspect it will be done selectively. They have for years built a biased organization. That will not be turned around easily.

            Deep News.

            HoraceH Online
            HoraceH Online
            Horace
            wrote on last edited by
            #152

            @Mik said in Inflation:

            @Jolly said in Inflation:

            And another thought...The new guys at CNN swear they are going to become the middle ground in news reporting. Right now, they're losing viewers, but are hoping to turn things around as their reputation improves.

            I wish them well.

            But I suspect it will be done selectively. They have for years built a biased organization. That will not be turned around easily.

            Deep News.

            The indoctrinated masses feel, deep in their feeliest feels, that Republicans are an existential threat. Not sure how that becomes negotiable. These people may be permanently lost and broken when it comes to political affiliation.

            Education is extremely important.

            1 Reply Last reply
            • MikM Offline
              MikM Offline
              Mik
              wrote on last edited by Mik
              #153

              Well, I watched the Ohio US senate and house for my district debates in full. In both cases the GOP candidate won out over the opponent with facts. Both Dems stood up there and lied through their teeth.

              “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

              1 Reply Last reply
              • George KG Offline
                George KG Offline
                George K
                wrote on last edited by
                #154

                "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                1 Reply Last reply
                • George KG Offline
                  George KG Offline
                  George K
                  wrote on last edited by
                  #155

                  Someone needs to DO something about this!

                  joe_biden_inflation_1978.jpg

                  "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                  The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                  1 Reply Last reply
                  • LuFins DadL Offline
                    LuFins DadL Offline
                    LuFins Dad
                    wrote on last edited by
                    #156

                    So we’re a year in to this with no sign of relief.

                    https://www.cnn.com/2022/10/13/business/fed-interest-rates-inflation-nightcap/index.html

                    Last year our September numbers showed a 5% -6% increase, this year it’s 8%-9%. So over 2 years it’s what? 15%-17% now that inflation is stacking on top of inflation?

                    The Brad

                    1 Reply Last reply
                    • MikM Offline
                      MikM Offline
                      Mik
                      wrote on last edited by
                      #157

                      It's transitory, they said.

                      Of course, transitory only means it won't stay where it was then. So it got worse.

                      “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

                      1 Reply Last reply
                      • LuFins DadL LuFins Dad

                        Remember the Farm Bureau’s .14 cent 4th of July?

                        They’re back…

                        https://www.fb.org/newsroom/farm-bureau-survey-shows-thanksgiving-dinner-cost-up-14

                        LuFins DadL Offline
                        LuFins DadL Offline
                        LuFins Dad
                        wrote on last edited by
                        #158

                        @LuFins-Dad said in Inflation:

                        Remember the Farm Bureau’s .14 cent 4th of July?

                        They’re back…

                        https://www.fb.org/newsroom/farm-bureau-survey-shows-thanksgiving-dinner-cost-up-14

                        Can’t wait to see this year’s number.

                        The Brad

                        George KG 1 Reply Last reply
                        • taiwan_girlT Offline
                          taiwan_girlT Offline
                          taiwan_girl
                          wrote on last edited by
                          #159

                          How is the inflation measured?

                          When they say that Sept was 8.2%, are they taking the month by month increase (or decrease) from the last 12 months and adding it together? So, a "rolling" 12 month average?

                          Or is it calculated differently?

                          LuFins DadL 1 Reply Last reply
                          • taiwan_girlT taiwan_girl

                            How is the inflation measured?

                            When they say that Sept was 8.2%, are they taking the month by month increase (or decrease) from the last 12 months and adding it together? So, a "rolling" 12 month average?

                            Or is it calculated differently?

                            LuFins DadL Offline
                            LuFins DadL Offline
                            LuFins Dad
                            wrote on last edited by
                            #160

                            @taiwan_girl they take the index for last September and compare it for this September and calculate the percentage increase/decrease.

                            The Brad

                            taiwan_girlT George KG 2 Replies Last reply
                            • LuFins DadL LuFins Dad

                              @taiwan_girl they take the index for last September and compare it for this September and calculate the percentage increase/decrease.

                              taiwan_girlT Offline
                              taiwan_girlT Offline
                              taiwan_girl
                              wrote on last edited by
                              #161

                              @LuFins-Dad Thanks!!!

                              1 Reply Last reply
                              • LuFins DadL LuFins Dad

                                @taiwan_girl they take the index for last September and compare it for this September and calculate the percentage increase/decrease.

                                George KG Offline
                                George KG Offline
                                George K
                                wrote on last edited by
                                #162

                                @LuFins-Dad said in Inflation:

                                @taiwan_girl they take the index for last September and compare it for this September and calculate the percentage increase/decrease.

                                Unless you're POTUS, or the Speaker of the House, in which case you look at the July index and compare it to the June index and, because it's 8.2% in both, you say "Inflation is zero."

                                Biden, Aug. 10: Before I begin today, I want to say a word about the news that came out today relative to the economy. Actually, I just want to say a number: zero. Today, we received news that our economy had 0% inflation in the month of July. Zero percent.

                                Pelosi said at an Aug. 12 press conference: “As you see, inflation was zero for the past month, zero increase.”

                                "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                                The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                                Doctor PhibesD LuFins DadL 2 Replies Last reply
                                • George KG George K

                                  @LuFins-Dad said in Inflation:

                                  @taiwan_girl they take the index for last September and compare it for this September and calculate the percentage increase/decrease.

                                  Unless you're POTUS, or the Speaker of the House, in which case you look at the July index and compare it to the June index and, because it's 8.2% in both, you say "Inflation is zero."

                                  Biden, Aug. 10: Before I begin today, I want to say a word about the news that came out today relative to the economy. Actually, I just want to say a number: zero. Today, we received news that our economy had 0% inflation in the month of July. Zero percent.

                                  Pelosi said at an Aug. 12 press conference: “As you see, inflation was zero for the past month, zero increase.”

                                  Doctor PhibesD Offline
                                  Doctor PhibesD Offline
                                  Doctor Phibes
                                  wrote on last edited by
                                  #163

                                  @George-K said in Inflation:

                                  @LuFins-Dad said in Inflation:

                                  @taiwan_girl they take the index for last September and compare it for this September and calculate the percentage increase/decrease.

                                  Unless you're POTUS, or the Speaker of the House, in which case you look at the July index and compare it to the June index and, because it's 8.2% in both, you say "Inflation is zero."

                                  Biden, Aug. 10: Before I begin today, I want to say a word about the news that came out today relative to the economy. Actually, I just want to say a number: zero. Today, we received news that our economy had 0% inflation in the month of July. Zero percent.

                                  Pelosi said at an Aug. 12 press conference: “As you see, inflation was zero for the past month, zero increase.”

                                  That would be hilarious if it wasn't so sad.

                                  I was only joking

                                  1 Reply Last reply
                                  • George KG George K

                                    @LuFins-Dad said in Inflation:

                                    @taiwan_girl they take the index for last September and compare it for this September and calculate the percentage increase/decrease.

                                    Unless you're POTUS, or the Speaker of the House, in which case you look at the July index and compare it to the June index and, because it's 8.2% in both, you say "Inflation is zero."

                                    Biden, Aug. 10: Before I begin today, I want to say a word about the news that came out today relative to the economy. Actually, I just want to say a number: zero. Today, we received news that our economy had 0% inflation in the month of July. Zero percent.

                                    Pelosi said at an Aug. 12 press conference: “As you see, inflation was zero for the past month, zero increase.”

                                    LuFins DadL Offline
                                    LuFins DadL Offline
                                    LuFins Dad
                                    wrote on last edited by
                                    #164

                                    @George-K said in Inflation:

                                    @LuFins-Dad said in Inflation:

                                    @taiwan_girl they take the index for last September and compare it for this September and calculate the percentage increase/decrease.

                                    Unless you're POTUS, or the Speaker of the House, in which case you look at the July index and compare it to the June index and, because it's 8.2% in both, you say "Inflation is zero."

                                    Biden, Aug. 10: Before I begin today, I want to say a word about the news that came out today relative to the economy. Actually, I just want to say a number: zero. Today, we received news that our economy had 0% inflation in the month of July. Zero percent.

                                    Pelosi said at an Aug. 12 press conference: “As you see, inflation was zero for the past month, zero increase.”

                                    July of 2021 had a lower CPI than September of 2021. Finding the actual CPI numbers goes beyond my simple Googlefu but I know that 8.2% increase ~5.5% is greater than 8.2% over 4.2%…

                                    The Brad

                                    Doctor PhibesD 1 Reply Last reply
                                    • LuFins DadL LuFins Dad

                                      @George-K said in Inflation:

                                      @LuFins-Dad said in Inflation:

                                      @taiwan_girl they take the index for last September and compare it for this September and calculate the percentage increase/decrease.

                                      Unless you're POTUS, or the Speaker of the House, in which case you look at the July index and compare it to the June index and, because it's 8.2% in both, you say "Inflation is zero."

                                      Biden, Aug. 10: Before I begin today, I want to say a word about the news that came out today relative to the economy. Actually, I just want to say a number: zero. Today, we received news that our economy had 0% inflation in the month of July. Zero percent.

                                      Pelosi said at an Aug. 12 press conference: “As you see, inflation was zero for the past month, zero increase.”

                                      July of 2021 had a lower CPI than September of 2021. Finding the actual CPI numbers goes beyond my simple Googlefu but I know that 8.2% increase ~5.5% is greater than 8.2% over 4.2%…

                                      Doctor PhibesD Offline
                                      Doctor PhibesD Offline
                                      Doctor Phibes
                                      wrote on last edited by
                                      #165

                                      Biden and Pelosi seem to be unaware of the difference between an increase and an increase in rate of change.

                                      I was only joking

                                      HoraceH 1 Reply Last reply
                                      • Doctor PhibesD Doctor Phibes

                                        Biden and Pelosi seem to be unaware of the difference between an increase and an increase in rate of change.

                                        HoraceH Online
                                        HoraceH Online
                                        Horace
                                        wrote on last edited by
                                        #166

                                        @Doctor-Phibes said in Inflation:

                                        Biden and Pelosi seem to be unaware of the difference between an increase and an increase in rate of change.

                                        I suspect they are dumbing down the messaging so that people with circa 5th percentile critical thing skills will buy this story that makes their party look competent.

                                        Education is extremely important.

                                        1 Reply Last reply
                                        • jon-nycJ Offline
                                          jon-nycJ Offline
                                          jon-nyc
                                          wrote on last edited by
                                          #167

                                          It occurred to me that Herschel Walker's $700 check to his mistress for an abortion could actually help Republicans because it reminds Americans how much the price of an abortion has gone up.

                                          Only non-witches get due process.

                                          • Cotton Mather, Salem Massachusetts, 1692
                                          Doctor PhibesD 1 Reply Last reply
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