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re: Zillow report illuminates how bad things have gotten under Biden.

Posted on 3/17/24 at 3:36 am to
Posted by ChineseBandit58
Pearland, TX
Member since Aug 2005
42830 posts
Posted on 3/17/24 at 3:36 am to
quote:

Groceries aren’t tied to inflation numbers.

I keep hearing that - why is it not ??

Seems to me the price of basic food would be perhaps the primary indicator of inflation.
Posted by tgerb8
Huntsvegas
Member since Aug 2007
6000 posts
Posted on 3/17/24 at 4:23 am to
quote:

I keep hearing that - why is it not ??


because if the govt went by numbers that made sense they'd have to report that the economy is NOT doing great.

but by disjoining food, energy, and housing from inflationary indicators they get to basically make up whatever story they want..
Posted by DMAN1968
Member since Apr 2019
10151 posts
Posted on 3/17/24 at 5:48 am to
quote:

I keep hearing that - why is it not ??

The government excuse being "those are too volatile so we take those out".

The average person doesn't understand it anyway so they get away with it.
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