re: Consumer prices rose 3% in January compared to a year ago

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There will be some pain and suffering for everyone as we try to navigate our way out of this.

There is no easy way.

Ive been telling everyone for years to save money pay off debts etc. There are tough times coming.

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Exactly

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Now you shitlibs want to talk about inflation.

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I think they just want to point out that the guy claiming he would fix everything day one has done absolutely nothing.

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I remember a recent time where we were told it wasn’t even real.

No you don't, because that never happened.

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What scaremongering about inflation gets wrong
Inflation isn’t inexorably a bad thing. In fact, it used to be considered good.

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Washington Post

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Economists explain why Americans feel inflation, economy are much, much worse than they actually are

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Harvard Gazette

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Inflation Isn’t So Bad? Don’t Buy It

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The Heritage Foundation

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The problem isn’t inflation. It’s prices.

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Vox

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Why the Inflation Rate Isn’t as Bad as You Think

Despite the right-wing panic, prices only rose by 0.5 percent in recent months—equivalent to an annual rate of about 2 percent.

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The Progressive

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Joe wouldn't get the benefit of the "bird flu" here it would be 100 on him.

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who would he not get said benefit of the “bird flu” from? surely you aren’t about to tell us the MSM would question/criticize Biden….on anything

(pre-August 2024)

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we were told it wasn’t even real.

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First link:

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Inflation isn’t inexorably a bad thing

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So they say it's real, just not bad.

Second link:

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Americans feel inflation, economy are much, much worse than they actually are

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So it's real, just not as bad as people think.

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Inflation Isn’t So Bad? Don’t Buy It

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It's real, and it's worse than you think.

Fourth link:

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The problem isn’t inflation. It’s prices.

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lol

Fifth link:

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Why the Inflation Rate Isn’t as Bad as You Think

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It's real, but not as bad as you think.

Every single link acknowledges that this inflation is real.

And if those are your go-to news sources, find new ones.

Once the economy cools off and we get into the recession prices will drop. Isn’t that the plan here?

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Looks like we’ve culled close to 40% of the laying hens in the country.

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So whether it was actual bird flu or an overreaction, it's clear that the writer of the article doesn't know what the word "decimate" means.

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Do people really not understand anything about inflation?

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no, b/c they were lied to and told that prices WOULD come down once a certain person was in office, and not only that they WOULD drop, but they'd drop quickly...

and they ate that shite up wholeheartedly.... anyone with any sense knew this was patently false, that NO ONE can just command prices to drop by just trying to speak it into existence, but here we are...

so much winning...

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Bro, Janet Yellen straight up said inflation was a “small risk”. They tried to down play it for as long as they could.

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of course they did...and i can understand why, but to insinuate that it wasn't being viewed as a thing, again, is intellectually dishonest...

another poster already showed how all of the conservative leaning sources already proved that it was on the radar and acknowledged, even if it was being downplayed or even being spun...

look, i'm firmly in the middle as far as politics go... some stuff i do lean more liberal, some stuff i do lean more conservative, b/c like i said before, neither of them have it all figured out, but both sides were talking about inflation for quite a while now, with both having their flavor of "inflation" and how to go about talking about it

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Egg prices, a closely watched symbol of rising costs, soared 53% in January compared to a year ago. An avian flu has decimated the egg supply, lifting prices higher.

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I keep seeing this sort of statement and agree that a lack of supply would raise the cost. However, I haven't seen a lack of supply anywhere in any size of egg. So it seems like the supply has not really been reduced and it doesn't seem like demand has decreased. Lots of people mention the cost of eggs, but still purchase them at a normal frequency. It seems like there would be an accompanying physical shortage of eggs on the shelf, but there's not.