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re: US inflation vs rest of the world

Posted on 9/27/23 at 8:23 am to
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
467779 posts
Posted on 9/27/23 at 8:23 am to
quote:

You keep saying "but Trump, but Trump!" Around half of conservatives were against all of that, and would have supported Trump if he stood against it.

Yet they support him while he supported it, and then claim it was only the "other side" who supported it while TRUMP did.
Posted by LSUfanNkaty
LC, Louisiana
Member since Jan 2015
11944 posts
Posted on 9/27/23 at 8:25 am to
quote:

USA is in pretty good shape! Inflation coming down and much faster than most other countries.

Love to see it!


Posted by doubleb
Baton Rouge
Member since Aug 2006
41900 posts
Posted on 9/27/23 at 8:28 am to
quote:

USA is in pretty good shape! Inflation coming down and much faster than most other countries.


According to your graph it looks flat. I do not see a fast decline.
Posted by TrouserTrout
Member since Nov 2017
6425 posts
Posted on 9/27/23 at 8:46 am to
quote:

Well, you should
Why should I care about Europe and the rest of the world? I don’t live there.

America needs to stop giving those places our tax money, keep it here and take care of our own. Can’t wait until we have a president who puts Americans first.
Posted by Mo Jeaux
Member since Aug 2008
62615 posts
Posted on 9/27/23 at 8:47 am to
quote:

Why should I care about Europe and the rest of the world? I don’t live there.


Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
136430 posts
Posted on 9/27/23 at 8:49 am to
You have no idea what inflation is, do you?
Posted by Big_Sur
Member since Nov 2012
1173 posts
Posted on 9/27/23 at 8:49 am to
quote:

Why should I care about Europe and the rest of the world? I don’t live there.


Posted by SlidellCajun
Slidell la
Member since May 2019
16100 posts
Posted on 9/27/23 at 8:55 am to
We never got whacked like some other European countries yet you’d think ours was the worst on the planet
Posted by Azkiger
Member since Nov 2016
27032 posts
Posted on 9/27/23 at 8:55 am to
quote:

Yet they support him while he supported it


Because most people aren't single-issue voters, and the alternative was Hillary who would have done the exact same thing anyways.
Posted by TrouserTrout
Member since Nov 2017
6425 posts
Posted on 9/27/23 at 8:56 am to
Not getting your reaction.

Imagine what Europes inflation would be if they had to fund their own military and the Ukraine war instead of depending on America. They are nothing but a shitty child who never gets off mom and dads tit.
Posted by Mushroom1968
Shreveport
Member since Jun 2023
5365 posts
Posted on 9/27/23 at 8:56 am to
quote:

Yet they support him while he supported it, and then claim it was only the "other side" who supported it while TRUMP did.


I think it's just that white liberals love throwing Trump's name and blame for the Covid spending stimulus but they never mention the D led congress who pushed it. Also, there were a lot of Trump supporters against the stimulus. Bottom line is, we shouldn't have shut anything down at all.
Posted by Lsupimp
Ersatz Amerika-97.6% phony & fake
Member since Nov 2003
85542 posts
Posted on 9/27/23 at 8:57 am to
Trumps money policies were the worst of any Republican president and only marginally better than Obama / Biden. I give him a D- to their F. His tax policy was infinitely better. He understood what generates economic activity and he improved our standard of living.

That said, the assumptions of Trump and Biden are completely different. Trumps policies elsewhere were unapologetically aspirational. The Democrats, combining money policy with interventionism/mass illegal immigration/ contempt for law enforcement/ Leftist urban ideology posing as policy etc are Declinist cheerleaders. I’ll happily take the incompetent planners on The Right over the ideologically- possessed anti- Americans on The Left.

Trading American traditions, principles and ideals for the monotone rhythms of Federal Reserve/ monetary policy primacy; Our Faustian bargain.
Posted by White Bear
Deer-Thirty
Member since Jul 2014
17277 posts
Posted on 9/27/23 at 8:57 am to
quote:

Its factually wrong. I posted a link at the bottom of the last page showing that if you include food and energy, the inflation rate is lower year over year.
What about the average 8% inflation from 2022, 4.7% from 2021. Inflation doesn’t reset when the gov prints a new CPI baw.
Posted by Pfft
Member since Jul 2014
4866 posts
Posted on 9/27/23 at 9:06 am to
Now do 2019 to 2023, and included everything people consume on a regular basis. No cherry picking
Homes
Autos
Insurance
Food
Utilities
Fuel
Then add in property and sales tax rate increases for good measure.
Posted by Pfft
Member since Jul 2014
4866 posts
Posted on 9/27/23 at 9:08 am to
quote:

As of March 2023, the average price of a new car is $48,008, according to Kelley Blue Book.
Although the current average transaction price decreased by 3% from December 2022 to March 2023, it's still 27.8% higher than pre-pandemic prices.
Posted by Sev09
Nantucket
Member since Feb 2011
15807 posts
Posted on 9/27/23 at 9:08 am to
quote:

This gets amplified when the -other team- is occupying the White House.

Were you in a coma from 2016-2020?
Posted by ell_13
Member since Apr 2013
87208 posts
Posted on 9/27/23 at 9:12 am to
quote:

This is one of those things where people with apocalypse fetishes proclaim the death of the dollar because of our inflation/printing and ignore literally everywhere else in the world. And someone can correct me, but the only reason Japan is lower than us is because they've been in a severe deflationary cycle for like 20 years, so I imagine their delta is bigger than our delta, too, but they started from a really low position.
Tell me you didn’t look at the graph values without telling me.
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
76373 posts
Posted on 9/27/23 at 9:15 am to
I'm not sure what this graph is showing. Is it saying 4% per month, or is it arguing YTD 4% or 365 TD 4%?
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
76373 posts
Posted on 9/27/23 at 9:18 am to
quote:

I posted a link at the bottom of the last page showing that if you include food and energy, the inflation rate is lower year over year.


Maybe ITD but anyone doing any sort of food shopping can see prices have skyrocketed.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
467779 posts
Posted on 9/27/23 at 9:21 am to
quote:

His tax policy was infinitely better.

It also wasn't his policy and was the GOPE's

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