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YoY CPI falls to 8.5%, beating expectations

Posted on 8/10/22 at 7:47 am
Posted by joshnorris14
Florida
Member since Jan 2009
45194 posts
Posted on 8/10/22 at 7:47 am
Some rare good news in a sea of bad.
Posted by PetroAg
Member since Jun 2013
1273 posts
Posted on 8/10/22 at 7:47 am to
(no message)
This post was edited on 8/11/23 at 9:23 pm
Posted by MMauler
Member since Jun 2013
19216 posts
Posted on 8/10/22 at 7:52 am to
How many words and terms did they have to "redefine" to achieve this "great" result.
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123771 posts
Posted on 8/10/22 at 7:56 am to
quote:

CPI falls to 8.5%
....and heralded by PotatoBrain as a great "win".
Posted by TrouserTrout
Member since Nov 2017
6425 posts
Posted on 8/10/22 at 7:58 am to
8.5% is good news?
Posted by imjustafatkid
Alabama
Member since Dec 2011
50266 posts
Posted on 8/10/22 at 7:59 am to
It's so weird what we're calling "good" these days.
Posted by DellTronJon
Member since Feb 2010
1275 posts
Posted on 8/10/22 at 7:59 am to
How is 8.5% inflation good?
Posted by The Maj
Member since Sep 2016
27025 posts
Posted on 8/10/22 at 7:59 am to
quote:

8.5% is good news?



Well, it is better than 9.1%... Imagine if you will an administration being happy about 8.5% CPI...
Posted by joshnorris14
Florida
Member since Jan 2009
45194 posts
Posted on 8/10/22 at 8:02 am to
quote:

How is 8.5% inflation good?


Because last month it was over 9% and the expectation was that it would be 8.7%.

The bar is very low, but 8.5% is better than where we were at last month
Posted by GumboPot
Member since Mar 2009
118619 posts
Posted on 8/10/22 at 8:02 am to
8.5%?

This is a joke post, right?
Posted by ItNeverRains
37069
Member since Oct 2007
25386 posts
Posted on 8/10/22 at 8:02 am to
Being covered in shite is better than being set on fire.
Posted by BottomlandBrew
Member since Aug 2010
27058 posts
Posted on 8/10/22 at 8:03 am to
quote:

How is 8.5% inflation good?


It's not good, per se, but it's better than 9.1%. Whether it's believable is whole other argument..
Posted by FredBear
Georgia
Member since Aug 2017
14962 posts
Posted on 8/10/22 at 8:05 am to
The OP reminds of what Jack Nicklaus said after being asked what he thought of a 79 he shot in a tournament later in his career.

"Well, it's better than an 80"
Posted by moneyg
Member since Jun 2006
56343 posts
Posted on 8/10/22 at 8:05 am to
quote:

falls to 8.5%


Posted by UFMatt
Gator Nation - Everywhere
Member since Oct 2010
11424 posts
Posted on 8/10/22 at 8:06 am to
I don't trust a word that comes out of this regime's pie hole.
Posted by joshnorris14
Florida
Member since Jan 2009
45194 posts
Posted on 8/10/22 at 8:06 am to
Or akin to Cat 4 weakening to a Cat 3 as landfall approaches
Posted by OceanMan
Member since Mar 2010
19968 posts
Posted on 8/10/22 at 8:18 am to
How exactly is this good news? Because it best expectations?
Posted by Gaspergou202
Metairie, LA
Member since Jun 2016
13493 posts
Posted on 8/10/22 at 8:21 am to
And in a month the numbers will be reassessed upwards and the left biased fake news will put it on page 49 of the C section.

We’ve seen this a million times before!
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167075 posts
Posted on 8/10/22 at 8:21 am to
Celebrating 8.5% is like being happy that someone just stabbed you in the face instead of shooting you
Posted by Marquesa
Atlanta
Member since Nov 2020
1529 posts
Posted on 8/10/22 at 8:22 am to
This is not good and only will get worse if they Dems pass their spending bills.
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