Inflation Cools, Showing Trump is Right and his Critics were WRONG AGAIN

[mrwebb8825]

On 3/12/2025 at 10:45 PM, BillyBid said:

 

So still higher than the average of the last 6 months under Biden.....which you MAGA morons have been complaining about here constantly....

Really?

 

Families Crushed as Biden’s Total Inflation Breaks 17%

"“Hardworking families are being crushed by President Biden’s inflation-inducing fiscal policies. Today, a family of four is paying $15,133 per year, or $1,261 per month, more to purchase the same goods and services compared to the day President Biden took office. Every day, they are being forced to choose between medicine or the rent, putting food on the table or gas in the car. The American people cannot afford this Administration’s failed economic agenda."

 

https://budget.house.gov/press-release/families-crushed-as-bidens-total-inflation-breaks-17

[placeholder]

8 minutes ago, mrwebb8825 said:

Really?

 

Families Crushed as Biden’s Total Inflation Breaks 17%

"“Hardworking families are being crushed by President Biden’s inflation-inducing fiscal policies. Today, a family of four is paying $15,133 per year, or $1,261 per month, more to purchase the same goods and services compared to the day President Biden took office. Every day, they are being forced to choose between medicine or the rent, putting food on the table or gas in the car. The American people cannot afford this Administration’s failed economic agenda."

 

https://budget.house.gov/press-release/families-crushed-as-bidens-total-inflation-breaks-17

Thank you for sharing with us that report from the Republican majority of House Budget Committe

For some reason, and I'm sure it was just an innocent oversight, they failed to mention how much incomes rose over that same period of time.

https://www.factcheck.org/2024/06/competing-narratives-on-real-wages-incomes-under-biden/

[mrwebb8825]

1 hour ago, placeholder said:

Thank you for sharing with us that report from the Republican majority of House Budget Committe

For some reason, and I'm sure it was just an innocent oversight, they failed to mention how much incomes rose over that same period of time.

https://www.factcheck.org/2024/06/competing-narratives-on-real-wages-incomes-under-biden/

The report I linked came from 2024 and Biden appointees. The REAL president didn't take office for about 6 months after the report. We're still searching for who was doing Biden's job for him via auto-pen.

From your link:

"Both Scott and Yellen can cite economic data that support their claims. The difference between the two claims is that Scott analyzed changes in inflation-adjusted wages and incomes since President Joe Biden entered office in 2021, whereas Yellen began her analysis in 2019, arguing that the pandemic distorted evaluations that began when Biden entered office."

 

So, Sen Scott is looking purely at Biden while Yellen is including 1/2 of President Trump's 1st term to prop-up her story.

Don't worry Placeholder, soon you'll have a place of your own at the grown-ups table. That whole "Read BEFORE Posting" takes some getting used to.

[placeholder]

1 minute ago, mrwebb8825 said:

The report I linked came from 2024 and Biden appointees. The REAL president didn't take office for about 6 months after the report. We're still searching for who was doing Biden's job for him via auto-pen.

From your link:

"Both Scott and Yellen can cite economic data that support their claims. The difference between the two claims is that Scott analyzed changes in inflation-adjusted wages and incomes since President Joe Biden entered office in 2021, whereas Yellen began her analysis in 2019, arguing that the pandemic distorted evaluations that began when Biden entered office."

 

So, Sen Scott is looking purely at Biden while Yellen is including 1/2 of President Trump's 1st term to prop-up her story.

Don't worry Placeholder, soon you'll have a place of your own at the grown-ups table. That whole "Read BEFORE Posting" takes some getting used to.

You're claiming that the 2024 report from the House Budget Committee came from Biden appointees? Do you have a clue as to which political party was in control of the House in 2024? It is to laugh. Here's a clue from the first sentence of that press release you linked to:

 

Today, House Budget Committee Chairman Jodey Arrington (R-TX) released the following statement after the Consumer Price Index (CPI) report for September stated inflation grew at a rate of 3.7 percent and cumulative inflation under President Biden grew to a staggering 17.1 percent: 

And you take me to task about reading when apparently you haven't even read the first sentence of what you linked to? Or do you still believe that Biden appointed Jody Arrington, a Republican? It is to laugh

And I was addressing the misleading claim that inflation rose 17.1 percent but didn't account for the rise in earnings that accompanied it.

[Cryingdick]

For the price of eggs people.....

 

https://abcnews.go.com/Business/national-average-wholesale-price-eggs-drops-3rd-week/story?id=119811721

[Cryingdick]

For the price of gas people......

 

 

https://gaspriceguy.substack.com/p/average-us-gas-prices-fall-to-lowest

[mrwebb8825]

2 hours ago, placeholder said:

You're claiming that the 2024 report from the House Budget Committee came from Biden appointees? Do you have a clue as to which political party was in control of the House in 2024? It is to laugh. Here's a clue from the first sentence of that press release you linked to:

 

Today, House Budget Committee Chairman Jodey Arrington (R-TX) released the following statement after the Consumer Price Index (CPI) report for September stated inflation grew at a rate of 3.7 percent and cumulative inflation under President Biden grew to a staggering 17.1 percent: 

And you take me to task about reading when apparently you haven't even read the first sentence of what you linked to? Or do you still believe that Biden appointed Jody Arrington, a Republican? It is to laugh

And I was addressing the misleading claim that inflation rose 17.1 percent but didn't account for the rise in earnings that accompanied it.

Yellen was a Biden appointee - he even signed over presidential power to her.

Yellen on Dec. 22, 2023: "Over nearly two years, our sanctions have significantly weakened the Russian economy and undermined the Kremlin’s war effort."

While in the real world:

10/28/21, 9:39 AM Biden lifts US sanctions on major Russian pipeline.

 

Your reference to "Control" in 2024 - the house was a 7 seat "R" majority (including 'rinos'), the senate was a 2 seat (and 4 "I" seats) for the "Ds". The Executive branch was "D" in name but really controlled by ... still being investigated.

"Can the House make laws without the Senate?

 

While both are equal in how they function, only the House can initiate tax and revenue-related legislation. And only the Senate can draft legislation related to presidential nominations and treaties."

 

So basically, the Dems have been in control from 2021-2025 (the 119th house of congress took their seats in Jan 2025