Longest federal government shutdown meant data was only collected for second half of November
US prices rose 2.7% in the year to November, according to federal data released a day after Donald Trump claimed they were falling “very fast” on his watch.
The latest consumer price index, released on Wednesday morning, was down from 3% in September, and short of economists’ expectations of about 3.1% for last month.
It comes amid questions over the strength of the US economy. The longest US federal government shutdown in history halted collection of key data. There was no inflation report for October, and data was only collected for the second half of November.
The party told you to reject the evidence of your eyes and ears. It was their final, most essential command.
US prices rose 2.7% in the year to November, according to federal data
That seems fairly mild as inflation statistics go. Like, nevermind Trump being full of shit, I was under the impression cost of living was rising much faster.
Given how the BLS operates, I’m forced to ask whether these figures are even accurate.
Food has definitely gone up more than 2.7%. Around me at least.
Some food more than others, certainly. Beef has been skyrocketing, thanks to the combination drought, disease, and heat wave.
I haven’t seen much change on staples like rice and beans, though. We figured out how to produce eggs at scale again. No idea how this plays into inflation statistics, though.
the rises in healthcare, housing, etc aren’t part of the inflation index.
Sure. But that’s a decades-old problem with much deeper roots than the current president.
There’s a bigger gulf between Trump and Romney than Romney and Obama. Ds and Rs have largely been in alignment on housing and health care
Healthcare is very much a Trump problem, and some have seen doubling of the price in December of the health insurance.
Ds and Rs have largely been in alignment on […] health care
Tell me you never read the full plans for Obamacare without using those words.
The full plans didn’t pass the Democrat majority controlled House or Senate.
Max Baucus would be better attributed as the author of a "Obama"care, as it was his version of the bill that made it to a floor vote.
The full plans didn’t pass the Democrat majority controlled House or Senate.
As though jettisoning the public option wasn’t part of the plan.
It wasn’t in the whitepapers Obama is supposed to get credit for. But the compromises and the rug pulls are never in the fine print.
Inflation covers everything* but not everything has gone up in price.
- not literally everything but more than the essentials like groceries
They are also likely to be revised right?
Probably? Under this administration, idk anymore
Dond Trump told his supporters to reject the evidence of their own eyes and ears. It was his final, most essential command.
If only his supporters could read, they’d be very upset about this comparison.
Doesn’t matter. He said they’re falling and the idiots believe him. Remember, over half of Amerikkka’s population are complete fucking morons.
We are way overdue for wage growth
republicans and centrist democrats worked together to make sure that didn’t happen. And they will continue to do so for as long as possible.
Then those democrats and republicans need to go
Yeah, but that’s never happening. Democrats protect centrist incumbents and prefer republicans to progressives.
That will happen, and it needs to happen
It needs to happen, which is why it won’t.
It will happen, and it must
How will it happen?
“Trump Lies Again!” should be the headline. How safe the media is being while being raped by bored billionaires.
Well yeah. What do expect from him? The truth??? Thats communist propaganda
Another one to chalk up to how many failures of this emerging dictatorship, this fucking Iron Heel.
And the gazelles will slice their own faces off and throw them to the leopards, while bragging about their faceless visages being beautiful.
Claims are for liars.
