https://www.cnbc.com/2024/04/10/cpi...-3point5percent-from-a-year-ago-in-march.html HYPERLINK has full article snip The consumer price index accelerated at a faster than expected pace in March, pushing inflation higher and likely dashing hopes that Federal Reserve will be able to cut interest rates anytime soon.......... The March report likely confirmed worries that inflation is stickier than expected............... end snip 3 straight months prices rose "more than expected" Also, if you scan articles out there, there is a constant mention of the election. Why should the election be a consideration with policy unless the objective is to help the Democrat party
Sooner or later the Fed is going to have to let the stock market ride the economic 'bicycle' on its own... because it's mostly been on "training wheels" ever since 2008! The Fed's balance sheet is nowhere remotely near what it should be, and our national debt-versus-GDP ratio is a whopping 123% AND RISING! Inflation is coming back strong, and the Fed sits on the sideline, not even bothering to take into its calculation things like the price of food, fuel, and houses! The stock market, of course, is chewing at the straps for lowered interest rates (more 'free money'), but that is exactly what we do NOT need right now! If anything, the Fed needs to raise interest rates another full point, at least. Better yet, it would be best if this Democrat-created central bank monstrosity could be abolished, but that won't happen.
The inflation rate is consistent with economic growth. GDP grew by 2.5% for Q1 2024. That's 65% stronger growth than under Trump.
feel free to share that good news with folks at the grocery store. Go on, feel free to tell them how great things are
Consumers simply need to be informed https://www.cbsnews.com/amp/news/food-prices-grocery-inflation-biden-economy/ The reason for inflation's stubborn hold on food prices can be linked to a number of issues, from higher labor costs at manufacturers that trickle down to consumers, to record-low cattle numbers that are driving up the cost of beef and steak. But some policy experts see other issues at work: Corporations, they claim, are increasing prices simply because they can. Would you care to tell others how your party has addressed these issues since being given the House — or have they spent the last 15 months digging through Hunter Biden in a desperate attempt to find anything to attack Joe with (they just announced the impeachment inquiry is pretty much dead) How will your party address these issues if given the White House?
If you are a conservative, then posts like this one are going to be great news for you. Most Americans see the economy as being pretty poor. The average American is paying twice as much for gas as they did when Biden took office. Grocery prices have skyrocketed. The cost of protein is astronomical and many Americans have changed their diets in order to accomodate the higher prices. More Americans are reluctant to make large purchases with such inflated prices. Most younger Americans cannot afford to purchase a home. And with all this, Joe Biden keeps whispering in that creepy voice, "Bidenomics; its working." The denial of the reality of the terrible economic policies is one of the reasons that the Democrats are helping elect Donald Trump. Out of touch elitism is never going to be a selling point, so keep it up Democrats, but please do not complain when Trump is re-elected with your help.
I don't give a damn about people's perceptions. Only the numbers matter. 9% of Americans believe the Earth is flat. Does that mean there's a 9% chance it's not round? By repeating a lie over and over again, you can make people believe absolutely anything. Trump proves it daily. If Biden wants a second term - and the chances of him getting one are excellent - he'll have to do a better job of explaining his economic record. Because, objectively speaking, his economic record is very positive. Salaries are rising faster than inflation. If what you say is true, American consumer spending would have decreased under Biden. But that's not the case, since GDP is growing more now than when Trump was in power. If memory serves, Trump was defeated in 2020, when it had been 40 years since a POTUS had been re-elected for a 2nd term.
Lots of people, corporations and markets are reacting to a potential Trump presidency leading to some uncertainty.
I cannot help you with what either party does, I am NPA Right now, it is a Democrat administration overseeing the train wreck and hurt felt by the folks
Consumers simply need to be informed https://www.cbsnews.com/amp/news/food-prices-grocery-inflation-biden-economy/ The reason for inflation's stubborn hold on food prices can be linked to a number of issues, from higher labor costs at manufacturers that trickle down to consumers, to record-low cattle numbers that are driving up the cost of beef and steak. But some policy experts see other issues at work: Corporations, they claim, are increasing prices simply because they can. Would you care to tell others how your party has addressed these issues since being given the House — or have they spent the last 15 months digging through Hunter Biden in a desperate attempt to find anything to attack Joe with (they just announced the impeachment inquiry is pretty much dead) All of this of course is ignoring that the US is doing better than any G7 nation on the inflation front. The US now produces more oil than any other time in our history and more than all other nations. How will your party address these issues if given the White House? Specific policy please. When your boy doesn’t get elected even in light of everything you believe will you do any reflection or will the response be the same as in 2018, 2020 and 2022?
