Sunday, August 18, 2024

Inflation for Dummies

That 2.9% announced a few days ago and the dems are all, "It's below the predicted 3%! It's coming under control. Cut interest rates before the election!"

Econ 101 - inflation is cumulative. Here's a simple explanation using the last four years of inflation numbers:

  • I used to weigh 200.

    In 2020 I gained 2.8 lbs (1.4% gain)
    In 2021 I gained 14.2 lbs (7% gain)
    In 2022 I gained 14.1 lbs (6.5% gain)
    In 2023 I gained 7.9 lbs (3.4% gain)
    This year I only gained 5.9 lbs (2.9% gain)

    So my weight gain is down. But now I weigh 245? The percentage compounds on the previous increases. That's why they use year-over-year rates to be able to completely gaslight about the previous years.
Or you could just look at your receipts from the grocery store instead of listening to democrats.

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22 Comments:

Anonymous Anonymous said...

Most people still won’t understand it. The schools are dumbing them down so the can easily be controlled. Just as long as they have their weed and free stuff they are good! So sad!

8/18/2024 12:22:00 AM  
Anonymous Anonymous said...

You know what prices are down? Airfare. The other day an administration apparatchik was prattling on about how during the Biden administration, airfares have consistently dropped.

Fabulous. Now I can fly somewhere, but I can't afford to stay in a hotel or enjoy some fine family vacation dining at the local Golden Arches.

These people aren't in touch with reality.

8/18/2024 12:50:00 AM  
Anonymous Anonymous said...

So there's an inflationary decrease in the increase? Where have I heard this before?

8/18/2024 12:52:00 AM  
Anonymous Anonymous said...

what a great example

8/18/2024 01:19:00 AM  
Anonymous Anonymous said...

Liberals will say that Bidenomics is working. Biden/Harris have created historically high number of jobs. Don’t believe me, ask the White House press secretary.

8/18/2024 01:45:00 AM  
Anonymous Anonymous said...

From 2019 to today?
I’d kiss Kumswala if my grocery/fuel/utility bills were only up 22.5%
Try 50%, 100% and 200% respectively.

8/18/2024 03:18:00 AM  
Anonymous Anonymous said...

democraps are too stupid to understand the logic

8/18/2024 04:45:00 AM  
Anonymous Anonymous said...

Interesting how "election central" on a radio station with Soros money (780 106.9) has all lefties in interview and all the guests skirted CRIME!

8/18/2024 06:26:00 AM  
Anonymous Anonymous said...

Not being an economist but when the dollar store goes from a buck to a buck and a quarter that is not 3% inflation.

8/18/2024 07:24:00 AM  
Anonymous Anonymous said...

Lay off the carbs

8/18/2024 07:55:00 AM  
Anonymous Anonymous said...

Also note that if they cannot show inflation down over the current month vs pervious month then you switch to the year over year numbers and when that doesn't work you cherry pick the year to compare to in order to get the results so it can be said look we're "x"% down from the peak. Even though the numbers are still getting worse

8/18/2024 07:55:00 AM  
Blogger Mr. SouthSide said...

All Democrats failed Econ 101.

8/18/2024 08:09:00 AM  
Anonymous Anonymous said...

Oh yeah, and crime is down also

8/18/2024 09:21:00 AM  
Anonymous Anonymous said...

Solid example. Also, me too lol… walking more and drinking more water has worked oddly more than expected.

8/18/2024 10:09:00 AM  
Anonymous Anonymous said...

it's inflation of everything, not specifically grocery/fuel/utility, but yes, certain categories are outpacing Bidenflation / Kamaflation massively

8/18/2024 10:22:00 AM  
Blogger Refugee said...

I just watched Don Lemon asking people on the street who they were going to vote for. When everyone said Trump, because of the economy, Lemon would say, “ are you aware that the economy is better under Biden”?. People called “bullshit” to his face.

8/18/2024 10:26:00 AM  
Anonymous Anonymous said...

There’s always taxpayer bailouts for the airlines.

8/18/2024 10:52:00 AM  
Anonymous Anonymous said...

Let's talk about climate change....and what WE can do to help.

8/18/2024 11:30:00 AM  
Anonymous Anonymous said...

Look man, you're just fat. Admitting is it is the first step to recovery. Don't try to blame politicians or inflation for the fact that you scarf down too much junk food. Even though Ding Dongs are tasty, I will admit.

8/18/2024 11:49:00 AM  
Blogger John D said...

People who vote Democrat are too stupid to understand the math.

8/18/2024 12:47:00 PM  
Anonymous Anonymous said...

Explain this to the “be the change” officers who can’t figure out why Kamala will be bad for the economy. I wanted to slit my wrists talking to one who still blames Trump for this economy 4 years later.

8/18/2024 03:00:00 PM  
Anonymous Anonymous said...

That's Dumbocrats facing Repewblicans. Constitution? Nowhere to be found.

8/18/2024 04:38:00 PM  

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