Article

2022-02-22 Economy

Consumer price index (USA) for all URBAN consumers.

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Posted by 3dc 2022-02-22 00:00|| || Front Page|| [5 views ] Top

#1 Kamala Harris Warns Americans of Higher Energy Costs if Russia Invades Ukraine

Posted by Skidmark 2022-02-22 12:10|| 2022-02-22 12:10|| Front Page Top

#2 This is why we need wage and price controls, before the price of gas AND the minimum wage go to infinity. Maybe they will work this time. Unlike all the other times when they just *bleep*ed up the economy even more. But we have to do *something*, right?

Posted by SteveS 2022-02-22 12:27|| 2022-02-22 12:27|| Front Page Top

#3 Obviously the fault of beef producers and car salesmen.

Posted by swksvolFF 2022-02-22 13:44|| 2022-02-22 13:44|| Front Page Top

#4 Greedy white people buying too much stuff...

/sarc

Posted by M. Murcek 2022-02-22 13:46|| 2022-02-22 13:46|| Front Page Top

#5 That was actually one of the lines, something like, "The reason the shelves are empty and the prices are up is because the economy is doing so well people are buying, buying, and buying."

Went to a Big Sandwich store the other day, the one which used to sell you a lot of sandwich for $5, did double meat and cheese, $12, and only had as much meat and cheese as normal back in the $ day.

Only customer, walk in, dude repeated my request to me and the cashier, and wasn't a dullard, so distracted/forgot to double up is very unlikely.

My take, they did all the shrinkflation they could absorb and still make a sandwich with a straight face, and the price is up about 20% from the last time I ate there.

Posted by swksvolFF 2022-02-22 14:00|| 2022-02-22 14:00|| Front Page Top

#6 Inflation is rising faster than wages. The only people "doing really well" in this economy are the usual suspect lamprey types.

Posted by M. Murcek 2022-02-22 14:14|| 2022-02-22 14:14|| Front Page Top

#7 you can notice that the cost inflation was much higher than wage growth in the 75 and 80 period

also that in the Trump years 2018-2020 wage growth was significantly higher

Posted by Lord Garth 2022-02-22 16:47|| 2022-02-22 16:47|| Front Page Top

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