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I can’t afford this Trump economy

Meanwhile in reality.....

Inflation is down more than expected. Even negotiated wholesale prices for eggs “declined sharply”. It may not have been on day one, but eight weeks is pretty effing fast to address elevated food prices, inflation, and making substantive steps toward peace to Ukraine.

US inflation cooled in February​

Inflation slowed more than expected in February and cooled for the first time in four months, but that progress may be short lived as President Donald Trump ramps up his trade war, which threatens to increase prices for Americans.

The Consumer Price Index, which measures price changes across commonly purchased goods and services, was 2.8% for the 12 months ended in February, a cooldown from the 3% annual rate notched in January, according to data from the Bureau of Labor Statistics released Wednesday. On a monthly basis, prices rose 0.2%, versus 0.5% in January.

Economists were expecting inflation to slow for the month amid falling gas prices and continued disinflation in housing-related costs. FactSet consensus estimates called for prices to rise 0.3% from January and 2.9% annually.

US stocks rallied Wednesday after the report was released, bouncing back after three weeks of declines. The Dow gained 140 points, or 0.3%, the S&P 500 rose by 1.1% and the Nasdaq Composite was 1.9% higher.

February’s inflation numbers came in better than expected thanks in part to two big — and very welcome — reasons: Grocery prices were flat for the month and gas prices fell.

Egg inflation slows​

Consumers got some relief on the egg front as well.

Egg prices, which have soared because an ongoing bout of avian flu is ravaging the industry, rose 10.4% for the month, a cooler reading than the 15.2% increase logged in January. Still, egg prices remain high, up 58.8% from a year ago.

The US Department of Agriculture last week noted that negotiated wholesale prices for eggs “declined sharply” as outbreaks have slowed, providing some breathing room for unaffected producers to fill gaps in supply.


If we could solve shelter, everything would be fine inflation wise. It's a multi faceted, deep rooted problem in the country.
 
Was this here already? Every day this Nazi wastes fresh air is a lost chance.

I need to find a better article about that. Don't want to just post an article that makes people watch a video.
 
I find it interesting that dodge is finding fraud everywhere but all the many many many contracts dealing with Elon worth billions. I’m sure that’s just a coincidence though.
 
I find it interesting that dodge is finding fraud everywhere but all the many many many contracts dealing with Elon worth billions. I’m sure that’s just a coincidence though.
Not true. They did find a very sketchy contract to funnel $400 million to Tesla. It was huge news for about an hour before details emerged the contract was put in place by Joe Biden.


There is even a funny clip of Rachel Maddow apologizing to the viewers for blaming Trump.
 
I love how even Fox News is desperately trying to dissuade Donald from his asinine tariffs. This cultists on this website won’t notice, because they trust in the serial liar. But the rest of us can only lol.

Has barfaromo, Payne, and Gingrich suddenly become liberal?

We’ve seen a lot of it from Fox figures lately. Bartiromo, for instance, on Monday quoted the Organization for Economic Cooperation and Development saying “higher tariffs will slow economic growth and push inflation higher worldwide.” Fox anchor Charles Payne was pretty blunt recently saying “the boom times are over”—I guess that’s an admission that things were much better under Biden. And Payne actually also pronounced consumer sentiment “scary.” Meanwhile, Newt Gingrich said on Fox News, “We are sliding toward a recession.” Matt, does Fox News question Trump that way on any other issue? I can’t think of one.
 
I love how even Fox News is desperately trying to dissuade Donald from his asinine tariffs. This cultists on this website won’t notice, because they trust in the serial liar. But the rest of us can only lol.

Has barfaromo, Payne, and Gingrich suddenly become liberal?

We’ve seen a lot of it from Fox figures lately. Bartiromo, for instance, on Monday quoted the Organization for Economic Cooperation and Development saying “higher tariffs will slow economic growth and push inflation higher worldwide.” Fox anchor Charles Payne was pretty blunt recently saying “the boom times are over”—I guess that’s an admission that things were much better under Biden. And Payne actually also pronounced consumer sentiment “scary.” Meanwhile, Newt Gingrich said on Fox News, “We are sliding toward a recession.” Matt, does Fox News question Trump that way on any other issue? I can’t think of one.
Oh come on, trumps tariffs have nothing to do with any of this. Biden did all this and trump is just trying to clean up the mess
 
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