▲ 98 ▼ Americans’ economic outlook brightens as inflation slows and wages outpace prices (www.denverpost.com) submitted 2 years ago by CharlesDarwin@lemmy.world to c/politics@lemmy.world 57 comments fedilink hide all child comments
[–] DogPeePoo@lemm.ee 50 points 2 years ago (2 children) Corporate profits are at all time highs. CPI doesn’t include food, gas or energy. Formulas have been modified. Fuck Trump, but also— stop lying to the general public regarding inflation, shrinkflation, and greedflation. This White House actually tried to gaslight the public about the term Recession by changing the definition. So insulting and embarrassing. Again— fuck Trump. He is undoubtedly one of the worst people on the planet. permalink fedilink source hideshow 4 child comments replies: [–] octopus_ink@lemmy.ml 31 points 2 years ago Furthering your point - Greedflation Accounts for 53 Cents of Every Dollar of Inflation in Past 6 Months Greedflation: corporate profiteering ‘significantly’ boosted global prices, study shows permalink fedilink source parent [–] physcx@kbin.social 11 points 2 years ago (1 child) https://www.bls.gov/cpi/ They provide the data with and without food/energy. Looks like as of Dec 23, including food and energy reduces cpi when compared against excluding it because energy prices have dropped. permalink fedilink source parent hideshow 2 child comments replies: [–] Maggoty@lemmy.world 7 points 2 years ago And for context wages have not caught up the baked in inflation. Only the velocity of it. So prices are rising slower than wages. permalink fedilink source parent
[–] octopus_ink@lemmy.ml 31 points 2 years ago Furthering your point - Greedflation Accounts for 53 Cents of Every Dollar of Inflation in Past 6 Months Greedflation: corporate profiteering ‘significantly’ boosted global prices, study shows permalink fedilink source parent
[–] physcx@kbin.social 11 points 2 years ago (1 child) https://www.bls.gov/cpi/ They provide the data with and without food/energy. Looks like as of Dec 23, including food and energy reduces cpi when compared against excluding it because energy prices have dropped. permalink fedilink source parent hideshow 2 child comments replies: [–] Maggoty@lemmy.world 7 points 2 years ago And for context wages have not caught up the baked in inflation. Only the velocity of it. So prices are rising slower than wages. permalink fedilink source parent
[–] Maggoty@lemmy.world 7 points 2 years ago And for context wages have not caught up the baked in inflation. Only the velocity of it. So prices are rising slower than wages. permalink fedilink source parent