Wait, How Much Have Groceries Gone Up? Government Claims 20% over 3 years. Real Life IS Closer to 100%. D.C. Is Utterly Corrupt. NIFO
Posted by freedomforall 10 months, 2 weeks ago to Government
The scum in D.C. HAVE to claim inflation is low or they'd be burned at the stake.
Roasting them alive would be the right response, imo.
Excerpt:
"The most startling moment in the CNN debate last week between President Joe Biden and former President Donald Trump was not from the candidates. It was from moderator Jake Tapper, who said with a straight face as if it were just the science that grocery prices were up by 20 percent since President Biden was elected.
I had a hard time getting past that moment, and I suspect that many watchers did too. Just by the way, even if the current rate is lower than the past rate, that doesn’t mean that prices are falling. It means that they are rising more slowly. For some reason, maybe people, even professional journalists, don’t seem to understand that point.
Millions were watching. Intuition tells me that millions of people were stunned and thought to themselves or said out loud: no way. Truly, is there a single living soul in America who lives on a budget, watches their spending, and who believes that their grocery bills are only up by 20 percent in three years?
Well, as it turns out, Mr. Tapper could have cited the leading authority on that statistic. It’s the Bureau of Labor Statistics (BLS) as reported by the Federal Reserve. The precise number is 20.8 percent.
The trouble is that this fits with no one’s experiences. People on social media are posting receipts showing grocery prices up by anywhere between two and 10 times that rate.
In one viral video that offered receipts, a man bought 45 items (he says a full month of groceries) two years ago for $145. WalMart’s software allows him to reorder that now. He tried it just as a test. The new price: $414.
That’s an increase in two years of 185 percent! If we stretch that to three years assuming no inflation in the first, that’s an annualized increase of 61 percent. Over two years, it’s 92.5 percent."
Roasting them alive would be the right response, imo.
Excerpt:
"The most startling moment in the CNN debate last week between President Joe Biden and former President Donald Trump was not from the candidates. It was from moderator Jake Tapper, who said with a straight face as if it were just the science that grocery prices were up by 20 percent since President Biden was elected.
I had a hard time getting past that moment, and I suspect that many watchers did too. Just by the way, even if the current rate is lower than the past rate, that doesn’t mean that prices are falling. It means that they are rising more slowly. For some reason, maybe people, even professional journalists, don’t seem to understand that point.
Millions were watching. Intuition tells me that millions of people were stunned and thought to themselves or said out loud: no way. Truly, is there a single living soul in America who lives on a budget, watches their spending, and who believes that their grocery bills are only up by 20 percent in three years?
Well, as it turns out, Mr. Tapper could have cited the leading authority on that statistic. It’s the Bureau of Labor Statistics (BLS) as reported by the Federal Reserve. The precise number is 20.8 percent.
The trouble is that this fits with no one’s experiences. People on social media are posting receipts showing grocery prices up by anywhere between two and 10 times that rate.
In one viral video that offered receipts, a man bought 45 items (he says a full month of groceries) two years ago for $145. WalMart’s software allows him to reorder that now. He tried it just as a test. The new price: $414.
That’s an increase in two years of 185 percent! If we stretch that to three years assuming no inflation in the first, that’s an annualized increase of 61 percent. Over two years, it’s 92.5 percent."
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the whole biden is ok lie they told for years is case in point number 1
biden HAS NEVER been qualified to be in the oval office, the last 4 years just being much worse