CPI: Inflation rises 2.9% year over year with prices up 20.3% since Biden-Harris took office

More proof that the DemocRats have fucked Americans and continue to do so - These corrupt POS are ruining America - The numbers, unlike DemocRats, don't lie.--The CPI report shows a 2.9% year-over-year inflation increase in July, slightly below the 3% economists predicted. However, this lower inflation rate does not mean prices are decreasing; they continue to rise and have surged by 20.3% since January 2021. Prices for essential goods and services have seen significant spikes in that time, including gas (+50.5%), electricity (+31.7%), and groceries (+21.6%).“According to B(L)S, homes are 22.0% more expensive than in Jan '21, but they don't use real-world data on home prices and interest rates. Doing so reveals that the cost of homeownership has more than doubled, with the monthly mortgage payment on a median-priced home up 112% in that time.” In addition to housing, the rise in everyday expenses is undeniable. Gasoline prices have increased by 50.5%, electricity by 31.7%, and groceries by 21.6%, leaving American families struggling to manage their budgets. Other critical areas have also seen steep increases: fuel oil is up 49.1%, airfare by 22.6%, and hotel costs by 51.2%. These escalating costs are further compounded by increases in vehicle-related expenses, as Antoni notes, “Common expenses for the average American family are up 25% or more since Jan '21; vehicle cost, maintenance, repair, and insurance are particularly bad—driving is now prohibitively expensive for many folks. - https://mxmnews.com/article/445623cb-aa16-4064-bf89-cf4d3511d7a9?cpi-inflation-rises-2-9-year-over-year-with-prices-up-20-3-since-biden-harris-took-office

Edited on Aug 14, 2024 9:45am

Whine whine whine 😡 😡 😡 

Originally posted by: Kevin Lewis

Whine whine whine 😡 😡 😡 


    If President Trump was in office and this was a report of what has transpired since 2020, Lewis and all of the other lying liberal morons would be screaming "impeach" him.

David, while you were building your birdhouse in high school shop  class the smart kids were learning about inflation in economics class.     They learned that prices don't go down when inflation ends....they just quit going up.      

there ya go!    You learned something today


Originally posted by: PJ Stroh

David, while you were building your birdhouse in high school shop  class the smart kids were learning about inflation in economics class.     They learned that prices don't go down when inflation ends....they just quit going up.      

there ya go!    You learned something today


  Meanwhile you keep your head stuck deeply up your ass as your DemocRats continue to ruin America  - you have learned nothing.

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