▪️It’s remarkable how many conflate the inflation rate with prices (at least when it suits their politics). If the inflation rate rises to the highest in 4 decades, like it did in 2022, then falls to 3.7% over the next 14 months, prices are still much higher than when the rate peaked at over 9%, they haven’t come down.
▪️An easy way to see this is to look at a graph of the actual consumer price index (not the rate of increase). This is more in line with what people actually experience (no one goes to the store thinking about rates of increase) and you can see prices continue to climb climb climb. I’ll post a chart of this in the comments.
▪️The same holds for the “core” rate which is still at 4.1%, more than double the Fed’s target. Even with a huge increase in interest rates, pushing mortgages to 8%, the core is still more than double their goal, and the recent trend is not decreasing but staying steady at 4%. Some might consider that not a success.
It’s just so wild to see these movements see saw, it feels like just yesterday that conservatives were boycotting Disney and the left was gloating.
Just incredible. After posting a meme blaming Charlie Kirk for his own murder, they post another a few hours later applauding Democrats for their civility.
Also, if you look at the Occupy Democrats timeline, their posts “denouncing political violence” were variations on “no one should be shot…BUT here’s a quote from Kirk showing he’s a terrible person.” Or sometimes they’d leave the first part out altogether and just attack him. There are no posts denouncing violence without qualifiers trying to gin up their base.
