US inflation has had a snowballing effect on family budgets.
The typical American household spent $709 more in July than they did
two years ago to buy the same goods and services, according to MoodyÂ’s Analytics.
That figure underscores the cumulative impact high inflation has had
on consumer finances — even as price growth has cooled considerably in recent months.
“High inflation of the past 2+ years has done lots of economic
damage,” Mark Zandi, chief economist at Moody’s Analytics, wrote in a
post on X, the platform formerly known as Twitter.
Most of that increase in spending is driven by housing costs, which
have surged, Zandi told CNN in an email on Friday. He added that
families are also spending more at the grocery store; on buying,
maintaining and insuring vehicles and on recreational services like
cable.
Of course, paychecks have also grown over the past two years — but not
by as much as the cost of living.
Inflation-adjusted earnings are stuck in 2019
Even though prices have soared, real earnings, which adjust for
inflation, are stuck at late 2019 levels.
https://www.cnn.com/2023/08/11/economy/inflation-rate-spending/index.html
Where's Bradley, Lying Lee and Swilly reporting this???
On 2023-08-13, NoBody <NoBody@nowhere.com> wrote:
US inflation has had a snowballing effect on family budgets.
The typical American household spent $709 more in July than they did
two years ago to buy the same goods and services, according to MoodyÂ’s
Analytics.
That figure underscores the cumulative impact high inflation has had
on consumer finances — even as price growth has cooled considerably in
recent months.
“High inflation of the past 2+ years has done lots of economic
damage,” Mark Zandi, chief economist at Moody’s Analytics, wrote in a
post on X, the platform formerly known as Twitter.
Most of that increase in spending is driven by housing costs, which
have surged, Zandi told CNN in an email on Friday. He added that
families are also spending more at the grocery store; on buying,
maintaining and insuring vehicles and on recreational services like
cable.
Of course, paychecks have also grown over the past two years — but not
by as much as the cost of living.
Inflation-adjusted earnings are stuck in 2019
Even though prices have soared, real earnings, which adjust for
inflation, are stuck at late 2019 levels.
https://www.cnn.com/2023/08/11/economy/inflation-rate-spending/index.html
Where's Bradley, Lying Lee and Swilly reporting this???
But...... Joe Biden is claiming that "Bidenomics" is working and making life so much better than it
was under Trump.
Somebody is not telling the truth.
ROTFLMAO!
US inflation has had a snowballing effect on family budgets.
On 2023-08-13 07:34, NoBody wrote:
 US inflation has had a snowballing effect on family budgets.
What about the millions upon millions of new jobs?
Bring back manufacturing to the US?
Low, low, low unemployment?
US inflation has had a snowballing effect on family budgets.
On 8/13/2023 3:18 PM, Alan wrote:
On 2023-08-13 07:34, NoBody wrote:
 US inflation has had a snowballing effect on family budgets.
What about the millions upon millions of new jobs?
Bring back manufacturing to the US?
Low, low, low unemployment?
No! High prevarication about low employment and vast mythical illusions
of a great economy. Something the lying sacks of shit in the Biden crime regime are good at trying to create. But don't worry, The Biden
intellectuals will cure all these problems by enticing his Pals in China
to NUKE us and then all will be well.
On 2023-08-13 21:10, PaxPerPoten wrote:
On 8/13/2023 3:18 PM, Alan wrote:
On 2023-08-13 07:34, NoBody wrote:
 US inflation has had a snowballing effect on family budgets.
What about the millions upon millions of new jobs?
Bring back manufacturing to the US?
Low, low, low unemployment?
No! High prevarication about low employment and vast mythical
illusions of a great economy. Something the lying sacks of shit in the
Biden crime regime are good at trying to create. But don't worry, The
Biden intellectuals will cure all these problems by enticing his Pals
in China to NUKE us and then all will be well.
Got any proof of prevarication...
...or anything that disproves the growth of the economy?
No?
Thought not.
On 8/13/2023 3:18 PM, Alan wrote:
On 2023-08-13 07:34, NoBody wrote:
US inflation has had a snowballing effect on family budgets.
What about the millions upon millions of new jobs?
Bring back manufacturing to the US?
Low, low, low unemployment?
No! High prevarication about low employment and vast mythical illusions
of a great economy. Something the lying sacks of shit in the Biden crime >regime are good at trying to create. But don't worry, The Biden
intellectuals will cure all these problems by enticing his Pals in China
to NUKE us and then all will be well.
On 8/13/2023 3:18 PM, Alan wrote:
On 2023-08-13 07:34, NoBody wrote:
US inflation has had a snowballing effect on family budgets.What about the millions upon millions of new jobs?
Bring back manufacturing to the US?
Low, low, low unemployment?
No! High prevarication about low employment and vast mythical illusions
of a great economy. Something the lying sacks of shit in the Biden crime >regime are good at trying to create. But don't worry, The Biden
intellectuals will cure all these problems by enticing his Pals in China
to NUKE us and then all will be well.
On 8/14/2023 12:21 AM, Alan wrote:
On 2023-08-13 21:10, PaxPerPoten wrote:
On 8/13/2023 3:18 PM, Alan wrote:
On 2023-08-13 07:34, NoBody wrote:
 US inflation has had a snowballing effect on family budgets.
What about the millions upon millions of new jobs?
Bring back manufacturing to the US?
Low, low, low unemployment?
No! High prevarication about low employment and vast mythical
illusions of a great economy. Something the lying sacks of shit in
the Biden crime regime are good at trying to create. But don't worry,
The Biden intellectuals will cure all these problems by enticing his
Pals in China to NUKE us and then all will be well.
Got any proof of prevarication...
Did your Mommy read that to you?
...or anything that disproves the growth of the economy?
The daily news, you fucking Moron.
On 8/14/2023 12:21 AM, Alan wrote:
On 2023-08-13 21:10, PaxPerPoten wrote:
On 8/13/2023 3:18 PM, Alan wrote:
On 2023-08-13 07:34, NoBody wrote:
US inflation has had a snowballing effect on family budgets.
What about the millions upon millions of new jobs?
Bring back manufacturing to the US?
Low, low, low unemployment?
No! High prevarication about low employment and vast mythical
illusions of a great economy. Something the lying sacks of shit in the
Biden crime regime are good at trying to create. But don't worry, The
Biden intellectuals will cure all these problems by enticing his Pals
in China to NUKE us and then all will be well.
Got any proof of prevarication...
Did your Mommy read that to you?
...or anything that disproves the growth of the economy?
The daily news, you fucking Moron.
On Sun, 13 Aug 2023 23:10:00 -0500, PaxPerPoten <PPP@Yale.com> wrote:
On 8/13/2023 3:18 PM, Alan wrote:
On 2023-08-13 07:34, NoBody wrote:
 US inflation has had a snowballing effect on family budgets.
Inflation, by definition, means everybody has plenty of money to spend. Inflation is
defined as more money than goods on the market. High demand/low supply drives inflation.
What about the millions upon millions of new jobs?
Bring back manufacturing to the US?
Low, low, low unemployment?
No! High prevarication about low employment and vast mythical illusions
of a great economy. Something the lying sacks of shit in the Biden crime
regime are good at trying to create. But don't worry, The Biden
intellectuals will cure all these problems by enticing his Pals in China
to NUKE us and then all will be well.
And if a Republican was in office you'd be bragging about the economy just like the Dems
are.
Swill
--
"The Democrats are the party that says government will make you smarter, taller,
richer, and remove the crabgrass on your lawn. The Republicans are the party that
says government doesn't work and then they get elected and prove it." - PJ O'Rourke
GO RFK! https://www.kennedy24.com/?locale=en
Heroyam slava! Glory to the Heroes!
Sláva UkrajÃni! Glory to Ukraine!
Putin tse prezervatyv! Putin is a condom!
Go here to donate to Ukrainian relief. <https://www2.deloitte.com/ua/uk/pages/registration-forms/help-cities.html>
You and your shadow Alan are complete idiots and LIARS. When goods
require more and more income to purchase due to inflated value of
products. Its no wonder you would be hung in the real America.
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