Bad luck Biden. Finally getting economy back on track after 4 years. Right after losing reelection.
this post was submitted on 24 Nov 2024
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And guess who'll be taking credit for it.
The headline is a little misleading…
[Inflation rose at a 2.6% annual rate](https://www.bls.gov/news.release/pdf/cpi.pdf) in October, according to the consumer price index report released last week. But, most importantly in the report to America's home chefs: Food at home prices are up just 1.1% from 2023. Compare that to 2022 when prices jumped more than 10% from 2021.
Thanksgiving dinner may feel less expensive this year
Inflation-adjusted cost of Thanksgiving dinner falls to lowest point since 2020
I would argue it’s more misleading to not adjust for inflation.
That’s completely understandable, but the title should be just that. Oversights like this lead to a distrust in the media/government because the mixed messaging. People see cost and think price; which is not saying the same as cost adjusted for inflation.
People are dumb. I am person.
Thanksgiving dinner may feel less expensive this year Inflation-adjusted cost of Thanksgiving dinner falls to lowest point since 2020.
Yeah it's not ... ignoring the 30% increase in everything... Thanksgiving is cheaper
"Just cause it's an election year" /s
I added the "/s" so it was super apparent I don't actually think that. I'm merely preparing myself to hear that from at least one member of my family later this week.
"see, trump is turning things around already!"
Nope, I'm not ready. Couldn't even read your tongue-in-cheek reply without rolling my eyes. Going to have to practice a bit more.
I swear to allah if a family member of mine brings that up I'm just going to walk out of the gathering.
Same (if I even go at all this year)
Just cause it’s an election year
American Farm Bureau Federation’s annual report
Because the Farm Bureau Federation is definitely part of the federal government and not one of the largest lobbying groups for farmers in the USA and they definitely do not release this report annually. Only in election years.
Like, who do they think such a report is even benefiting 1. after the election and 2. when it's from a lobbying group? What's the logic about it influencing an election year??
I just can't anymore. I'm sorry you have to suffer that from family. My condolences
Thanks trump!
(Say the people who have no fucking clue)
Thanks Biden for making things less expensive. "I did that!" Sticker here
Shame "the eggs" were too expensive and I won't be able to host it next year
lol it’s too late most people are morons
Tell that to my family who decided they hate turkey and want prime rib this year
Prime rib is good! I'd do that.
The American Farm Bureau Federation clearly doesn't shop at Kroger.
And I distinctly remember stores nationwide last year were giving discounts around thanksgiving on staple holiday food items. So just another bullshit metric that doesn’t mean anything.
In general food is considerably more expensive now than it’s ever been so these moronic skewed metrics aren’t going to change my opinion on how badly the government’s monetary policy over the last fifty years has been fucking over the public.
All of the money printing by the federal reserve in response to Covid is largely why you’re feeling pain right now.
Yep, excess money printing (there is now 5 times more money in circulation in the USA than the start 2020) and flowing to the hands of the few wealthiest individuals means the middle class share of the overall financial pie becomes smaller.
Wages haven't increased to match the increased money flowing around society.
That results in regular people having less purchasing power and things feeling more expensive.
I didn't realize turkeys are so cheap (I always cook a duck).