Gov’t Inflation Joke Is On Consumers?
While Joe’s latest budget proposal is a record $7.3 TRILLION (aka Swamp is printing paper $), us chumbolones are paying through the nose for groceries as inflation supposedly “cooled” to a 3.2% PACE.
As the WSJ recently noted, “The high prices of items like coffee & milk have consumers grumbling about inflation across the board … Deodorant was what changed Rob Cooper’s mind about the economy. After paying under $4 for his signature Old Spice Stronger Swagger for a decade, the 49-yr-old was shocked last year to see it priced at $7.99. ‘My brain cannot rationalize paying twice as much,’ says the Ambler Pa-based financial officer. ‘It doesn’t feel right.’” Mr. Cooper’s not alone. “A yearslong run of higher prices has unmoored many Americans’ expectations of what daily purchases should cost, from a cup of coffee to a package of paper towels. Shoppers are also put off by paying the same or higher prices for smaller amounts of stuff, what’s known as shrinkflation.”
So, folks don’t want to hear politicians’ BS about how inflation has slowed to 3.2% from its peak in 2022 because “prices are still rising, just at a slower rate. They remain (in fact) markedly higher than they were before the pandemic began.” As a result, the story goes, “Americans’ expectations for how much goods & services should cost haven’t caught up.” No kidding. Us bird brains have a few words for this too: Governmental flights of fancy if not stupidity. March toward European Socialism. Eye gouging along the way.
Davd Soul
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