Inflation hits 3.8, outpacing wage growth for the first time since 2023, and trump

[senseandsensibility]

seems very, very touchy about it. When asked about it by a reporter this morning, he said that a year ago it was at 1.7% (yeah, that's called an increase, donald) and cleverly called the reporter "dumb."

So there ya go, voters. He's got nothing. And he's a thin skinned, whining toddler with no ideas except blaming others and throwing temper tantrums. His skills in those two areas rival the most accomplished three-year-olds.

Seriously, haven't "journalists" and everyone except his completely braindead cult grown bored with this yet? Stop asking him questions about what he thinks and start asking him what he is going to do about the messes he's caused. Or better yet, stop asking him anything because the answers are always B.S.

[Midnight Writer]

1. I know I sound like a broken record, but if the WH is reporting 3.8, I reckon it to be closer to 6.

I know I am still sticker-shocked every time I go to the grocery store to get my old-fashioned groceries.

[Johnny2X2X]

7. The White House isn't reporting it

The BLS is. And the BLS is solid and full of dedicated career civil servants who would make it known if their data was being corrupted. Trump's pick to head the BLS was not put in.

[ProfessorGAC]

11. While True...

..the weighting that goes into CPI has been considered questionable by economists, statisticians, and others expert in mathematical analysis for a few decades.
I'm one of them.
I think the number is more accurately presented as whatever BLS reports × 1.2..
For instance, I think housing costs are overweighted given the substantial number of mortgage payers for whom monthly costs are fixed, and for whom, in many cases, have property tax bills that are statutorily limited for year over year increases.
I think transportation is underweighted because the cost of new cars has gone by by roughly 2x the reported inflation rate for 40 years or so. Used car prices are even worse.
I could go on, but really worth it.
Unless inflation is VERY low, I think the official number is too low by a meaningful to the consumer degree.
I agree that BLS isn't fudging numbers. We don't agree that their numbers are beyond reproach.

[senseandsensibility]

8. Headed to the grocery store today

Not looking forward to it.

[OLDMDDEM]

2. Excellent. Thanks for your article.

[senseandsensibility]

3. Well, the headline is from NBC news, summarizing what the reporter was asking about

and I got the gist of his response from Aaron Rupar. But almost all of it was my "opinion" of his reaction. I wouldn't call it an article exactly, but just me blowing off steam.

[OLDMDDEM]

4. I still liked it no matter where you say it came from. Thanks.

[senseandsensibility]

5. Thanks!

[Jack Valentino]

6. High-chair Hitler has a micro-penis. End of story.

[D_Master81]

9. He's useless

When problems are pointed out, real problems that are affecting real people he can’t even be brought to acknowledge they’re real. He deflects to “well a year ago things were great”. Yeah we know, a year ago you were 4 months into your term being handed a decent situation that you little on fire.

[senseandsensibility]

10. Yup

That's why these "journalists" competing so hard and putting up with so much disrespect just to get this meaningless drivel out of him are really doing their viewers/readers a disservice.

[OC375]

12. Inflation has outpaced my wage growth since at least the early 2000's.

Welcome to the party, everyone who's suddenly complaining about wages vs inflation, now.