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| Economy |
| Don't believe your lying bank register, inflation is all but gone |
| 2023-12-14 |
| [American Thinker] Everytime I read an article by Rick Newman at Yahoo Finance it feels like I kill more brain cells; here he says that there is only one component regarding inflation left that people have to worry about: "rent." So, I thought I would look at some expenses that most people have to deal with on an annual or monthly basis to see if the inflation problem is really behind us. Is overall inflation really down to around 3% as mainstream pundits assure? Less than a month ago, USA Today published an "outlook for car insurance" report, in which the analysts noted this: Consumers shopping for the best car insurance in 2024 can expect higher prices, according to Mark Friedlander, Director of Corporate Communications at the Insurance Information Institute (Triple-I). ’Car insurance rates are expected to continue to increase in 2024 due to costlier repairs, driven by parts shortages and higher costs of labor, as well as low inventories of vehicles, which generates higher costs of replacing totaled cars.’ |
| Posted by:Besoeker |
| #9 Biden ruined the economy with government mega kickbacks to the consortium of leftists that elected him. In the end, most Americans have exhausted their savings, charged up their credit cards and are living paycheck to paycheck. It is a crushing weight to carry. If the Administration has slowed the rate of inflation, with which they have burdened us, why should we now give them the congratulations that they demand? The burden remains and part of the weight that we are carrying is them. They continue to ride us with their moralism like deranged jockeys. It is time to dump the lot of them in the nearest pool of the biggest pigsty we can find. |
| Posted by: Super Hose 2023-12-14 14:44 |
| #8 ...or the product is not produced or the services not provided. |
| Posted by: Procopius2k 2023-12-14 13:47 |
| #7 Well, see, if nobody can afford anything, then prices can't be going up, right? |
| Posted by: ed in texas 2023-12-14 12:34 |
| #6 Must be some money in it. Stripping jacked cars? |
| Posted by: Skidmark 2023-12-14 12:31 |
| #5 Despite not having a job since March my Medicare payments taken out of my Social Security will increase next year. I was told it's based on what I made in 2022. |
| Posted by: Deacon Blues 2023-12-14 12:08 |
| #4 Remember, after sending over 100's of $$$ Billions to Ukraine and more to other countries. Congress saw fit to grant those of us that worked and EARNED IT, a SSA 2024 COLA of 3.2%. Note: Using the published inflation rates, so far 2023. Us on FIXED INCOMES have seen increases totaling J6.4 + F6.0 + M5.0 + A4.9 + M4.0 + J3.0 + J3.2 + A3.7 + S3.7 + O3.2 + N3.1 = 46.2% Just for Jan to Nov. 46.2% / 11 months = 4.2% using the Gov's. own COLA process. However, it feels more like the 46%, than 4.2% when we also add in product size SHRINKAGE and price INCREASES. Plus all the things that have been played with in the food and household supply chain. |
| Posted by: NN2N1 2023-12-14 09:56 |
| #3 /\ "What you save on the merry-go-round you spend on the swings." |
| Posted by: Besoeker 2023-12-14 08:44 |
| #2 We bundled our cars insurance with our homeowners policy and lowered our overall cost near $600 year. Canceling our newspaper subscription lowered cost another $530...But our medical Co-Pay fees increased. |
| Posted by: crazyhorse 2023-12-14 08:15 |
| #1 Gleaming new, multi-bay auto body repair shops springing up in my area. Must be some money in it. |
| Posted by: Besoeker 2023-12-14 07:50 |