Inflation and the economy: Fact vs. feeling

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Americans are in a bad mood about the economy, even though employers are hiring, wages are outpacing inflation and inflation is slowing. But Americans are mainly focused on how much more expensive things are post-pandemic. Justin Wolfers breaks down why falling prices might not be a good thing.

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25 COMMENTS

  1. MSNBC, wages are not outpacing inflation when looking at 3, 4 or 5 year totals. If I received a 6% raise this year, sure I'm outpacing YOY CPI figures. But if I did not get a raise the prior 2 years, I am still well under inflation pre-covid. Most Americans are. Stop cherry picking data to feed your Brandon savior's 2024 chances.

  2. Just ridiculous. "Everything's great, we're all great, you too, right? No? Oh, that's too bad, cuz we're all good, maybe you're doing something wrong?" Gaslighting at its finest..

  3. Oh sorry my bad, I could have sworn I was paying double and triple at the grocery store just the other day but this guy says I didn’t so, ok he’s the expert.

  4. They are trying to sell Joe Biden's BS and we are not buying it. Biden's war on the fossil fuel industry is a great cause of this mess. Biden's putting out piles of free money created a mess.

  5. Prices didn't come down at all. Food is way up, insurance is up, and these items are unavoidable. Govt has been printing money. Wages have not kept pace at all for most people, especially retirees.

Comments are closed.