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lostincalifornia

(4,916 posts)
4. Regardless what the numbers say, the reality is that a hell of a lot of people have been laid off, and while fuel prices
Thu Dec 18, 2025, 09:37 AM
Dec 18

have decreased, that is offset by food prices, both of which aren't included in the numbers.

The consumer confidence numbers are low, and wall street can push whatever bullshit they want, but the disconnect between wall street and main street has never been greater.

People know what they are paying for insurance, food, sundries, healthcare, and other consumer items, and it is significantly more than before trump took office, all while significantly increasing the deficit, which is at historically record levels, adding to our national debt.

The bullshit that his tariffs will pay for everything, ignores the fact that it is THE CONSUMER will be paying for those tariffs, and that has NOT fully worked into the system, and those supposed gains from the tariff revenues are going to be offset by the tax breaks, and other smoke and mirror policies, that are almost never talked about.

When the shit hits the fan, it will make the 2008 and COVID pandemic recessions look like child's play.

The speculation going on with crypto currencies is just one symptom of the dangers being faced. The crypto market is based on nothing except the greater fool theory.










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3 members have recommended this reply (displayed in chronological order):

... UpInArms Dec 18 #1
Hmm, both indexes gab13by13 Dec 18 #2
Did they leave out food and utilities? quaint Dec 18 #3
They leave out food and energy in those numbers I believe. The numbers may have also been affected by late lostincalifornia Dec 18 #5
No, they are included in the "all items" CPI. It's the CORE CPI that leaves out food and energy. progree Dec 18 #7
Thanks, got it. lostincalifornia Dec 18 #9
Yes, on the holiday stuff -- it's weird as heck progree Dec 18 #11
Declining demand due to economy is driving some prices down lostnfound Dec 19 #18
Regardless what the numbers say, the reality is that a hell of a lot of people have been laid off, and while fuel prices lostincalifornia Dec 18 #4
Food and energy are included in the numbers, except where it says "all items less food and energy" progree Dec 18 #8
I think that is affected by the uncertainty of the Ukraine/Russia situation, and I think colder weather may have come lostincalifornia Dec 18 #10
From the source: progree Dec 18 #6
I call BS on any number coming from this administration gilpo Dec 18 #12
So "things" that were a dollar a year ago aren't even $1.03 now? What are these "things"? twodogsbarking Dec 18 #13
This is already being panned by economists PSPS Dec 18 #14
So this graph shows that Krasnov lied. He said he would bring prices down. GoodRaisin Dec 18 #15
The BLS is a good source somsai Dec 18 #16
That's odd. The shelter index increased 0.2% during the 2 month Sept-Nov period, and 3.0% year-over-year progree Dec 18 #17
Per Pew Research, here is graphic of basket content weights lostnfound Dec 19 #19
"Fuel is fairly flat YOY" - I don't understand this comment progree Dec 19 #20
Sorry, the yoy fuel data was from a different source lostnfound Dec 21 #23
Cool graph and table, bookmarked, thanks/nt progree Dec 21 #24
GRAPH - rolling 3 month average of CPI, progree Dec 19 #21
This message was self-deleted by its author Rebl2 Dec 19 #22
Latest Discussions»Latest Breaking News»November consumer prices ...»Reply #4