General Discussion

popsdenver

(1,087 posts)

13. If you swallow

Sat Nov 15, 2025, 12:10 AM

Nov 15

that the annual inflation rate is 3%......then you are correct..........The Consumer Price Index, a key to the inflation rate, underwent major manipulation during the Reagan years, and it has never been straightened out since. Reagan inflation, as I remember, was 16%, he didn't do anything about the inflation, he just got his people to recalculate how it was figured, and what items would no longer be included..........

AND, don't forget about "shrink flation"

I don't consider the annual inflation rate to includejust food.......I have seen outrageous cost increases in Automobile Insurance, Homeowners insurance, Medical Insurance, pharmaceutical costs, etc etc etc.

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BeerBarrelPolka

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Highlight:

Under Trump, Inflation Is Costing Average US Family $700 More Per Month [View all] B.See Nov 14 OP

Needs to be shouted from the rooftops! Diamond_Dog Nov 14 #1

If It Were Accurate, Yes ProfessorGAC Nov 15 #19

Inflation rate is around 3% annually MichMan Nov 14 #2

I agree JBTaurus83 Nov 14 #4

I agree, costs can't be up $700 a month at 3% inflation. I don't think that doc03 Nov 14 #9

If you swallow popsdenver Nov 15 #13

Here's the report: W_HAMILTON Nov 15 #21

In food alone! SheltieLover Nov 14 #3

Exactly. The missus told me B.See Nov 15 #17

Yup SheltieLover Nov 15 #20

Rents, real estate taxes, maintenance, meds, electricity bucolic_frolic Nov 14 #5

Kick dalton99a Nov 14 #6

Look at the chart, not the journalist's text. $706 is the *cumulative* cost increase, not the monthly cost increase. unblock Nov 14 #7

This leftstreet Nov 14 #10

That just means the "journalist" isn't MichMan Nov 14 #11

Every story I know of for which I had inside info was published with errors unblock Nov 14 #12

This wasn't a minor error; it was the whole premise of the article MichMan Nov 15 #14

Agreed, though my point is that errors are all over the media. Way more than most people realize unblock Nov 15 #15

Both You And Unblock Nailed It ProfessorGAC Nov 15 #18

Kicking proud patriot Nov 14 #8

This message was self-deleted by its author B.See Nov 15 #16