Just heard #Economist #StephenMoore (and, yes, I know why he said how he said it dumbing DOWN for morons) about #INFLATION
WE ARE MAKING PROGRESS???
He gave an anecdotal comment about a place he saw #GAS down under $3 where under #BiDUMBnomics #policy it was at one point up over $5.
WELL, that is great, THAT is EVIDENCE of other great #POTUS47 #policy (#Growth #policy, sound #Energy #policy, etc.) kicking in - our (#GOP #ChristiTutionalist #Conservative #CommonSense; and given MORE TIME that and some other #PRICES WILL CONTINUE COMING DOWN) #INFLATION (rather ANTI INFLATION) #policy had already been in place and #InflationRate way down from #BiDUMB double-digit #STAGflation rates over his four years down to around 2.7% -- A MASSIVE IMPROVEMENT. That, of course, DOES NOT MEAN #DEFLATION and that ALL #PRICES OF EVERYTHING WILL COME DOWN; that is NOT how #Inflation and the #InflationRate works (and, yes, given time our #policy will get it down to around and back to the average/normal 2.3ish% rate). Many things WILL NEVER come "back down" but THANK #GOD due to SOUND #POLICY we are out of the #BiDUMB massive #STAGflation soaring #prices days!!! It will now take TIME for us to gain back ALL THE LOSS OF BUYING POWER lost over the #BiDUMB years, but we are WELL ON OUR WAY (now that #TooLatePowell finally signalling he will start slowly lowering #InterestRates peeps next year may see some relief on thier #CreditCard RATES and have chance to #REFINANCE and CONSOLIDATE HIGH RATE #LOANS (#Cards) into a lower more "#reasonable" Rate and start to get some RELIEF in their MONTHLY PAYMENTS #BUDGET and a return to some DISPOSABLE #INCOME breathing room again)!!!
THANK #TRUMP for return to 3.5% RAISES, yes cuz when #INFLATION is under 3% YOU ACTUALLY GET AHEAD (vs #BiDUMB years with a 5% raise but LOST GROUND cuz #inflation, neigh #STAGflation was double-digit - it is called #ACCOUNTING and BASIC #MATH - both income and outbound #LEDGERS)....
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https://beforeitsnews.com/economics-and-politics/2024/09/is-the-number-six-always-better-than-number-three-just-cuz-6-is-bigger-than-3-2532536.html