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Producer Price Index Rises More Than Forecast

Discussion in 'Too Hot for Swamp Gas' started by ETGator1, May 14, 2024.

  1. gatorpa

    gatorpa GC Hall of Fame

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    How does this get a “come on man”?
    SMH
     
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  2. gatordavisl

    gatordavisl VIP Member

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    Read the thread. ;)
     
  3. gatorpa

    gatorpa GC Hall of Fame

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    Yeah they didn’t like the source, the source didn’t report the wrong numbers…
     
  4. gatordavisl

    gatordavisl VIP Member

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    This is not entirely accurate.
     
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  5. BLING

    BLING GC Hall of Fame

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    Per walmarts app the same frozen pizza is $4.82 over there.

    I had ATL pegged as more of a Totino’s man. :eek:
     
  6. BLING

    BLING GC Hall of Fame

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    I was going to suggest ATL write a letter to the Red Baron’s CEO, complaining about high frozen pizza prices. But apparantly this company was sold to a South Korean food conglomerate back in 2019.

    I’m honestly surprised this transaction slipped under GatorRicks nose. How could Trump allow OUR Pizzas to be controlled by the Koreans? So unfair!
     
    Last edited: May 14, 2024
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  7. GatorFanCF

    GatorFanCF Premium Member

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    Damn straight- nothing more American than pizza!!! Next thing you know those Asians will steal the idea of pasta from the Italians ;)
     
  8. citygator

    citygator VIP Member

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    You’re getting ripped off. That damn Biden!

    AE067C93-918C-4150-878E-0CD7E9D04E5B.jpeg
     
  9. gaterzfan

    gaterzfan GC Hall of Fame

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    And the potus ...... how many on the left believe Biden's claim of 9% inflation in Jan 2021? I would bet many do and the rest will not call him out for this misrepresentation ..... whether intentional or dementia induced.

    "President Biden repeated his false claim that inflation was at 9% when he first took office less than a week after being called out for making the same assertion.

    Speaking with Yahoo! Finance about his newly announced tariffs on China, Biden defended his handling of the economy while acknowledging the impact inflation has had on Americans.

    "Inflation has gone slightly up," Biden told Yahoo! Finance's Brian Sozzi. "It was at 9% when I came in. And it's now down around 3%."

    Inflation was at 1.4% when Biden took the oath of office in January 2021 and peaked at 9.1% in June 2022. It stands at 3.5% as of March 2024, which is above the Federal Reserve’s target rate of 2%."

    Biden repeats false claim that inflation was at 9% when he took office after being called out last week (msn.com)
     
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  10. ATLGATORFAN

    ATLGATORFAN Premium Member

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    strangely the red baron Isn’t that bad. I could use Walmart as the marker but I’d need to go back in time and see what it sold for few years ago.
     
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  11. ATLGATORFAN

    ATLGATORFAN Premium Member

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    ha. Yup. Getting ripped off by .13 cents based on your screenshots. On occasion. Say once every 7th or 8th trip the red baron is on a BoGo but when I got it the other day it was indeed $5.92
     
  12. rivergator

    rivergator Too Hot Mod Moderator VIP Member

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    I don't have a clue how many people believe it. I doubt many do. It's obviously an absurd thing for him to say. Confused? Dishonest? ...
     
  13. ATLGATORFAN

    ATLGATORFAN Premium Member

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    that’s quite possible and you’re probably right. As stated in previous threads about inflation, our household income is well within top 5% so my daily habits haven’t changed based on the inflation. We are fortunate to have considerable assets that have outpaced inflation. Plus My Publix is like Starbucks for me. I know everyone there and it’s just become a part of regular routine.
     
    Last edited: May 15, 2024
  14. okeechobee

    okeechobee GC Hall of Fame

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    Dishonest, bro. Guy's always been extremely dishonest. All you have to do is watch the press clips from his 1980's run for president where he was caught in lie after lie by the media.
     
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  15. AgingGator

    AgingGator GC Hall of Fame

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    Markets thought we would be getting a SECOND rate decrease by now as well. Stop cherry picking data to defend your party’s policies. There is no world where the most recent PPI numbers are good in any way. About the best we can hope for now is a downward revision. But even with that, it won’t get revised down to .2.
     
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  16. AgingGator

    AgingGator GC Hall of Fame

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    Enjoy that kool-aid!
     
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  17. BLING

    BLING GC Hall of Fame

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    I would lean dishonest, although it’s true the causes of inflation pre-dated Biden or were out of his control, and I’m guessing they are trying to dumb down the “I inherited that mess” rather than get into the weeds of supply chain. To flatly misstate the rate when he came into office is incorrect. Kind of a weird one because it’s not like a more technically accurate talking point about the progress that has been made w/ inflation would be difficult.

    Either way, a bit rich for any Trumpers to be harping on a particular gaffe or lie. Are you serious?
     
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  18. ETGator1

    ETGator1 GC Hall of Fame

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    Powell while in Europe, announced yesterday that the position is to hold and there will be no cuts. No, those 4 or 5 cuts originally projected by the wrong once again analysts aren't going to happen. If the upward inflation trends continue, we could see rate increases, but I doubt it in an election year as we get closer to the election. They'll wait to raise on Trump's watch after the election.
     
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  19. ETGator1

    ETGator1 GC Hall of Fame

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    If the shoe fits, wear it, liar.
     
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  20. gatorchamps960608

    gatorchamps960608 GC Hall of Fame

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    Breitbart is pablum for morons. Do they still have that black crime section that MAGAts love?
     
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