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Deputy Treasury Sec’y: We’ve Seen ‘Prices Come Down,’ ‘Inflation Keeps Coming Down’
Breitbart ^ | 08/10/2023 | Ian hatchett

Posted on 08/10/2023 6:48:46 PM PDT by ChicagoConservative27

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To: ChicagoConservative27
We’ve Seen ‘Prices Come Down,’ ‘Inflation Keeps Coming Down’

Turn the chart over. You've been reading it upside down.

21 posted on 08/10/2023 7:30:10 PM PDT by Jess Kitting
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To: ChicagoConservative27

“Consistent with EPA’s traditional approach to establishing pollution standards for power plants under section 111 of the Clean Air Act, the proposed standards are based on technologies such as

carbon capture and sequestration/storage (CCS)
low-GHG hydrogen co-firing”

https://www.epa.gov/stationary-sources-air-pollution/greenhouse-gas-standards-and-guidelines-fossil-fuel-fired-power

“Base load affected facilities that follow the CCS pathway must meet a second phase standard based on 90% capture of CO2, using CCS, by 2035”

“Baseload affected facilities that follow the low-GHG hydrogen pathway must meet a second phase standard based on co-firing 30% low-GHG hydrogen by volume by 2032 and a third phase standard based on cofiring 96% by volume low-GHG hydrogen by 2038”

https://www.epa.gov/system/files/documents/2023-05/FS-OVERVIEW-GHG-for%20Power%20Plants%20FINAL%20CLEAN.pdf

I forecast much higher electric prices in the future.


22 posted on 08/10/2023 7:31:11 PM PDT by Brian Griffin (Article II, Section 2: "The President...may require the opinion, in writing,...upon any subject...")
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To: ChicagoConservative27

I was wondering what Baghdad Bob was up to now.


23 posted on 08/10/2023 7:35:48 PM PDT by sphinx
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To: ChicagoConservative27
What used to cost me about $35 at the grocery store is now approaching $80.

Inflation is NOT "under control." #FJB

24 posted on 08/10/2023 7:36:02 PM PDT by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: ChicagoConservative27

“Progressive advocacy groups are calling on the Biden administration to impose rent control on tens of millions of homes in response to soaring rent increases.”

“One private-sector report based on new leases found that rents actually rose 12.3 percent from July 2021 to July 2022.”

“the groups want the Federal Trade Commission to sue landlords who impose excessive rent increases, and HUD to require jurisdictions to investigate rapidly rising rents and adopt rent controls”

“Up until basically exactly right now, rent control and rent regulation were basically a third-rail political issue, completely untouchable by anyone really at any level of government, much less the federal government. Now, based on how dire the inflation crisis is, and how painfully it’s hitting American households’ pocketbooks....”

https://shelterforce.org/2022/09/01/biden-has-power-to-impose-rent-control-say-housing-advocates/


25 posted on 08/10/2023 7:43:18 PM PDT by Brian Griffin (Article II, Section 2: "The President...may require the opinion, in writing,...upon any subject...")
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To: ChicagoConservative27

You all lie!


26 posted on 08/10/2023 7:45:14 PM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: ChicagoConservative27

Oh yeah, prices are coming down . . . Our homeowners insurance went up another 16%, auto insurance 23%. Total gaslighting.


27 posted on 08/10/2023 7:52:13 PM PDT by ten18
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To: ChicagoConservative27
Must be another case of deep state creative computation...Perhaps the deputy Treasury Sec should read his own administration's data.
28 posted on 08/10/2023 8:28:23 PM PDT by PerConPat (A politician is an animal which can sit on a fence and yet keep both ears to the ground.- Mencken)
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To: Secret Agent Man

Most of my shopping was at Walmart in the groc. dept. I saw one price actually come down recently.


29 posted on 08/10/2023 8:28:27 PM PDT by oldtech
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To: All

I just got the bill for my post office box.

Last year it was $120 for the year.

Now it is $190 per year. That’s pretty high rent for a half a cubic foot of space in a small town in flyover country.

In 2020 it was $80 per year. When I first rented it about 20 years ago it was $40 per year.

While there are other factors besides mere inflation (like corruption and mismanagement) in the price of a post office box, I bet these Treasury shylocks didn’t add this into their calculations.

I bet they didn’t include ‘The Big Guy’s 10% either.


30 posted on 08/10/2023 8:33:26 PM PDT by LegendHasIt
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To: kb2614

Spoken by people who never have to grocery shop.
Or pay their own bills.
They get paid so much that they don’t notice the price increases, but we do.


31 posted on 08/10/2023 8:35:43 PM PDT by Texas resident (We are living through Barak's fundamental transformation)
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To: ChicagoConservative27

Where I buy gas the Price went down from $3.51 9/10 a gallon to #3.59 9/10 .Groceries went down correspondingly. I f gas and groceries keep going down like this, I won’t be able to afford them any longer.


32 posted on 08/10/2023 8:44:51 PM PDT by sport
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To: sport

Really prices are down are they, well gas went up on average 39cents a gallon the last to to three weeks here in where I live. Prices on food are sure up also.


33 posted on 08/10/2023 8:48:39 PM PDT by Captain Peter Blood
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To: ChicagoConservative27
Having just returned from a supply run, I can personally attest
prices of groceris have not "come down".

The price of groceries seems to be frozen at their highest peak.

34 posted on 08/10/2023 8:50:08 PM PDT by chief lee runamok (Anti Socialist Flâneur@Large)
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To: ChicagoConservative27
inflation keeps coming down

Let's say inflation leveled out, would that be a victory?

Costs vs income would still be unfavorably high. Folks on fixed incomes (such as moi) would still have unrecovered buying power.

People hurting (talking middle class folks who made and make the country) will still hurt, and worry for the future and the future of their kids and grandkids.

But of course, inflation hasn't leveled out. If the rate slows the damage is still done.

35 posted on 08/10/2023 8:55:15 PM PDT by Seaplaner (Never give in. Never give in. Never, never, never...in nothing, great or small...Winston ChurchIill)
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To: ChicagoConservative27

We did buy a dozen eggs this week for $1.29!

Bidenomics is working! Praise the Lord!


36 posted on 08/10/2023 9:00:38 PM PDT by ProtectOurFreedom (We are proles, they are nobility.)
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Comment #37 Removed by Moderator

To: ChicagoConservative27

These people are high on life.


38 posted on 08/10/2023 9:38:43 PM PDT by cld51860 (We’re doomed.)
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To: cld51860

I think they’re high on tax dollars.


39 posted on 08/10/2023 9:50:28 PM PDT by TigersEye (Woke is a cancer of the mind and humanity)
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To: ChicagoConservative27

Apparently they haven’t bought gas lately.


40 posted on 08/10/2023 11:09:36 PM PDT by cableguymn
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