The media is full tilt trying to tell the American people that lowering inflation to 150% of the target from 450% of target is a good think. But people go to the store and see super high prices. Low inflation does not lower prices. It keeps them high. Next year they will be 3.1% high than this year. When you go to the store you will pay significantly higher prices than under Trump.
The media is trying to make you deny your lying eyes and just accept that high prices are here to stay. But your paycheck is not much higher. And they can say inflation is under control. But inflation is not the same as high prices. Inflation is the same as next years prices compounded over this years already high prices.
The idiots in the media are trying to tell you that lowering inflation makes prices go down. And they are wondering why we just can’t accept their idiocy.
#4 Article contradicts itself. Read the comments.
The people know the truth.
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How the US economy tamed inflation in 2023
But wait! All the price hikes of the last two years are still there, right? Which means prices went up and stayed up, regardless of what the current inflation rate is… ?
That’s mostly true, and it explains why consumers remain in a sour mood and President Biden is unpopular.