Bad luck Biden. Finally getting economy back on track after 4 years. Right after losing reelection.
this post was submitted on 24 Nov 2024
71 points (85.9% liked)
News
23655 readers
2603 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 2 years ago
MODERATORS
And guess who'll be taking credit for it.
The headline is a little misleading…
[Inflation rose at a 2.6% annual rate](https://www.bls.gov/news.release/pdf/cpi.pdf) in October, according to the consumer price index report released last week. But, most importantly in the report to America's home chefs: Food at home prices are up just 1.1% from 2023. Compare that to 2022 when prices jumped more than 10% from 2021.
Thanksgiving dinner may feel less expensive this year
Inflation-adjusted cost of Thanksgiving dinner falls to lowest point since 2020
I would argue it’s more misleading to not adjust for inflation.
That’s completely understandable, but the title should be just that. Oversights like this lead to a distrust in the media/government because the mixed messaging. People see cost and think price; which is not saying the same as cost adjusted for inflation.
People are dumb. I am person.
Thanksgiving dinner may feel less expensive this year Inflation-adjusted cost of Thanksgiving dinner falls to lowest point since 2020.
Yeah it's not ... ignoring the 30% increase in everything... Thanksgiving is cheaper
For the moment he had shut his ears to the remoter noises and was listening to the stuff that streamed out of the telescreen. It appeared that there had even been demonstrations to thank Big Brother for raising the chocolate ration to twenty grammes a week. And only yesterday, he reflected, it had been announced that the ration was to be REDUCED to twenty grammes a week. Was it possible that they could swallow that, after only twenty-four hours? Yes, they swallowed it.
Thanks trump!
(Say the people who have no fucking clue)
"Just cause it's an election year" /s
I added the "/s" so it was super apparent I don't actually think that. I'm merely preparing myself to hear that from at least one member of my family later this week.
"see, trump is turning things around already!"
Nope, I'm not ready. Couldn't even read your tongue-in-cheek reply without rolling my eyes. Going to have to practice a bit more.
I swear to allah if a family member of mine brings that up I'm just going to walk out of the gathering.
Same (if I even go at all this year)
Just cause it’s an election year
American Farm Bureau Federation’s annual report
Because the Farm Bureau Federation is definitely part of the federal government and not one of the largest lobbying groups for farmers in the USA and they definitely do not release this report annually. Only in election years.
Like, who do they think such a report is even benefiting 1. after the election and 2. when it's from a lobbying group? What's the logic about it influencing an election year??
I just can't anymore. I'm sorry you have to suffer that from family. My condolences
Thanks Biden for making things less expensive. "I did that!" Sticker here
Shame "the eggs" were too expensive and I won't be able to host it next year
lol it’s too late most people are morons
Tell that to my family who decided they hate turkey and want prime rib this year
Prime rib is good! I'd do that.
The American Farm Bureau Federation clearly doesn't shop at Kroger.
And I distinctly remember stores nationwide last year were giving discounts around thanksgiving on staple holiday food items. So just another bullshit metric that doesn’t mean anything.
In general food is considerably more expensive now than it’s ever been so these moronic skewed metrics aren’t going to change my opinion on how badly the government’s monetary policy over the last fifty years has been fucking over the public.
All of the money printing by the federal reserve in response to Covid is largely why you’re feeling pain right now.
Yep, excess money printing (there is now 5 times more money in circulation in the USA than the start 2020) and flowing to the hands of the few wealthiest individuals means the middle class share of the overall financial pie becomes smaller.
Wages haven't increased to match the increased money flowing around society.
That results in regular people having less purchasing power and things feeling more expensive.
I didn't realize turkeys are so cheap (I always cook a duck).