I think the problem with saying that inflation is down is that doesn’t mean that *prices* are going down - it just means they aren’t going up fast. People are still in sticker shock about what things cost these days, and they aren’t really placated by “Well, it’s not getting worse…”
I think the problem with saying that inflation is down is that doesn’t mean that *prices* are going down - it just means they aren’t going up fast. People are still in sticker shock about what things cost these days, and they aren’t really placated by “Well, it’s not getting worse…”
True, lots of people improvement requires prices to come down, i.e. actual deflation. Many might also be ignoring that their own salary has grown at a higher rate than inflation. But somehow lots of Republican voters believe, that after Trump won, the economy is now magically better. (Look at the Axios chart!) Go figure!
I think the problem with saying that inflation is down is that doesn’t mean that *prices* are going down - it just means they aren’t going up fast. People are still in sticker shock about what things cost these days, and they aren’t really placated by “Well, it’s not getting worse…”
True, lots of people improvement requires prices to come down, i.e. actual deflation. Many might also be ignoring that their own salary has grown at a higher rate than inflation. But somehow lots of Republican voters believe, that after Trump won, the economy is now magically better. (Look at the Axios chart!) Go figure!