Quote:
Originally Posted by blueash
Here are the month by month and total for 2022 which I did not ignore.
2022 6.0 6.4 6.5 6.2 6.0 5.9 5.9 6.3 6.6 6.3 6.0 5.7 6.2
In fact, basic reading, go back and you will see this sentence segment
2020 was the covid lockdown year. The economy was in shambles, businesses were closed down, unemployment was way up, the Congress and White House were sending checks out to try to get cash moving again. The debt was increased by many trillions in that year. But you think that we should return to the economic situation that gave us that low inflation rate. I don't.
3.6 + 6.2 + 4.8 are the core inflation increases for 21 22 and 23. My math although not always perfect totals 14.6. Miss McLaughlin taught me that 14.6 is less than over 17.
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The CPI is up just over 17% since the start of 2021 thru the end of 2023...
In the 3 years 2017-2019 (leaving out your excuse of 2020), inflation was right around 2%...
And I like how you limit inflation to "core inflation", which leave out food and energy prices... You know, things most people need to live...
Facts matter...