7 Comments

I’m sure I’m not the only one who is looking for ways to cut back on costs , including by buying less. I’ve even been able to save money by switching cell carriers and life insurance companies, but my auto insurance went up . We’ll get a break on our property taxes if that passes , but I’m sure my homeowners insurance will go up. Fuel prices are pretty variable so I don’t get too excited about temporary drops. Next winter could be different. Thanks for another great analysis.

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You are the best source of facts of the economy. Thank you for linking to my story. I'm glad that you found my facts accurate.

Biden's celebration for getting inflation down to 3% is not showing in the polls because we all have to deal with this continued, double digit increased cost of living. I learned from your article that we are looking for deflation of these high prices, and that it's possible!

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Amazing, how we are supposed to be excited about 3% now after a steady rise over the past couple of years. Numbers are just numbers, I go by what I pay every month for products and services and I can say unequivocally that I pay a lot more than I did two years ago and a year ago for that matter. I have bought our groceries for years and what we buy does not change much on a month to month basis. However I can easily say what I used to pay around $250 a month for now is more like $350 a month. So they can stick their 3% number where the sun don't shine!!!

Linking as usual @https://nothingnewunderthesun2016.com/

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Jul 13, 2023Liked by Peter Nayland Kust

Thank you, your title was my reaction to the Yahoo article. “Yet this improvement does not alter the reality that we have significantly higher prices today than just three years ago. It does not alter the reality that we are paying more for food, on average. It does not spare us the purchasing power squeeze that arises when rising prices outpace rising wages.” And yet with the President’s Tweet of Good News, it seems cognitive dissonance also has not changed in the past 3+ years.

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