[Not the Onion] Nobel Prize winning economist says Bidenomics is working if you exclude food, energy, shelter, and used cars.
[Not the Onion] Nobel Prize winning economist says Bidenomics is working if you exclude food, energy, shelter, and used cars.
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- Inflation and corporate opportunism causes goods and services to become wildly expensive.
- Discretionary spending collapses due to exorbitant costs, but essential consumption remains steady or increases.
- Cost of extraneous goods and services decreases due to reduced demand.
- Paul Krugman narrows CPI to exclude 50%+ of household consumption, focusing only on commodities with falling demand.
- Victory declared.
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