Weasel question. If the inflation rate was 15% last year and then “only” 13%, then technically the rate of inflation has gone down up obviously you still have the issue of higher prices than last year.
Real average hourly earnings increased 0.8 percent, seasonally adjusted, from October 2022 to October 2023. The change in real average hourly earnings combined with a decrease of 0.9 percent in the average workweek resulted in no change in real average weekly earnings over this period.
“Do you think the rate of inflation has risen or stayed the same since this time last year.”
People are correctly pointing out that inflation has made prices worse. The fact that the rate is down is little consolation when the rate has been very high and is still higher than for their salaries.
Fish hook theory is proved correct once again. Libs and Conservatives are both fully on board with the "facts don't care about your feelings" method of argument and don't seem to understand that being smarmy to people who are miserable doesn't get them to like you.
Stancil as great, I hope he never gives this up. Like its been explained to him dozens of times every day for three years now that peoples experience of the economy really can't be captured in macroeconomic data and ultimately it's people's lived experience that will drive voting in 2024. And yet every day he logs on with a new GDP chart and screams at people that their should change their opinion on the economy becuase of the chart.
Also the only people that follow him and engage with him are leftists who are there to make fun of him.
Mandatory optimism in all situations at all times is one of my least favorite parts of American culture
Also, I can say for sure that things were better in some ways 30 years ago because things like the patriot act and No Child Left Behind weren't a thing yet