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Paul Krugman@pkrugman.bsky.social |
In other news, inflation looks beaten. The blip a few months ago looks like start-of-year price resets, and what’s left is lagged housing costs
18 replies 76 reposts 368 likes
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Paul Krugman@pkrugman.bsky.social |
In other news, inflation looks beaten. The blip a few months ago looks like start-of-year price resets, and what’s left is lagged housing costs
18 replies 76 reposts 368 likes
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D_Girl
@dgirl.bsky.social
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Not only does your own graph show inflation remaining higher than 2019, but you've again failed to remember that when inflation goes down, prices STILL GO UP. Economists are the dumbest people alive, istg
2 replies 0 reposts 3 likes
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Airwindows
@airwindows.com
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Sounds like Biden works better than he looks. Funny how that works, hm?
0 replies 0 reposts 0 likes
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Two Whoppers Junior
@jasonthee.bsky.social
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Maybe the homeless can live in McDonald's new 5 dollar meal.
0 replies 0 reposts 0 likes
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🔻US Taxes Fund Israeli Warcrimes🔻
@bigamishdoinks.bsky.social
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Oh good just one of the most fundamental essentials for life, housing.
2 replies 0 reposts 7 likes
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@elaineparks.bsky.social
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beaten, except for everything still being more expensive, sure.
0 replies 0 reposts 0 likes
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Believelander Says Trans Rights
@says-rights.bsky.social
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Monthly cost of a $350,000 mortgage loan at today's average mortgage rate: $2500 Monthly cost of my $500,000+ mortgage loan at average 2021 mortgage rates: $2200 Housing prices ain't never recovering
0 replies 0 reposts 3 likes
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Helena "I Hate Living in the Democalypse" Montana
@helenajmontana.bsky.social
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Groceries still cost a bomb though, and some of those prices are still rising where I live (West Central FL).
0 replies 0 reposts 1 likes
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Great Joe
@greatjoe.bsky.social
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Now if only there were consistent deflation over the course of several years to bring minimum wage buying power back in line with what it was in the 1960s.
0 replies 0 reposts 2 likes
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Public Universal Ally
@returnofmccarthy.bsky.social
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Good thing we changed the metric to ignore housing otherwise that number would look real bad
0 replies 0 reposts 0 likes
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Dabo Girl
@dabogirl.bsky.social
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Eat my ass Paul.
0 replies 0 reposts 0 likes
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RodianRomanovichWasRight
@rodyawasright.bsky.social
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All the job ads are fake and actual job hunting is in deep recession but you're too privileged to know anything about real work and too old to understand cyberscams so you're incapable of understanding the economy that human beings actually experience
2 replies 0 reposts 4 likes
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SRSOS
@srsos.bsky.social
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Don't you feel lonely over here, Paul? What with most of your fascist friends over on X with the rest of the bigots and lowlifes?
0 replies 0 reposts 0 likes
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Mike Eliason
@holz-bau.bsky.social
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ah good. it's only housing costs. luckily we've not run out of greenbelts to build on and there's no shortage of multifamily zoned land in cities and interest rates are still incredibly low and construction labor costs are not increasing and we have funds for abundant social housing and
0 replies 0 reposts 2 likes
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Copy is Blue
@copycatciller.bsky.social
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Can you put it in 5k above poverty?
0 replies 0 reposts 0 likes
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Dolphin 🐬💥🌊🌻
@dalfen.bsky.social
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@pkrugman.bsky.social
Thanks, Biden.
0 replies 0 reposts 1 likes
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Denny Carter
@cdcarter13.bsky.social
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not that objective reality matters
0 replies 0 reposts 2 likes
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Alex Galt
@alexgalt.bsky.social
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I see that and understand it. Yet, I go to the grocery store and holy hell, $5 for some half and half?? So I think that's the inflation story that matters to voters.
1 replies 0 reposts 0 likes
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WWR
@wwr.bsky.social
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In other news, an important leading economic indicator has been in decline for 18 months, and just logged its worst month since the pandemic.
www.architectmagazine.com/technology/m...
1 replies 0 reposts 0 likes