140
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 15 Feb 2024
140 points (89.8% liked)
News
36384 readers
811 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious biased sources will be removed at the mods’ discretion. Supporting links can be added in comments or posted separately but not to the post body. Sources may be checked for reliability using Wikipedia, MBFC, AdFontes, GroundNews, etc.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source. Clickbait titles may be removed.
Posts which titles don’t match the source may be removed. If the site changed their headline, we may ask you to update the post title. Clickbait titles use hyperbolic language and do not accurately describe the article content. When necessary, post titles may be edited, clearly marked with [brackets], but may never be used to editorialize or comment on the content.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials, videos, blogs, press releases, or celebrity gossip will be allowed. All posts will be judged on a case-by-case basis. Mods may use discretion to pre-approve videos or press releases from highly credible sources that provide unique, newsworthy content not available or possible in another format.
7. No duplicate posts.
If an article has already been posted, it will be removed. Different articles reporting on the same subject are permitted. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners or news aggregators.
All posts must link to original article sources. You may include archival links in the post description. News aggregators such as Yahoo, Google, Hacker News, etc. should be avoided in favor of the original source link. Newswire services such as AP, Reuters, or AFP, are frequently republished and may be shared from other credible sources.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 2 years ago
MODERATORS
https://www.marketplace.org/2023/02/14/bls-index-consumer-price-index-formula-calculation/
If CPI was 10% last year, and its 3% this year, that means its up 13.3% total over 2 years ago. Getting back to 2% inflation is meaningless if MANIPULATED inflation numbers still cant hit 2% and employees cant afford to live.
Tell us you don't understand macroeconomic statistics without telling us you...ah you get the idea.
The crux of the issue here is that "the economy" as Yellen is concerned with it, is not "the economy" as that rando from Michigan is concerned with it.
Not that either is more or less correct, they're just different.
Yellen always sounds tone deaf though and they really shouldn't put her in front of a hot mic as much as they do. She's not wrong in the things she's saying...but without context and careful speech-crafting, it always lands as "Let them eat financial cake."
Lol, this is unambiguously the message they're sending, and they dropped all subtlety.
"You dont know what youre talking about"
Then instead of just griping about Yellen, correct my mistakes.
Yes, prices are absolutely up from where they were two years ago, and many people are absolutely struggling to afford to live, because grocery prices in particular have remained elevated. What is also true is that prices aren't going up anymore like they were last year or the year before, and prices for lots of things that aren't groceries have actually come down some. What I said to start this was that as prices stabilize or come down, it takes time for that to start positively impacting people's pocketbooks
Still no source
Oh boy, the guy who tries to call me out for not knowing anything cant even click a URL