« previous next »
Pages: [1]   Go Down

Author Topic: Cost of living rises at fastest rate in decade  (Read 1789 times)

0 Members and 1 Guest are viewing this topic.

Online mystery-ak

  • Owner
  • Administrator
  • ******
  • Posts: 401,860
Cost of living rises at fastest rate in decade
« on: August 10, 2018, 06:39:49 pm »
Cost of living rises at fastest rate in decade
By Justin Wise - 08/10/18 04:47 PM EDT

The cost of living in the U.S. is rising at its fastest rate in 10 years, according to new data from the Labor Department.

The data, released Friday, revealed that consumer prices increased 2.9 percent in July from the year before, meaning Americans may be earning less than they did at this time last year.

The consumer price index, meanwhile, rose 0.2 percent last month, which analysts largely attributed to rising housing costs, CNBC reported. Annual inflation remained unchanged from June's pace at 2.9 percent.

Energy, medical care and apparel costs dropped in July, while food prices ticked up. 

more
http://thehill.com/blogs/blog-briefing-room/news/401321-cost-of-living-rises-at-quickest-rate-in-10-years
Logged
Proud Supporter of Tunnel to Towers
Support the USO
Democrat Party...the Party of Infanticide

“Therefore do not worry about tomorrow, for tomorrow will worry about itself. Each day has enough trouble of its own.”
-Matthew 6:34

Offline skeeter

  • Hero Member
  • *****
  • Posts: 14,617
  • Gender: Male
Re: Cost of living rises at fastest rate in decade
« Reply #1 on: August 10, 2018, 06:45:35 pm »
So the price of housing went up, period. Yeah, thats common in a booming economy.
Logged

Online rustynail

  • Hero Member
  • *****
  • Posts: 4,757
Re: Cost of living rises at fastest rate in decade
« Reply #2 on: August 10, 2018, 07:07:19 pm »
But it is summertime and the living is easy.
Logged

Online Wingnut

  • The problem with everything is they try and make it better without realizing the old way is fine.
  • Hero Member
  • *****
  • Posts: 21,338
  • Gender: Male
Re: Cost of living rises at fastest rate in decade
« Reply #3 on: August 10, 2018, 07:17:12 pm »
Not fake news but distorted news that The Hill is famous for.

Logged
You don’t become cooler with age but you do care progressively less about being cool, which is the only true way to actually be cool.

Offline skeeter

  • Hero Member
  • *****
  • Posts: 14,617
  • Gender: Male
Re: Cost of living rises at fastest rate in decade
« Reply #4 on: August 10, 2018, 07:31:51 pm »
Quote from: rustynail on August 10, 2018, 07:07:19 pm
But it is summertime and the living is easy.

And Bradleys on the microphone.
Logged

Offline corbe

  • Hero Member
  • *****
  • Posts: 33,979
Re: Cost of living rises at fastest rate in decade
« Reply #5 on: August 10, 2018, 07:46:19 pm »
    Gas @ $2.49/gal in Texas seems to be the new 'normal', now. Living alone (anyone surprised?) I do my own shopping and grocery prices increase every month, just like they did 8 years under obummer.  I'm retired and comfortable but I know a lot of working stiffs with loving families and it's a struggle. 
Logged
No government in the 12,000 years of modern mankind history has led its people into anything but the history books with a simple lesson, don't let this happen to you.

Offline Victoria33

  • Hero Member
  • *****
  • Posts: 4,804
  • Gender: Female
Re: Cost of living rises at fastest rate in decade
« Reply #6 on: August 10, 2018, 08:09:44 pm »
Grocery prices rise - and amount in the package is less.  We buy a lot of fresh fruit and the prices are going out of sight.  We eat blueberries every morning and the price keeps going up regardless of the time of the year.  A household with kids can't afford apples.
Logged

Online roamer_1

  • Hero Member
  • *****
  • Posts: 35,539
Re: Cost of living rises at fastest rate in decade
« Reply #7 on: August 10, 2018, 08:15:36 pm »
How can you possibly print nearly $3T without causing inflation?
You can't.
Logged

Online Wingnut

  • The problem with everything is they try and make it better without realizing the old way is fine.
  • Hero Member
  • *****
  • Posts: 21,338
  • Gender: Male
Re: Cost of living rises at fastest rate in decade
« Reply #8 on: August 10, 2018, 08:17:09 pm »
Quote from: Victoria33 on August 10, 2018, 08:09:44 pm
Grocery prices rise - and amount in the package is less.  We buy a lot of fresh fruit and the prices are going out of sight.  We eat blueberries every morning and the price keeps going up regardless of the time of the year.  A household with kids can't afford apples.


"Trump Stealing apples from Children"
Logged
You don’t become cooler with age but you do care progressively less about being cool, which is the only true way to actually be cool.

Online Bigun

  • Hero Member
  • *****
  • Posts: 34,279
  • Gender: Male
  • Resistance to Tyrants is Obedience to God
    • The FairTax Plan
Re: Cost of living rises at fastest rate in decade
« Reply #9 on: August 10, 2018, 08:17:42 pm »
Quote from: skeeter on August 10, 2018, 06:45:35 pm
So the price of housing went up, period. Yeah, thats common in a booming economy.

The FED let them ride for eight years of Obama but is now all of a sudden raising interest rates. 
Logged
"I wish it need not have happened in my time," said Frodo.

"So do I," said Gandalf, "and so do all who live to see such times. But that is not for them to decide. All we have to decide is what to do with the time that is given us."
- J. R. R. Tolkien

Offline endicom

  • Hero Member
  • *****
  • Posts: 5,620
Re: Cost of living rises at fastest rate in decade
« Reply #10 on: August 10, 2018, 08:20:33 pm »
Quote from: The Ghost on August 10, 2018, 08:17:09 pm

"Trump Stealing apples from Children"


Well, last week he was stealing children from their parents so this is a step up.

Logged

Online Wingnut

  • The problem with everything is they try and make it better without realizing the old way is fine.
  • Hero Member
  • *****
  • Posts: 21,338
  • Gender: Male
Re: Cost of living rises at fastest rate in decade
« Reply #11 on: August 10, 2018, 08:21:29 pm »
Quote from: Bigun on August 10, 2018, 08:17:42 pm
The FED let them ride for eight years of Obama but is now all of a sudden raising interest rates.

Burried in the story..."Annual inflation remained unchanged"
Logged
You don’t become cooler with age but you do care progressively less about being cool, which is the only true way to actually be cool.

Offline corbe

  • Hero Member
  • *****
  • Posts: 33,979
Re: Cost of living rises at fastest rate in decade
« Reply #12 on: August 10, 2018, 08:30:31 pm »
Quote from: The Ghost on August 10, 2018, 08:21:29 pm
Burried in the story..."Annual inflation remained unchanged"


    Using the same damn algorithms obummer used for 8 years the CPI is as non reflective of reality in America as is using Labor's unemployment numbers, both of which he called out during his Campaign.   /JS
Logged
No government in the 12,000 years of modern mankind history has led its people into anything but the history books with a simple lesson, don't let this happen to you.

Online roamer_1

  • Hero Member
  • *****
  • Posts: 35,539
Re: Cost of living rises at fastest rate in decade
« Reply #13 on: August 10, 2018, 08:53:42 pm »
Quote from: The Ghost on August 10, 2018, 08:21:29 pm
Burried in the story..."Annual inflation remained unchanged"

Right... everywhere but on the kitchen table, I guess...
Logged
Pages: [1]   Go Up
« previous next »