• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

Core Inflation Falls To Lowest Rate In Four Years

so much for recession.time to lower rates
rices barely climbed in April, pulling the annual rate of inflation down toward the Federal Reserve’s two percent target, even while personal income climbed at a rapid rate.


The personal consumption price index climbed 0.1 percent in April, the second month in a row in which consumers got relief from inflation that had plagued the economy throughout the Biden administration. In March, the index showed prices were flat.


Compared with a year ago, prices are up just 2.1 percent. That just one-tenth above the two percent rate of inflation the Fed says it targets. In March, prices were up 2.3 percent from a year earlier.


Core prices, a measure that excludes food and energy, also rose 0.1 percent. Over the past year, core prices are up 2.5 percent, the smallest year-over-year increase since March of 2021.
one word "Breitbart"

Dont waste your time folks.
 
Look at the lefties being angry that inflation is being brought under control. They’d rather die of starvation because of Bidenflation than admit they were wrong. 😂
delusional post.
 
so much for recession.time to lower rates
rices barely climbed in April, pulling the annual rate of inflation down toward the Federal Reserve’s two percent target, even while personal income climbed at a rapid rate.


The personal consumption price index climbed 0.1 percent in April, the second month in a row in which consumers got relief from inflation that had plagued the economy throughout the Biden administration. In March, the index showed prices were flat.


Compared with a year ago, prices are up just 2.1 percent. That just one-tenth above the two percent rate of inflation the Fed says it targets. In March, prices were up 2.3 percent from a year earlier.


Core prices, a measure that excludes food and energy, also rose 0.1 percent. Over the past year, core prices are up 2.5 percent, the smallest year-over-year increase since March of 2021.
Finally, recovering from the covid/trump induced inflationary period.
 
Which is why we wait for this quarter's numbers, to actually determine if we're indeed in a recession.

But we've already had one quarter of receding growth, and now we're seeing falling price growth alongside falling consumer demand in this quarter. At the least, we need to remain vigilant.

I’m not waiting. T-bills and chill. 😎 And bonds, because all of the “experts” are saying they “suck.” 😆 “Suck” is music to my contrarian ears. I mean, how will we have accelerating inflation when the M2 money stock is lower than it was three years ago? Throw in massive levels of consumer debt and the potential for the collapse of asset bubbles in stocks, housing, and crapto, and I’ll take my chances on the sucky bonds.
 
one word "Breitbart"

Dont waste your time folks.
You are correct in not trusting a conspiracy theory source, but this time, the have been honest.

...

1748642976361.webp
 
and you believe this shit from breitbart? LOL
the gullibility
No, I don't.
But you're being obtuse.

It's easy to find the data from a reputable source. And I did it for you in another post I did to you.

One doesn't need to be an arse on every post. You've made yourself look foolish

To quote your words in a post you did a few minutes ago, delusional post.
 
😂

The economy during Biden’s term absolutely boomed beyond anything we have seen this century.
Childhood poverty doubled, consumer debt hit record levels, credit card delinquencies hit record levels, food stamp usage hit record levels...

The rich got richer under Biden- the poor suffered.

That's only a boom if one thinks rich people getting richer and poor people getting poorer is a good thing.
 
Last edited:
Wow. How easily people succumb to brainwashing.

Trump ended his 1st term with a net job loss. How do you figure that this is a strong, growing economy?
Biden inherited a booming economy that was seeing massive reductions in unemployment, low inflation and massive positive gains in income and multiple quarters of gdp growth, falling childhood poverty. It was the envy of the world.

Pretty good start for any president.
 
Damn close, it is all types of debt that end up a weight on how consumers spend the rest.

Last I checked, and there were a few surprises, the debt by type is in this order:

1 - Mortgage debt
2 - Automotive debt (just flipped with 3)
3 - Student Loan debt
4 - Credit Card debt
5 - HELOC debt (home equity lines of credit.)

All 5 are at record numbers this year. What that really means, economically speaking on a larger scale, is the average person is already spending a significant percentage of their income on prior already spent commitments. So there is less disposable income in the event of emergency, the ole "percentage of Americans living paycheck to paycheck" debate because of general expectations of how various income quintiles are participating in the economy.

The further you go down the income levels the greater the impact of inflation
, sometimes sharp Core PCE falling is not terrible news but *usually* it means something is coming economically speaking.

In this case, if we have 2 consecutive quarters of GDP decline (sometimes called sustained decline in economic activity.) People earning slight more, saving slightly more, slowing down spending certainly qualifies as "we should be concerned," because the why this happening suggests consumer sentiment is headed downward.

Not good news no matter how Trump loyalists spin this into some sort of win.
All 5 are at record numbers this year. What that really means, economically speaking on a larger scale, is the average person is already spending a significant percentage of their income on prior already spent commitments. So there is less disposable income in the event of emergency, the ole "percentage of Americans living paycheck to paycheck" debate because of general expectations of how various income quintiles are participating in the economy.

The further you go down the income levels the greater the impact of inflation

fair analysis.. Inflation kills growth after people maxx out their debts
 
Last edited:
Biden inherited a booming economy that was seeing massive reductions in unemployment, low inflation and massive positive gains in income and multiple quarters of gdp growth, falling childhood poverty. It was the envy of the world.

Pretty good start for any president.
Repeating a lie doesn't make it true.

What President Biden Inherits
Summary
As President Joe Biden takes office, he inherits:

The worst disease outbreak in over a century, which is spreading faster and killing more people in the U.S. than at any time since it began one year ago.
Highly effective vaccines that so far have reached only 4% of the public.
An economy struggling with 10 million jobless and millions more out of the workforce.
A rising tide of murders — up nearly 36% last year in major cities.
Federal debt the highest since World War II, as a percentage of the U.S. economy, and an annual deficit running at $2.3 trillion this year — even before Biden asks for a $1.9 trillion aid package.
More monthly illegal border crossings from Mexico than before Donald Trump took office, despite 453 miles of new or upgraded barriers along the nearly 2,000-mile line.
These are some of the numbers by which the future successes or failures of the new president will be measured.
 
I've lost track. What is the current tariff on Chinese imports?
Lets see... 10% plus 2 big macs, 3 Fish o Filet, a Diet Coke, a half a kilo pure Colombian cocaine for Don JR, 2 porn stars with Time Magazine.... and a couple million on his Chinese bank accounts. Maybe a blowjob from some Chinese sex slave..
 
Childhood poverty doubled, consumer debt hit record levels, credit card delinquencies hit record levels, food stamp usage hit record levels...

The rich got richer under Biden- the poor suffered.

That's only a boom if one thinks rich people getting richer and poor people getting poorer is a good thing.
The economy, for everyone, absolutely boomed during Biden’s presidency. More so than any other president this century.
 
Biden inherited a booming economy that was seeing massive reductions in unemployment, low inflation and massive positive gains in income and multiple quarters of gdp growth, falling childhood poverty. It was the envy of the world.

Pretty good start for any president.
Why do you trumpers post things you know aren’t true?
 
We all remember Biden's "recessionary quarter." Some thought it was a big deal, and. Massive turn around from the strong and growing economy he was gifted.

What President Biden Inherits​

Jobs and Unemployment

As Biden takes office the economy is struggling and job growth has stalled.

Employment — After losing 22.1 million jobs in March and April, the economy regained 12.1 million from May through November — but then lost 140,000 jobs in December.

The number of Americans employed in December was 142 million, or 3 million fewer than when Donald Trump became president and 9.8 million below the pre-recession peak in February.

Unemployment — The unemployment rate stood at 6.7% last month — well above the historical norm of 5.6%, which is the median rate for all months since 1948.

The number of people officially listed as unemployed stood at 10.7 million in December, about where it was just over seven years earlier when the nation was recovering from the Great Recession of 2007-2009.


And the rate would be even higher but for the fact that 3.9 million people have stopped looking for work since February and are no longer part of the labor force. The unemployment rate is the percentage of those adults in the labor force who have looked for work in the previous four weeks.

https://www.factcheck.org/2021/01/what-president-biden-inherits/
 
I’m not waiting. T-bills and chill. 😎 And bonds, because all of the “experts” are saying they “suck.” 😆 “Suck” is music to my contrarian ears. I mean, how will we have accelerating inflation when the M2 money stock is lower than it was three years ago? Throw in massive levels of consumer debt and the potential for the collapse of asset bubbles in stocks, housing, and crapto, and I’ll take my chances on the sucky bonds.
One word...Stagflation. That is what economists are predicting due to price increases and shortages from the tariffs combined with low consumer confidence that will depress spending. It appears to be already happening on the spending front.

  • Q1 2025:
    Consumer spending rose only 1.8% year-over-year in Q1, a significant drop from 4.0% in Q4 2024.
  • January 2025:
    Consumer spending fell 0.2% in January, marking the first monthly decline since March 2023 and the largest decrease in inflation-adjusted spending in nearly four years.
    • Discretionary Spending:
      Discretionary spending, particularly on things like clothing, footwear, and motor vehicles, has also shown declines.
    • Retail Sales:
      Retail sales slowed in April to 0.1% after a surge in March, indicating a pullback in consumer demand.
 
eggs have come down. I got gas at $2.78. core prices are slowing down to lowest level increase in 4 years. Ya you missed it
The only reason eggs have come down is because the bird flu is abating. Prices with the tariffs are going to accelerate quickly...
 
One word...Stagflation. That is what economists are predicting due to price increases and shortages from the tariffs combined with low consumer confidence that will depress spending. It appears to be already happening on the spending front.

  • Q1 2025:
    Consumer spending rose only 1.8% year-over-year in Q1, a significant drop from 4.0% in Q4 2024.
  • January 2025:
    Consumer spending fell 0.2% in January, marking the first monthly decline since March 2023 and the largest decrease in inflation-adjusted spending in nearly four years.
    • Discretionary Spending:
      Discretionary spending, particularly on things like clothing, footwear, and motor vehicles, has also shown declines.
    • Retail Sales:
      Retail sales slowed in April to 0.1% after a surge in March, indicating a pullback in consumer demand.
    • Reasons for the Slowdown:
      Factors like higher tariffs, budget pressures, and concerns about inflation have contributed to this slowdown.
    • https://www.google.com/search?q=is+...NTEwMGowajE1qAIAsAIA&sourceid=chrome&ie=UTF-8

I don’t see the parallel between the stagflationary 1970s and early ‘80s and today. Back then we didn’t have asset prices inflated to the moon and households up to their eyeballs in debt. Unlike the Federal Reserve under Chairman Arthur Burns, the Fed under Chair Powell has kept kept a pretty good lid on the money stock in recent years. I don’t see how we get the inflation without more money being injected into the economy, and neither do monetarist economists like Johns Hopkins’ Steven Hanke. And home prices will need to deflate in order to get the housing market moving again. Lower interest rates won’t do it alone, and taxes, insurance, building costs, and maintenance/upkeep aren’t likely to drop either. Then there is the spending from the wealth effect thanks to record-high stock prices. When those drop and speculators start getting margin calls, there goes that spending gravy train.
 
Damn close, it is all types of debt that end up a weight on how consumers spend the rest.

Last I checked, and there were a few surprises, the debt by type is in this order:

1 - Mortgage debt
2 - Automotive debt (just flipped with 3)
3 - Student Loan debt
4 - Credit Card debt
5 - HELOC debt (home equity lines of credit.)

All 5 are at record numbers this year. What that really means, economically speaking on a larger scale, is the average person is already spending a significant percentage of their income on prior already spent commitments. So there is less disposable income in the event of emergency, the ole "percentage of Americans living paycheck to paycheck" debate because of general expectations of how various income quintiles are participating in the economy.

The further you go down the income levels the greater the impact of inflation, sometimes sharp Core PCE falling is not terrible news but *usually* it means something is coming economically speaking.

In this case, if we have 2 consecutive quarters of GDP decline (sometimes called sustained decline in economic activity.) People earning slight more, saving slightly more, slowing down spending certainly qualifies as "we should be concerned," because the why this happening suggests consumer sentiment is headed downward.

Not good news no matter how Trump loyalists spin this into some sort of win.

Our economy has been a house of cards for so long now that there is no such thing as good news (IMO, of course).

I am so glad I decided to educate myself when I was young and make good economic choices. I can't imagine carrying around that kind of debt. A mortgage is one thing, as are student loans--I paid off $250k in student loans myself--but credit card, auto, and HELOC debt, at least when it's not being used to improve the property, is an abysmal fiscal state to be in every day of one's life. No wonder so many people are chronically anxious and/or depressed.
 
Our economy has been a house of cards for so long now that there is no such thing as good news (IMO, of course).

I am so glad I decided to educate myself when I was young and make good economic choices. I can't imagine carrying around that kind of debt. A mortgage is one thing, as are student loans--I paid off $250k in student loans myself--but credit card, auto, and HELOC debt, at least when it's not being used to improve the property, is an abysmal fiscal state to be in every day of one's life. No wonder so many people are chronically anxious and/or depressed.
Trump wants to add 3 trillion to our debt....that should be a real winner..
 
Trump wants to add 3 trillion to our debt....that should be a real winner..

W. Bush added about $4.8 trillion. Obama added $9.3 trillion. Trump added $7.9 trillion in his first term. Biden added $8.4 trillion in his only term.

What's another 3 trillion thrown into the mix at this point after 25 years of reckless spending by both parties? We're already screwed either way due to all these clowns. One day it'll all come crashing down. It's a guarantee at this point. People should've listened to us non-party people who were trying to warn everyone between 2001-2017. Going against it in 2025 is too little, too late.
 
W. Bush added about $4.8 trillion. Obama added $9.3 trillion. Trump added $7.9 trillion in his first term. Biden added $8.4 trillion in his only term.

What's another 3 trillion thrown into the mix at this point after 25 years of reckless spending by both parties? We're already screwed either way due to all these clowns. One day it'll all come crashing down. It's a guarantee at this point. People should've listened to us non-party people who were trying to warn everyone between 2001-2017. Going against it in 2025 is too little, too late.
This one bill will add 3 trillion....and it will take away necessary programs in the process...Trump has already added 8 trillion without the 3 trillion...
 
Back
Top Bottom