07-13-2023, 09:31 AM
(07-13-2023, 12:13 AM)BIGDADDYFROMCINCINNATI Wrote: Well, then what you're explaining is the exact policy many in the GOP espouse and this is known as the free market economy. What is the free market willing to pay? Then let the free market decide on its own what they're willing to pay. Does any of this sound familiar when listening to a member of the GOP?
In Ohio, I paid $3.09 for gasoline, $2.99 for a gallon of Milk, and less than $2 for a dozen eggs. So you may want to look into price gouging by your local vendors and consider alternatives. You paid $2.20 for gas b/c no one was using it due to COVID lockdowns and there was a huge supply of oil. What did you pay for a gallon of gas in July of 2018?
Interest rates are high b/c they have been increased to tamp down consumer spending and encourage more fixed-rate savings. This is one of the tools used by the Federal Reserve to help lower and keep inflation in check.
Here's a link that addresses most of the concerns you have and energy and car prices have been dropping tremendously. You also could be experiencing a demand issue b/c many of the auto manufacturers are just now getting their pipeline bottlenecks worked out. If you're car shopping, utilize the internet and be willing to fly someplace and drive your new car home.
https://www.bls.gov/news.release/cpi.nr0.htm
Gas was 2.20 before Covid. Maybe I should talk to all the Dems that run NY. Cali #2. July of 2018 I believe gas was around 2.30-2.50.
Really? I just priced out a new truck. My current truck was bought in 2019 with a sticker of 51080 and I paid 47k. Just built the exact same truck and the sticker is 62k. My truck which is 3.5 years old and has 40k miles on it books for 42k. Prices are not down. I see new and used cars driving with those price stickers on the window for everyone to see and I am like wtf. The prices are insane.
I travel to Cincy once a year. I grew up there and have family still living there. Last time I went pre covid gas was just under 2.00 in some places. I remember taking a picture it was so low.
Not sure what core prices are lower or what you guys are talking about. Maybe you make 100's of thousands a year so it's a non issue. Yes, some crap I don't need to buy has come down. All the things I HAVE to buy are still way up.
I'm not saying Biden is 100% to blame, I'm just calling bs on the "costs going way down", "economy is improving" narrative.
when my NG bill goes back down 75% and my electric bill goes back down 50% and when gas is back down around 2.20 and groceries have dropped 50+% then I will believe the economy is getting better.
