Post AXck9jfXGsndbrtBdg by CarlG314@universeodon.com
 (DIR) More posts by CarlG314@universeodon.com
 (DIR) Post #AXcVfwUFeQnDJnVhaa by KimPerales@toad.social
       2023-07-12T13:56:01Z
       
       0 likes, 1 repeats
       
       Inflation was 3% in June (y/y). That's an incredible drop from a year ago when inflation was 9.1% (y/y) in June 2022.Rent/shelter accounted for 70% of inflation in June 2023.**Wages are now rising faster than inflation** -Heather Long#Bidenomics #Biden2024 https://www.washingtonpost.com/business/2023/07/12/june-cpi-inflation-report/?utm_medium=social&utm_source=twitter&utm_campaign=wp_main
       
 (DIR) Post #AXck9jfXGsndbrtBdg by CarlG314@universeodon.com
       2023-07-12T16:38:15Z
       
       0 likes, 0 repeats
       
       @KimPerales And yet those same politicians who howled last year that Biden was to blame for inflation are conspicuously silent now.And both last year and this year inflation in the US has been below the G7, so Biden must be doing something right.