July Inflation Remained at Highest Rate Since 2008 - How Do You Feel About Rising Prices?

Inflation is a form of tax

You can thank the last administration for this discomfort. If anyone still feels violated, there are states that will take you. The rest of us will be patient for our country to recover, we’ll wear a damn mask, get a covid shot and get off the damn dole. Is there a vehicle flag out there that says that? Maybe a car wrap…

As always when prices go crazy, we will do without. I can't imagine that Congress will solve the problem.

I don’t like increasing prices but do not yet consider them to be representative of fundamental inflationary pressures. Employment in this country is increasing rapidly and our consumption is as well. Our supply chains for some foodstuffs, produced goods and critical materials are multi-National and our many of our suppliers are still dealing with the Pandemic. Increased consumption leads to increased demand. Broken supply chains and ‘free-market’ profiteering all lead to higher prices. Any growing economy brings some inflationary pressure but the levels we are seeing now are much greater than that due to the need to rebuild broken supply and distribution networks. It takes time to restore broken economies and world wide commerce. Chill out.

The goal of the Democratic Party is not only bankrupt the country. It’s to bankrupt us too

I’m not liking the increase in prices, however I realize this is part of the recovery process. I believe prices will stabilize once the economy recovers…that means addressing vaccinations! The virus will continue to mutate as long as we allow it to replicate! The only ways to stop replication: 1. Hosts die 2. Hosts become immune (the fastest way is through vaccination) As long as COVID-19 is a threat the economy will not fully recover, prices will continue to rise (and schools will move to remote learning).

This is what you get when Democrats spend more and stop crying about if you voted for them. We all sink together as the Tax the miles we drive each year a part of the infrastructure bill page 508, something they tried in California and was shot down.

Not concerned and prices will double next year for basic food staples due to a variety of factors around the world More concerned about the stupidity displayed by 50% of the US population so called ‘conservatives’ who feel that basic precautions are encroaching on their ‘freedom’ even if concerned parents of unvaccinated young want to protect themselves! All inbound and outbound container services at Meishan terminal in Ningbo-Zhoushan port were halted Wednesday until further notice The chinese shut down their busiest port due to one case of infection and here the gop, Dumbkopf’s agents, bozos of florida & texas are spreading misinformation and hate Go figure! Please protect your kids and families! Ignore these clowns Let them jump over the cliff

Still too early to call considering the pandemic is stil raging through the world with its effects to labor and supply chains. Let’s not forget we haven’t yet fully been able to negotiate a return to status quo with our trading partners after the disastrous tariff wars were begun by the orange buffoon. Is it a sustained unreasonable rise or is it simply lack of supply with fast increases in demand pushing up prices? Is it some greedy companies seeing lower end wages gain moderate increases to almost near the level they should be and think they can gouge them further? My bet is it’s a bit of all of these and of course it’s the average joe who’s going to take it in the neck till it sorts itself out.

Perfect example of when you have bureaucrats who been living off taxpayers for 20+ years you will end up with a dysfunctional, tyrannical and growing government. Interesting fact that average age of democrats in office is 70’s but republicans average ages is in the 40’s. Happy with this trend as people are waking up to this tyranny and socialist agenda as they see their spending power is less and their savings is reduced to the point that retirement will remain a dream rather than a reality for many.

Since we all know SS and wages haven’t increased to meet these increases, what is to be said is we should be angry about corporate greed.The same thing happened after the bank crisis.

Guess what folks, if Delta gets much worse, you’ll be complaining about high inflation for years to come! In addition to the scarcity due to Global Freaking Warming! To those who care about their personal economy and that of the nation, think about the fact that the incoming governor of NYS is definitely going to do a mask mandate, and the most prominent teachers' unions support vaccine mandates. Further, incoming NYS Governor Kathy Hochul is contemplating school shutdowns if the Delta variant spreads. “Incoming NY Governor Kathy Hochul WILL introduce mask mandate in classrooms and threatens to shut down schools again if 'Delta variant spirals out of control.'” https://www.dailymail.co.uk/news/article-9887325/Kathy-Hochul-hints-shut-schools-reintroduce-lockdowns.html Covid Live Updates: Largest U.S. Teachers’ Union Backs Vaccine Mandate The support from the National Education Association follows that of the powerful American Federation of Teachers. The U.S. Department of Health and Human Services will require 25,000 of its health workers to be vaccinated. https://www.nytimes.com/2021/08/12/world/teachers-union-vaccine-mandate.html Also, in the above article “The announcement comes after Randi Weingarten, the powerful leader of the American Federation of Teachers, another major education union, signaled her strongest support yet for vaccine mandates on Sunday.”

First we need to debunk this whole nonsense about the rich not paying their fair share. https://taxfoundation.org/summary-of-the-latest-federal-income-tax-data-2020-update/ The top 1% pay 40% of all taxes collected, top 10% pay over 70% of all taxes and the top 50% of earners pay 97% of all taxes. ONLY HALF OF ALL INCOME EARNERS PAY ALMOST ALL TAXES! Now we can have a discussion about where all those taxes are being allocated. or wealth inequality which are both very valid discussion points but it can not be denied that we have one the most progressive tax codes in the world. As for inflation, Im not worried about seeing how the world is still dealing with the pandemic and I expect it to even out in line with normal 2% over the next 5 years or less.

Capitalism is broken. Tax the rich.

I don’t like rising prices any more than the next guy, but I think they’re the logical result of the awful pandemic we continue to battle, and at least for the time being, I don’t see them as permanent, if you can believe most of the commenting economists. On the bright side, the jobs picture is rapidly improving, corporate profits are relatively strong and Biden’s impressive bipartisan infrastructure bill looks promising. Let’s see what the next 6 months brings and go from there. Right now I think our primary objective should be doing everything we reasonably can to get this pandemic under control including significantly increasing the vaccination rate and trying to get politics out of the matter of wearing face masks—which have been clearly shown to be effective.

When you have a lot of ignorant people that still don’t believe Biden is the lawful President NEWS FLASH TRUMP LOST! It takes time after a pandemic to get the economy started again, I think Biden is doing a damn good job. When both the infrastructure bills are passed people will have good paying jobs inflation will level out supply lines will be reestablished. We will get back to normal.

Marylynn, loved it! ❤️😊👏🏻👍🏻 You go, Girl!

A non event fanned by conservative louts. Core inflation is a-okay and that is what we measure.

Right on, Marylynn! I believe they are, mostly, trying to make up for their losses last year! Disgusting!

Since I started posting on Causes, I have been thinking a little bit about how to deal with “Karens.” (Yes, Virginia, men can be "Karens," too, sometimes the males are called "Kevins“.) Mostly my approach has been to forego responding to their ridiculous, reactionary, prejudiced, and occasionally hate filled comments. I’ve surmised that they are more than willing to share their ill formed opinions, ss well as regurgitate current right-wing propaganda including the intentional misinformation. I doubt that they fully believe in their venom, but they do seem to relish their self-righteousness. I do wonder if they intend to insult others, or are looking for validation from like minded “Karens,” or just need to mouth off without regard to the reactions of others. I have read that some Karens are part of one or another propaganda machine sponsored by American or Foreign Political Entities. Anyway... Others have given Karens and Kevins much more thought. First, I thought the term was a recent conceit, while its use seems to have accelerated over the last 20 years, it turns out there is a long history to the term. https://en.wikipedia.org/wiki/Karen_(slang)? There is even a related term, "Becky." https://en.wikipedia.org/wiki/Becky_(slang)? The term "Karen" has picked up quite a bit of baggage since it first started being used. Most significantly in my mind is that most Karens are an advanced class of Trump minion, still a few ranks below violent activist, sycophant, acolyte, and enabler. See The world's most obnoxious creature: How to spot a Karen in the wild https://kulturehub.com/karen-racist-white-woman/ What Are the Best Ways to Deal With an Angry Karen? by Paul Abela, Mac https://link.medium.com/P2ULxsfpFib