Yes, it does. I predicted inflation and we have seen it in spades in all the key areas that the 99% spend money: healthcare, food, home prices, rent prices. I predicted slow growth and we've see it, with terrible growth in the first quarter and serious flirts with recession in the last few years, as our economy sputters and fails to achieve real liftoff...so much so that the Fed has kept the extraordinary measures of zero percent interest rates and money printing to keep the Fed balance sheet at these high level, for 6 years since the recession ended, even as Congress has continued to deficit spend, which is also a stimulative measure.
LOL. This is the national inflation rate:
The latest inflation rate for the United States is 0.1% through the 12 months ended June 2015 as published by the US government on July 17, 2015. The next update is scheduled for release on August 19, 2015 at 8:30 a.m. ET. It will offer the rate of inflation over the 12 months ended July 2015.
usinflationcalculator.com
MM, its always possible to find a particular business category to be inflationary.........but of course you know that.......or at least I hope you do. That's why the gov't looks at a range of stats to determine how inflationary the economy is.
None of those things are necessary in a healthy economy. But with all time lows in the labor participation rate and all time highs in welfare spending, our economy is in the shittiest shape.
More winger nonsense...........the economy has recovered and the unemployment rate is at its lowest in 15 years:
This other unemployment rate is at its lowest level in 15 years
Citing the labor participation rate is typical winger BS. I am embarrassed for you.
All exactly as a predicted. We're becoming Venezuela. Congrats, Ted, your Socialist agenda is coming true.
If this is a Venezuela economy, then Venezuelans are very lucky people. ;) |
