News
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
view the rest of the comments
Food is not through the roof
https://tradingeconomics.com/united-states/food-inflation
2.2% vs. the previous year
Yeah and look 2 years back on your same graph and see the big 11% in one month.
And let's not forget that this is multiplicative. So these months/years with high inflation are still felt today even if the inflation is relatively normal.
But you are disingenuous in your arguments, while accusing others of doing that same thing.
So kindly fuck off
That's in line with the inflation numbers. Food costs did not outpace inflation in any significant way
If the food cost follows the inflation and the inflation is 20%, will you say that food prices are ok because they follow inflation?
It would be fine if the wage followed the same inflation as food and housing, but the reality is that wage lag and stagnate behind inflation.
So yeah, if your groceries cost you 20% and you haven't received an equivalent wage increase, then your groceries cost significantly more in absolute term because you still have the same money as before, but your food cost more for the same grocery basket you bought before inflation.
But again, you are disingenuous, so probably just a troll. I won't respond anymore.
I would say you can't use food as an argument for why 20% inflation is a wrong number
Remember, the inflation-adjusted earnings also have to go up 20% just to stay the same. You don't have the same money as before, your paycheck must increase by 20% for your real earnings to stay the same.
If the graph says real earnings are up 1%, your paycheck went up 21%
If your paycheck didn't increase, then you can just say that it didn't track the inflation numbers, food prices or whatever doesn't matter since it's the real earnings that are too low