Post New Article

Consumer prices rose 3.5% from a year
ago in March, more than expected

Original Article

Posted By: Dreadnought, 4/10/2024 9:30:08 AM

The consumer price index accelerated at a faster than expected pace in March, pushing inflation higher and likely dashing hopes that Federal Reserve will be able to cut interest rates anytime soon. The CPI, a broad measure of goods and services costs across the economy, rose 0.4% for the month, putting the 12-month inflation rate at 3.5%, or 0.3 percentage point higher than in February, the Labor Department's Bureau of Labor Statistics reported Wednesday. Economists surveyed by Dow Jones had been looking for a 0.3% gain and a 3.4% year-over-year level.

Post Reply

Reminder: “WE ARE A SALON AND NOT A SALOON”

Your thoughts, comments, and ideas are always welcome here. But we ask you to please be mindful and respectful. Threatening or crude language doesn't persuade anybody and makes the conversation less enjoyable for fellow L.Dotters.


Reply 1 - Posted by: NorthernDog 4/10/2024 9:41:20 AM (No. 1696489)
They show a chart with monthly inflation rates. How about a chart showing cumulative inflation since Joe-Pop took office? It would be around 25%.
25 people like this.

Reply 2 - Posted by: GreatGreyhounds 4/10/2024 9:46:21 AM (No. 1696493)
Liars! Do you really trust Our Government to give us the 'Real' Numbers?
23 people like this.

Reply 3 - Posted by: ussjimmycarter 4/10/2024 9:54:48 AM (No. 1696496)
These are cooked numbers! Inflation is running at 15% annually minimum! Bidenomics! Wait till the banks start to fail! We are close! The commercial real-estate crisis has been delayed because of cheap money! COVID dollars are running out! We are paying for 30 million non citizens to live here and the Government is $35 Trillion in debt! Get into some gold, get your money into a safe cash position because the stock market is going to crash! Worst in our lifetime!
14 people like this.

Reply 4 - Posted by: vhs68 4/10/2024 10:14:55 AM (No. 1696511)
There will be no rate cut this year!!!
10 people like this.

Reply 5 - Posted by: jasonB 4/10/2024 10:15:30 AM (No. 1696513)
EVERY President and Congress is guilty on this. Printing endless money that does NOT exist is the reason for this. Everyone here better start making noise and demanding change. It's unsustainable.
12 people like this.

Reply 6 - Posted by: Californian 4/10/2024 10:22:48 AM (No. 1696519)
Just print more money for all the illegals Joe imports and inflation will be fixed. -Bidenomics
6 people like this.

Reply 7 - Posted by: DVC 4/10/2024 10:48:37 AM (No. 1696535)
"More than expected"? Depends on who is doing the expecting. This is, IMO, a fraudulently LOW figure. Visit a supermarket. Check your gas pump. Gas is up 50% under Joe's destructive efforts. Food is WAY up under the Demonrats. 3.5% is fraud - way lower than the actual effect that ordinary people see.
17 people like this.

Reply 8 - Posted by: Mizz Fixxit 4/10/2024 10:53:25 AM (No. 1696543)
My car insurance premium increased by 11.7 percent this year. That is more than expected.
14 people like this.

Reply 9 - Posted by: Luandir 4/10/2024 11:29:50 AM (No. 1696581)
More than expected.
5 people like this.

Reply 10 - Posted by: Sanddollar 4/10/2024 1:29:58 PM (No. 1696659)
The company that supplies natural gas to my area has asked for a rate increase and so has the electrical company. Gas will soon be $4.00 a gallon. As far as food, some companies instead of increasing their price, reduce the number of items in the package.
6 people like this.

Reply 11 - Posted by: jeffkinnh 4/10/2024 1:43:15 PM (No. 1696669)
Oh no, by Biden Think, inflation was MUCH higher than 3.5 % last year so 3.5% this year is LESS inflation. Inflation is going down! C'mon man! Don't you get it.
2 people like this.

Reply 12 - Posted by: davew 4/10/2024 2:10:24 PM (No. 1696684)
The Consumer Price Index (CPI) is commonly used to measure inflation, but it is subject to some inherent uncertainty and variability. The difference of 0.1% in the CPI inflation rate reported today is not a significant difference compared to the normal variation that can occur due to factors like sampling error, statistical noise and seasonal adjustments. The CPI is calculated based on a survey of prices for a basket of consumer goods and services. This survey data has some inherent variability, and the CPI calculation involves various statistical adjustments that can introduce additional noise into the final figure. Typically, the CPI inflation rate is reported to one decimal place, which means that a 0.1% difference is within the limit of the measurement's precision. It is important to note that economists and policymakers generally focus on broader trends in CPI inflation instead of small, month-to-month variations of this magnitude. Therefore, a 0.1% difference in the CPI inflation number is well within the normal range of statistical noise and variability in this economic indicator. It would not be considered a statistically significant difference that would substantially change the interpretation of the underlying inflation trend.
1 person likes this.

Reply 13 - Posted by: downnout 4/10/2024 2:14:52 PM (No. 1696691)
Well, at least this time they didn’t use the dreaded word “unexpected”….
1 person likes this.

Reply 14 - Posted by: formerNYer 4/10/2024 3:29:40 PM (No. 1696735)
Liars!!! Price rose way more tyhe 3.5% gas alon is up 10+% in the last year and have you checked out the prices of milk, eggs, bread, cars, fertilizer, gas, electric even my garbage pick-up went up 20%
3 people like this.

Reply 15 - Posted by: red1066 4/10/2024 4:28:29 PM (No. 1696771)
Just reinforces the question as to why the last SS increase was only 3,2 percent.
2 people like this.

Reply 16 - Posted by: Strike3 4/11/2024 7:08:12 AM (No. 1697091)
More than expected and much more than reported by Grandma Yellen and the rest of the Biden Clown Show. Who are you going to believe, the government or the prices at restaurants, grocery stores, car dealerships, the gas pumps and your utility companies?
3 people like this.

Reply 17 - Posted by: homefry 4/11/2024 8:10:09 AM (No. 1697127)
That 3.5% works like old timey compound interest used to. Yall remember that? The banks used to tell you all about how compounding interest would make you rich. Well, inflation is compounding now. That 3.5% is of the total of the price NOW, after rising for years.
1 person likes this.

Reply 18 - Posted by: NamVet70 4/11/2024 8:11:49 AM (No. 1697129)
Unexpectedly!
1 person likes this.

Reply 19 - Posted by: Zigrid 4/11/2024 10:40:04 AM (No. 1697217)
It doesn't take much to laugh at biden's figures...I know the truth each time I go to the grocery store and tank up my car....ole Joe is a snake oil salesman....my apologies to snake oil salesmen.....
2 people like this.

Reply 20 - Posted by: Rumblehog 4/11/2024 10:53:07 AM (No. 1697233)
Where's that guy in NYC who protested with his famous sign, "Rent Too High," when we need him most? Did the Dems "off" him, or "pay him off?"
1 person likes this.

Reply 21 - Posted by: DrOstrow 4/11/2024 11:20:07 AM (No. 1697261)
If what I have read is true ( VERY shaky possibility ! ) as some one else stated the increases are cumulative ( like compound interest ). 3% THIS MONTH is on top of where prices were LAST month ! 3% for EACH of 12 MONTHS gives you 36% annually !!! That means prices DOUBLE every 2 years ( we're well on our way !!! ) and in two MORE years they will have quadrupled !! Enjoy the ride folks. this IS NOT going to end until the $%^&*() currency printing presses are STOPPED ! Also interesting that I have been told that 'energy' and 'food' are NOT part of the 'mix' - that eliminates farmers !! And the reason(s) NOT including energy and food are literally a hat full of BS and double talk, courtesy of your elected 'officials' !!!
1 person likes this.

Reply 22 - Posted by: MickTurn 4/11/2024 11:23:12 AM (No. 1697265)
AND Joey is bragging, I DID THAT!...then his staff steps in with the Duc Tape over his mouth...
1 person likes this.

Reply 23 - Posted by: LC Chihuahua 4/11/2024 3:22:32 PM (No. 1697435)
As wasteful government spending increases, so does inflation. Simple as that. The debt continues to increase. What does the government do? Print more money with nothing of value behind it. They either don't understand money or they are all corrupt. I am beginning to wonder if the US is in some kind of unofficial bankruptcy that they aren't talking about.
1 person likes this.

Reply 24 - Posted by: JimBob 4/11/2024 5:28:55 PM (No. 1697484)
3.5%? They sure don't buy the kind of things that I buy! I bought 2 tires for the front of the old minivan last May, $94 a tire. Yesterday I bought 2 tires for the rear of the same minivan. Did a 'reorder' on the tires.... same brand, same model, same size, same seller. Price is now $139. More like 40%.... in less than a year!
0 people like this.

Below, you will find ...
Most Recent Articles posted by "Dreadnought"
and
Most Active Articles (last 48 hours)
Most Recent Articles posted by Dreadnought"
Joe Biden catching up to Donald Trump
in 2024, poll finds
30 replies
Posted by Dreadnought 4/13/2024 10:20:25 AM Post Reply
WASHINGTON – President Joe Biden is catching up to former President Donald Trump’s polling lead, highlighting just how close the 2024 presidential election will be, according to a new poll from the New York Times and Siena College. Trump leads Biden by just one percentage point with both men at 46% and 45% respectively. The survey is a significant boost for the incumbent president who has been lagging behind Trump in recent polling. An earlier New York Times and Siena college poll released in March saw Trump leading Biden by 5 percentage points at 48% and 43% respectively. But Biden appears to be shoring up
Iran’s Islamic Revolutionary Guard Corps
Boards, Seizes Cargo Ship ‘Linked to
Israel’: Report
8 replies
Posted by Dreadnought 4/13/2024 10:13:38 AM Post Reply
Iran’s Islamic Revolutionary Guard Corps seized a cargo ship said to be “linked to Israel,” Iranian state media reported Saturday. The Portuguese-flagged MSC Aries vessel was boarded near the Strait of Hormuz between the United Arab Emirates and Iran and was being transferred to Iran’s territorial waters, according to state news agency IRNA. The ship is said to be operated by the Zodiac shipping company, which IRNA linked to Israeli businessman Eyal Ofer. However, Zodiac stated the ship is managed and operated by U.K.–based shipping company MSC. Video footage shows IRGC commandos rappelling from a helicopter onto the ship.
Terror: Islamist Rampages in Australia,
Videos Show His Deadly Attack and the
Hero Who Confronted Him
13 replies
Posted by Dreadnought 4/13/2024 9:41:15 AM Post Reply
An Islamic terrorist went on a stabbing rampage in a Sydney mall, killing at least six people and stabbing a nine-month-old baby in the process. There was little doubt of the motive given the attack happened outside an Israeli restaurant in a Jewish neighborhood. Clear pictures of the attacker have also been released along with several videos. At one point, the terrorist was confronted by a lone hero, holding him off from continuing to stab people with what appears to be a pole or a bat. A police officer arrived on the scene and dispatched the attacker, though it's unclear how long it took for the response to arrive. Unfortunately,
Watch: Unhinged Pro-Hamas Woman Finds
Out Threatening City Council Members Isn't
a Good Idea
17 replies
Posted by Dreadnought 4/13/2024 1:27:04 AM Post Reply
We've seen a lot of wild actions from the pro-Hamas crew. But even by their standards, the actions employed by a woman at a Bakersfield, California, city council meeting were particularly unhinged. Riddhi Patel (who some media said identified as "non-binary") started off slow, saying she was there to push for a ceasefire resolution. She also spoke about some other issues. But it began to go downhill when she told the council they were "horrible people." Ordinarily, most people would know it's not a great idea to threaten people right to their faces at a city council meeting--on video and in front of
How Desperate Is the Biden Campaign? 9 replies
Posted by Dreadnought 4/13/2024 1:17:22 AM Post Reply
The stock market was down sharply again today, as a result of fears of resurgent inflation. Inflation is second only to senility as a threat to Joe Biden’s campaign, and the campaign is desperate to find an answer. How desperate? They plan to blame Donald Trump: On Wednesday, after the latest inflation data showed an unexpected acceleration in price gains, Mr. Biden again tried to assure voters that he is focused on bringing down the cost of groceries, housing and other staples of everyday life, saying in a statement that “fighting inflation remains my top economic priority.”
Joe Did That: Inflation Costs Americans
an Extra $1K Monthly
9 replies
Posted by Dreadnought 4/13/2024 1:13:17 AM Post Reply
Thanks to the wonders of Bidenomics, the average American is spending over a thousand dollars extra a month. Fortunately, Biden is focused on important things — like funding jihad supporters in Gaza and paying off student loans with taxpayer money the government cannot spare. Fox Business highlighted the $1,069 cost increase compared to three years ago before Joe Biden’s disastrous economic policies drove up inflation higher than Hunter Biden smoking Parmesan cheese. Inflation has allegedly fallen since 2022, but the context for that statement is that inflation is still rising, just at a supposedly slower rate — inflation went up about 18% under Biden
Oh, Now You Like Him?! Disney’s ABC
Hails DeSantis for Cracking Down on Retail Theft
4 replies
Posted by Dreadnought 4/13/2024 1:09:52 AM Post Reply
Exactly two weeks after Disney more or less cried uncle and agreed to a settlement with the State of Florida in its lawsuit over the Parental Rights in Education bill and a few months after Governor Ron DeSantis’s (R-FL) presidential campaign came to an end, Disney-owned ABC had a surprisingly laudatory segment on Thursday’s Good Morning America as they praised DeSantis for “com[ing] down on hard on” porch piracy and retail theft. Oh, how convenient. Now that both fronts of Disney’s pressure campaign — bashing DeSantis for defending children and parents and constantly trashing his presidential campaign to benefit Trump — are over, ABC seems
Manchin: Biden ‘Needs to Move’ to
Get My Support, He Needs to Act to Fix
Border That’s ‘His Fault’
11 replies
Posted by Dreadnought 4/13/2024 1:05:14 AM Post Reply
On Friday’s broadcast of MSNBC’s “Katy Tur Reports,” Sen. Joe Manchin (D-WV) responded to a question on if he’s waiting for President Joe Biden to move to the center to get an endorsement by stating that Biden needs to move to the center and people want him to acknowledge, “we made a mistake at the border, a big mistake at the border, but he’s willing to fix it.” Manchin also stated that Biden should have shut down the influx at the border earlier and that he’s “begging him now, if this can’t be fixed in Congress, to basically do and declare a national emergency, because the border
'I stand with the speaker.' Trump backs
Speaker Mike Johnson amid rebellion from right
15 replies
Posted by Dreadnought 4/13/2024 12:52:45 AM Post Reply
Former President Donald Trump gave House Speaker Mike Johnson a political lifeline Friday amid discontent with his leadership among conservatives in the House, saying, “I stand with the speaker, we’ve had a very good relationship." After a week filled with political setbacks for both men, and as Trump faces the first of four potential criminal trials beginning Monday in Manhattan, two of the country's most powerful Republicans met at Mar-a-Lago to unveil voting legislation they hope will put Democrats on the defensive, even as critics say it’s based on a false premise. Johnson is struggling to govern a fractious GOP caucus that has become increasingly disenchanted with his leadership,
As Predicted, California Has Killed the
Rooftop Solar Market, Now the State Supreme
Court May Step In
16 replies
Posted by Dreadnought 4/13/2024 12:38:37 AM Post Reply
About 2 1/2 years ago I wrote a post titled "California plans to kill the residential solar industry." At the time, I had just had solar panels installed on my roof to save money and within months California announced a new plan (Net Metering 3.0) that would have taxed me and anyone else who owned a rooftop solar system for owning the panels. I predicted that if this plan passed, California's rooftop solar industry would fall off a cliff. The result of Net Metering 3.0 is likely going to be the end of the residential solar industry in California. I have a neighbor who was interested in possibly getting
Judge Denies Hunter Biden’s Motions
to Dismiss Federal Gun Charges
4 replies
Posted by Dreadnought 4/12/2024 9:34:45 PM Post Reply
A Delaware judge denied Hunter Biden’s motions to dismiss his federal gun charges on Friday evening as he awaits trial. U.S. District Judge Maryellen Noreika denied Biden’s motions, which were based on his pretrial-diversion agreement, selective-prosecution claims, and the appointment of special counsel David Weiss, the U.S. attorney for Delaware. Noreika emphatically rejected Biden’s argument that he is the victim of selective prosecution by David Weiss, an appointee of Attorney General Merrick Garland, who was chosen by his father, President Joe Biden. “Thus, Defendant’s articulated protected class is apparently family members of politically-important persons,”
Of Course, DNC Has Quietly Been Paying
Biden's Legal Fees
5 replies
Posted by Dreadnought 4/12/2024 3:56:53 PM Post Reply
If you've heard any of the talking points coming out of the Biden camp in the last few weeks, you've probably heard the one about Trump's legal bills. But it turns out that even as the Biden campaign and the DNC were making that case, the DNC was also paying Biden's legal bills. Here's Biden's campaign finance chairman Rufus Gifford appearing on MSNBC Sunday. "Every single dime that you give the Biden-Harris election campaign, we spend talking to voters," he said. He added, "We are not spending money on legal bills." This ciip of Gifford saying all of that was posted on YouTube by the DNC
Most Active Articles (last 48 hours)
Denver Mayor: ‘We Want to Be a Welcoming
City’ for Migrants, That ‘Requires
Shared Sacrifice’
34 replies
Posted by Imright 4/12/2024 8:30:30 AM Post Reply
During a portion of an interview with CNBC that was recorded in February and aired on Thursday’s “Cities of Success,” Denver Mayor Mike Johnston responded to a question on if the city was too open to migrants and too generous by stating that “it’s a balance. We want to be a welcoming city” but doing that without federal help “requires shared sacrifice, it requires compromise. So, we are both making cuts to city budgets to meet this financial need, and we are making cuts to the amount of services we can provide to the migrants that arrive and to the number of folks that we can serve.”
‘Reacher’ Star Alan Ritchson: ‘Cops
Get Away with Murder All the Time’
33 replies
Posted by sagman 4/12/2024 10:16:18 PM Post Reply
Alan Ritchson, the star of Amazon’s hit show, Reacher, claims to be “very disturbed” that police officers can get away with murdering people “all the time” and are never held accountable for it. The 41-year-old actor cast his accusation about lawless police officers in his interview with The Hollywood Reporter last week in which he made a series of admissions of his extreme views.
Joe Biden catching up to Donald Trump
in 2024, poll finds
30 replies
Posted by Dreadnought 4/13/2024 10:20:25 AM Post Reply
WASHINGTON – President Joe Biden is catching up to former President Donald Trump’s polling lead, highlighting just how close the 2024 presidential election will be, according to a new poll from the New York Times and Siena College. Trump leads Biden by just one percentage point with both men at 46% and 45% respectively. The survey is a significant boost for the incumbent president who has been lagging behind Trump in recent polling. An earlier New York Times and Siena college poll released in March saw Trump leading Biden by 5 percentage points at 48% and 43% respectively. But Biden appears to be shoring up
Biden Admin Has Flown Over 400,000 Migrants
To Airports Across US
24 replies
Posted by Imright 4/13/2024 6:25:06 AM Post Reply
The U.S. has flown in over 400,000 migrants from a host of countries since President Joe Biden took office, according to Customs and Border Protection (CBP). Under the Biden administration’s CHNV program, some nationals hailing from Cuba, Haiti, Nicaragua and Venezuela can be eligible to come to the United States “in a safe and orderly way” and obtain humanitarian parole status, meaning they are here legally and can obtain work authorization. Over 400,000 migrants hailing from these nations have been flown into airports across the U.S. as of March, CBP said in a statement on Friday.
Speaker Mike Johnson Claims Classified
Briefing Made Him Flip-Flop on Spy Powers Reform
24 replies
Posted by Dreadnought 4/12/2024 12:04:33 AM Post Reply
Speaker Mike Johnson (R-LA) on Wednesday explained his apparent flip-flop on a controversial surveillance law, saying that he now favors limited reforms after receiving a classified briefing. Speaker Johnson was asked by reporters why he changed his opinion on reforming Section 702 of the Foreign Intelligence Surveillance Act (FISA), a controversial surveillance law that is meant to target foreign adversaries, but often surveils Americans’ communications without a warrant. Johnson this week came out against a warrant requirement for Section 702 and moved not to allow an amendment that would have barred intelligence and law enforcement agencies from purchasing Americans’ private information through third-party data brokers. This is considered a run around
NEW: Bombshell Hearing Set, Three D.C.
National Guard Officers to Expose January
6th Committee
22 replies
Posted by Imright 4/12/2024 8:19:32 PM Post Reply
The now-defunct January 6th committee is set to take another gut punch after the emergence of three whistleblowers from the Washington, D.C., National Guard. According to The Daily Mail, which first reported the revelation, the three officers will testify that then-President Donald Trump and then-Acting Defense Secretary Christopher Miller did approve the deployment of the guard to help secure the Capitol Grounds. A hearing has been set for Wednesday in front of the House Oversight Subcommittee, chaired by Rep. Barry Loudermilk.
Ghost Town: Office Buildings in New York
City Set New Record for Emptiness
21 replies
Posted by Imright 4/13/2024 5:56:29 AM Post Reply
New York City has a serious and growing problem with empty office space. Between rising crime, high taxes, and the crazy rules of the pandemic a few years ago, people have fled the city in huge numbers. Now the city is home to a record number of empty office buildings. The lack of revenue from these properties has got to be hurting the city’s bottom line and the policies of the current mayor are not helping. Who would want to spend millions of dollars to open a new office in Manhattan right now? The New York Post reports:
Democrats Will Champion Despicable Pedophilia
Within Five Years, or Less
21 replies
Posted by DW626 4/12/2024 7:16:59 AM Post Reply
Rush Limbaugh warned Democrats would eventually promote pedophilia. Progressivism never stops. Its advocates never say, “This is far enough.” No sooner is one objective completed than left-wing agitators shout that a new social justice battle be waged. For centuries, God-ordained families headed by one biological man and one biological woman have been civilizations’ bedrocks. But just as progressives hunger to rewrite Western Civilization’s history (witness scholastic textbook revisionism and the razing of American Founders’ statuary), they crave cultural destruction. First, they urged same-sex marriages to be legally recognized.
VP Kamala Harris Lauds ATF Rule Forcing
Background Checks on Private Gun Sales
21 replies
Posted by Imright 4/12/2024 4:01:45 AM Post Reply
Vice President Kamala Harris posted a video to X on Thursday in which she praised the ATF’s proposed rule which will force background checks on private gun sales. President Biden boasted about the proposed ATF rule Thursday morning as well. Breitbart News explained that the ATF’s proposed rule changes the definition of what it means to be “engaged in the business of selling guns,” thereby expanding the instances in which an unlicensed seller — i.e., a private citizen — must use the National Instant Criminal Background Check System (NICS) to sell or transfer a gun.
New York City Council Opens Meeting by
Praising Allah as the Supreme Lord of
the World (Video)
19 replies
Posted by Imright 4/12/2024 10:32:10 PM Post Reply
The New York City Council opened its Thursday meeting with an invocation praising Allah, recognized in Islam as the supreme deity. Imam Abdoulazakou Traore of the Darou Salam Islamic Community Inc. led the council in prayer, beginning with an Arabic recitation followed by an English translation that expressed reverence for Allah as the “Lord of the world” and sought guidance for the city’s lawmakers. The New York City Community Affairs Bureau estimates the Muslim population in the city to be between 800,000 and 1,000,000, with other sources citing numbers as high as 1.4 million. This demographic makes New York home to the largest Muslim population in the country,
With the U.S. on the Brink of War With
Iran, the Biden Administration Tries One
Last, Desperate Ploy
19 replies
Posted by Dreadnought 4/12/2024 10:36:49 AM Post Reply
At the end of Donald Trump's presidential term, Iran was nearing an economic collapse with little ability to project strength outside of funding terrorist proxies. Internal revolutions were brewing, and the Mullahs were in their weakest position in decades. Then Joe Biden took over. Since then Iran has been revitalized, seeing significant growth in its military budget due to the waiving of sanctions. The Islamic power has also come far closer to developing usable nuclear weapons. What did the United States get in return? It received a frayed relationship with long-time ally Saudia Arabia and absolute chaos from Kabul to Tel Aviv.
Cops Seize E Jean Carroll’s Unregistered
Gun After National Pulse Report.
18 replies
Posted by Beardo 4/13/2024 4:07:50 AM Post Reply
New York police took custody of an unlicensed firearm belonging to anti-Trump activist E. Jean Carroll following a report from The National Pulse. (snip) During the trial, Carroll informed the federal court in lower Manhattan that she kept the firearm, a “high standard revolver, nine chambers”, along with ammunition at her home, next to her bed. She also admitted to not possessing a firearm license. (snip) Under NY state law, possession of an unregistered firearm can lead to a criminal possession charge with a maximum sentence of four years.
Post New Article