To get a clearer picture of what Bidenflation looks like, we need to compare prices between now and when Biden took office. That’s what TIPPinsights did, and the results show you that Bidenflation isn’t just worse than the White House wants you to believe — it’s worse than you might have realized.

Food prices increased by 20.6% under Biden compared to only 2.2% as per BLS CPI, a difference of 18.5 points.

TIPP CPI data show that Energy prices increased by 29.6%. But, according to the BLS CPI, energy prices improved by 1.9%. The difference between the two is a whopping 31.5 points.

The Core CPI measures the price increase for all items, excluding food and energy. In the year-over-year measure, the Core TIPP CPI is 16.5% compared to 3.8% BLS CPI, a 12.8-point difference.

Further, gasoline prices have increased by 29.9% since President Biden took office, whereas the BLS CPI shows that gasoline prices have improved by 3.9%, a difference of 33.8 points.

  • BobaFuttbucker@reddthat.com
    172·
    8 months ago

    People here seem to think the Oval Office has a secret “raise/lower prices” lever that the sitting President can just walk over to and adjust as needed. It’s not quite as simple as that y’all.

    Is Biden an evil mastermind or a sleepy dementia-addled grandpa? You do realize that both of these can’t be true, yeah?

    • PeepinGoodArgs@reddthat.comOP
      62·
      8 months ago

      It’s as Umberto Eco said

      The enemy is both weak and strong. “[…] the followers must be convinced that they can overwhelm the enemies. Thus, by a continuous shifting of rhetorical focus, the enemies are at the same time too strong and too weak.”