This comment was literally what crossed my mind when I first heard this. Literally every time I go to the store the prices increase on the shelf for my favorite foods and I’m not joking
They mentioned that in the piece. Lowering inflation rates doesn't mean prices go back down. It means they stop rising as fast. This means that they're gonna stay closer to the same price week on week than they have been. Those pre-Covid grocery prices are gone forever though.
Democrats have been in office for over 3 in half yrs too get this country straightened out and all of a sudden she's just all talk and no do , just blowing a lot of hot air !!! Saying things just to get our votes , I really thing American people is tired of this living administration , there is nothing she can say to make me feel like she can change this country .
Only banks, insurance companies and big companies are enjoying the benefits from the disappearing middle class. We are still suffering 😭 pay checks to pay checks.
And also KAMALA voted and passed three important laws after a 50-50 tie in the Senate: 1. The COVID Economic Relief for low-income Americans.💙 2. The American Rescue Plan Act for small-business owners. 3. The Inflation Reduction Act. 💙 Thanks to Kamala, meal prices in fast-food restaurants are going down, for the first time in 3 years !!
Derek went to law school while on that medication he was discriminated against by using, so how did it impair his judgment or mental capacity to learn law or practice it? I'm so glad to hear he reached his dream and is now a lawyer. Good for him 🎉
@@BasicYTHandle Wally-World, right before covid. Then 6 for a dollar right atrer covid, currently 3 for a dollar for ramen, 130 for 2 of the cheapest box mac and cheese.
She didn't get where she is bc she's dumb. Trump's projecting dumb off himself onto her. Everything he says relates to himself bc he's a malignant narcissist.
Seriously! It's a private, free-market, for-profit industry. We aren't so "socialist" for govt to control the economy. I don't understand how people don't understand this...
@@wqv5423ln generally doctors don’t “tell you what to do with your body”. They can make a prognosis and a diagnosis and give you suggestions for treatment, but unlike the GOVERNMENT, doctors never tell you what you need to do with your body. I don’t want that hillbIlly JD Vance or any other man making legislation over my reproductive rights.
Everything still very expensive what you buy at stores. Clothes, foods, personal needs, house cleaning products, gas prices, lights bills, rent, water still very expensive. What you hear on news prices are going down on everything. That is total lied. You think they would know the truth. I guess they never go to stores.
It Made my heart very happy to see Derrick graduate and get his license as an attorney. Big congratulations to him, a better life is coming for him ahead 🥰👏🏼
I agree. I've been on the same medication. It's no one's business but the patient and their doctor. Congratulations and good luck to him. You deserve it.
Don't ever let anyone make you feel less than you are just because you are taking a medication keeping you from returning to ur addiction which is a disease I am a proud recovering addict and I will see my son graduate this year because I made a choice that my mother was too late to make when her addiction killed her at 46. I just turned 47 this July so we can recover and succeed with or without the critics!!!! Good luck and godbless sir!!!!
Let's also blame the insurance companies for our Opioid Crisis! My insurance refuses to fill lidocaine patches, and the only option left for me are opioids, the one medication my pain doctor agreed to not prescribe but are now forced to the denial of a medication that was working, lidocaine.
I am so sorry. Lidocaine is so simple and very useful v.s. opeoids and all the issues, even if you aren't going to get addicted, the side effects are not worth it for long periods. Depending on why you need it, if it's body pain, that lidocaine roll-on stick instead of the icy hot for muscles, pain, ect, is something I am very thankful for. In dentistry, it's also pretty efficient.
After a bad accident I was prescribed buprenorphin and can finally live a somewhat normal life. Insurance companies can definitely be jerks, but society is worse. Hope you can get what helps you the best.
@leavingitblank9363 half the island still isn't back up since the last hurricane years ago. United States mainland doesn't care. Period! Puerto Rico is just a military post! Just like ALL THE OTHER ISLANDS AND LAND THAT THE U.S IS IN "CHARGE" OF THEIR SO CALLED WELL BEING
Great point. One can examine what McDonald's has done to see a good example of your point. Sometimes companies just increase prices because the other companies are doing so. No increase in operating expense yet they want more profits.
@@morrisparrish76 because he's too stupid to do anything but insult others. Junior high bully that never grew up. So insecure about himself that he has to put down others that are obviously better than him.
If the general inflation rate decreases from 3% to 2%, it still means average prices are increasing 2% per year. Inflation (%) and prices ($) are 'obviously' two different things.
What year did anything ever go down in price? It's generally known that everything goes up in price every year regardless of who's president. That's bc our capitalist economy is one of supply & demand, with prices set by sellers & providers of products & services, not by the executive or any other branch of government. Co-vid interrupted the supply chain, customer demand declined. When co-vid subsided, businesses raised prices to compensate for lost revenue & most haven't lowered them since & are simply price-gouging.
Well done NBC, your coverage tonight on Trump and Harris was well balanced, and your coverage on inflation is good at pointing out that overall prices are still high.
I can't tell if you're being serious or sarcastic. Back in June, Trump mentioned no tax on tips. A fair and unbiased news source wouldn't withhold truth from you. I'm scared we can't trust any source
Inflation going down doesn't mean prices go down. I grew up in the 80's and prices have only gone up, for example I could buy burgers for 69 cents when I was a kid. there you made me oldmansplain.
If the general inflation rate decreases from 3% to 2%, it still means average prices are increasing 2% per year. Inflation (%) and prices ($) are 'obviously' two different things.
Trump constantly saying that Kamala isn't smart, yet he's the one who can't see the difference between "no taxes on tips or social security" and "no taxes on tips for service and hospitality workers." Just to be clear, I'll spell it out. Trump's statement is too broad and too easily abused. If there are no taxes on tips period, then most businesses could easily switch to a tipping model to avoid taxes altogether, even big businesses like lawyers could technically work for tips. And since it's apparently legal for restaurants to charge mandatory tips on the bills, why would it be any different for a lawyer to simply turn his fees into mandatory tips? Instant loop hole, too easy. Kamala is verbally restricting these tax-free tips to service and hospitality workers, the places where you expect low wages and living on tips, where it would be much harder to abuse. In all likelihood, there will probably be a maximum by the time such a thing becomes a law, making it even harder to exploit it. As for why Kamala hasn't committed to not taxing social security, I watched a lawyer explain that one. If you remove the taxes on social security, that only benefits the wealthy. Most people who are living on social security don't make enough to have it taxed in the first place, and the point at which you would have it taxed is already high enough that it shouldn't hurt the people paying taxes on it. So what he's really saying is that he'll make it so that rich people don't have to pay those taxes, and in doing so rob the program of millions of dollars that will instead have to be made up somewhere else. Last I heard his plan was to raise taxes on imports from other countries, including food, so basically the rich won't have to pay for their taxes but the average American will pay more for groceries to compensate for it. Great plan, Donny boy. No notes.
Trump didn't even know the name of the White House. Seriously, in an Easter speech, he said they sometimes call it the Tippy Top building. How can he call anyone else dumb??
Inflation at its lowest in three years? That is laughable. I went to Costco and Walmart today, and I can tell you with 100% certainty that my receipt does reflect lower prices. It's all bs and greed!
If the general inflation rate decreases from 3% to 2%, it still means average prices are increasing 2% per year. Inflation (%) and prices ($) are 'obviously' two different things.
Where do they get these numbers from? I just went to the store today and something I bought less than 2 months ago was $2.99, it is now $6.15! Please state your sources!
Uh, no. It's all smoke and mirrors with statistic measuring methods. And whose wages are growing??? Not mine! Maybe it's California fast food employees?
I like to use this example. If everyone had a million dollars how much would a gallon of milk cost? Under trump we printed 7.8 trillion but most of that went to the rich.
Everything has gone up and they raised money for the campaign in record numbers but where is that effort to raise money for the benefits of low income Americans. Where is that effort for veterans and the elderly. Where is that effort for the homeless!
We are invisible cause we can do nothing for them . But hey, inheriting the earth is pretty good. Except it won't be worth salvaging when they are done consuming it. At least we.......maybe .......what about.......Never mind.
I remember that great tome of American literature by Sen Al Franken. Lies and The Lying Liars That Tell Them. I think of that book every time Trump opens his cesspool of a mouth.
At 4:29 in the video, KAMALA accomplishments: 1. Kamala Harris reduced credit card late fees from $32 to $8.💙 2. Kamala's reduction of junk fees at the banks saves Americans $5.5 billion annually.💙 3. Kamala's elimination of airline junk fees saves Americans $500 million annually. 4. Kamala reduced the price of 41 prescription medicines for low-income Americans and the elderly. 💙 5. Kamala provided health insurance to 20 million poor Americans who have never had medical care before.💙
@@stevepackard8542 And also, KAMALA voted and passed three important laws after a 50-50 tie in the Senate: 6.1. The COVID economic relief for low-income Americans. 💙 6.2. The American Rescue Plan Act for small-business owners. 6.3. The Inflation Reduction Act. 💙 Thanks to Kamala, meal prices in fast-food restaurants are going down, for the first time in 3 years.
@hughjorg4008 please stop the propaganda the inflation reduction act Is nothing to be proud of please look into the bills instead of just listening to the title these bills have maybe 40% going towards what they are named and the other 60% go to complete garbadge that the u.s cannot afford inflation reducing to 3% is normal what is not normal is cost of groceries being up 25% the cost of insurance being up 52 percent this wreckless spending must stop we are rapidly de valuing the dollar
No, what's funny is people like you thinking that prices ever go down from one year to the next, when they know very well they consistently go up each year, regardless of who's president. Co-vid caused inflation all over the world bc it interrupted the supply chain & consumer demand declined. When the pandemic was over, businesses raised prices to compensate for lost profits & have been price gouging ever since. There are three branches of government, which one tells your grocer, gas station, insurance company, banker, landlord what to charge their customers, Legislative, Judicial or Executive? None of them.
I think when we look at prices, we also need to look at Savings' interest and the stock market increases.. your savings should be like 4%...and just the dow Jones since 2019 has gone up 54%, for example, if you invested in dow in 2019 $100 you woild have $230.77 today.. so if you're not living, pay check to pay, check, and have a 401k and savings. You should have more money than any year prior.. I know not every American has stocks or savings.. but if you do, you should have quite a lot more ..also if you own a home it should be significantly increased in value.. many people forget that's part of your equation when you look at how much things cost .. and how the economy is going..
CPI coming to 2.9 is NOT saying prices will go down. They'll just not increase as rapidly. That is so nonsense for the already struggling families. This is HALF TRUTH. Full truth is PRICES ARE NOT COMING DOWN.
Mr. Trump should heed Nikki Haley’s advice. Stop with the childish name calling and stop with the foolish ‘my crowds are bigger than any in history’ Learn what bi-racial means and move on. Nobody wants a buffoon to run the country.
Housing up 22%? My rent has more than doubled since the pandemic. In 2019 my rent was $600. Today it is $1400. In January it will be $1500. It has gone up 8 times in five years not counting next January. My food cost has gone from $30 a week to $50 a week. I have not been able to afford a car in all that time. My healthcare has almost doubled in five years. I don't know where NBC or the government get's it's numbers but the are WAY off. In 2019 Housing was 32% of my gross income. Today housing is 70% of my gross income. In January it will be 75% of my gross income. That will leave me with no money for groceries my next biggest expense. I'm not the only one. I have multiple coworkers who are renting homes three + families each. One is renting a 3 bedroom hone with four families and a total of 18 people in 800 square feet sharing one bathroom with rent being $5300 a month in the hood for a low quality home.
If the general inflation rate decreases from 3% to 2%, it still means average prices are increasing 2% per year. Inflation (%) and prices ($) are 'obviously' two different things.
@@maurits2597California is too large for one gas price, and there are 3 different octanes available (87, 89, and 91). And each local/city economy isn't identical; local prices adjust to what the local economy can bear along with volume. And ... gasoline distribution costs vary - cheaper cost and more volume to huge cities versus driving a tanker 90 miles down highway 1 to fill one gas station, for example. There's simply too much comparing apples to bananas in physically distant and volume-based prices. This is why everyone should be educated in high school on basic economics (if they're not sleeping).
I always look forward to Lester Holt misquoting Trump, like, "Today Trump says he hates Vets." Actual quote by Trump: "I prefer one award over another." Lester was not even close! Which is your favorite Trump misquote from Lester. They are hilarious!
If the general inflation rate decreases from 3% to 2%, it still means average prices are increasing 2% per year. Inflation (%) and prices ($) are 'obviously' two different things.
Has anyone said what happened to the person that pushed a burning car into a gully and started an enormous wildfire ❓‼️ Is he waiting to be sentenced ? Also, haven't they found the people who were damaging rock formations in a national park out west? There was a little girl with 2 men, I believe. Please let us know about both of these incidents‼️
@@diananutt1517 You know, they stopped reporting on it about 10 days ago right before Paradise was about to burn again. I think the Olympics and Walz pushed it out of the cycle.
RE. the piece about the man (Derek) from TN, fighting for his rightful attainment of his law degree: what an injustice to that man. We all want individual Americans to be healthy and contribute to society in meaningful ways, yet the TN justice system has continuously put up ridiculous (and unlawful) road blocks to this man's journey.
Inflation is down (a little). But it's still way inflated. And, prices won't go down. Bet some will still go up. And then, minimum wage will be increased some months later. Only to have the cost of everything go up again. Which puts the minimum wagers back to where they were. But...makes it a little more costly fpr us that made a little more than minimum. And didn't get raises to accomidate the cost of living going up. We need the inflation AND, costs to go way down.
You call it inflation I call it greed.
or called it American Greed
I call it strive for maximum profit…
..."greedflation".
@@bcshelby4926 seemed about right
I call it election time to promote the Dem party; Don't be FOOLED
My local supermarkets hasn’t received the memo on inflation coming down 🥴
Groceries just jumped. WHERE do they shop???
This comment was literally what crossed my mind when I first heard this. Literally every time I go to the store the prices increase on the shelf for my favorite foods and I’m not joking
Stop shopping there. Grow your own or join a community garden.
Great news
They mentioned that in the piece. Lowering inflation rates doesn't mean prices go back down. It means they stop rising as fast. This means that they're gonna stay closer to the same price week on week than they have been. Those pre-Covid grocery prices are gone forever though.
Lol, Ukraine marching into Russia... made my day. 😂
Getting excited over inflation rate is like, you’ve been gaining 10 pounds a year for 4 years and celebrating because this year you only gained 7…
Not really. A healthy economy needs some inflation. The inflation rate is a problem only when it's not balanced by other factors, like income rate.
Prices haven’t come down, just slowed the rate they been creasing. We got 20% higher prices under Komila/Biden administration
Inflation may be down but best believe prices won't go down
Exactly
They are lowering inflation to help kamala win its obivous..
Thank the dems
As they always do, as always, more money to be made. Look how much they printed!
Democrats have been in office for over 3 in half yrs too get this country straightened out and all of a sudden she's just all talk and no do , just blowing a lot of hot air !!! Saying things just to get our votes , I really thing American people is tired of this living administration , there is nothing she can say to make me feel like she can change this country .
Only banks, insurance companies and big companies are enjoying the benefits from the disappearing middle class. We are still suffering 😭 pay checks to pay checks.
So let's blame corporate greed on rising costs.
@@maurits2597where the rightful blame lies
Maybe you should cut back on the tattoos and other extraneous bullsh!t that your budget can't handle.
If you're sufferinmg pay check to pay check you are by definition NOT middle class
Price of insurance, gas, food, healthcare, homes, and cars are higher than ever.
It's down
That’s literally just inflation. It’s been this way for HUNDREDS of years!
And also KAMALA voted and passed three important laws after a 50-50 tie in the Senate:
1. The COVID Economic Relief for low-income Americans.💙
2. The American Rescue Plan Act for small-business owners.
3. The Inflation Reduction Act. 💙 Thanks to Kamala, meal prices in fast-food restaurants are going down, for the first time in 3 years !!
That's how economics works. You can say that at any point in history. It's the rate of inflation that's more relevant.
Bidenonics
Wages are out pacing inflation…. Where is that happening?
Me and alot if people around me. Electricians In Alabama all got very good raises.
2020 our wages approximately $18
Today is $24
More than %20
In fuzzy thinking minds!
@allenhampton3064 I'm glad you got that in Alabama but things still stuck here in Ohio.
@@allenhampton3064 Happy for you... but as a homeowner that sort of sucks to hear.
My heart is with Puerto Rico and its people. 😢❤
Derek went to law school while on that medication he was discriminated against by using, so how did it impair his judgment or mental capacity to learn law or practice it? I'm so glad to hear he reached his dream and is now a lawyer. Good for him 🎉
Prices went up during Covid and Big Business won’t bring them down. Not any Presidents fault.
Biden cut domestic oil production,prices on goods immediately started rising .
Biden at fault. 😅
Glad to see someone didn’t forget what happened during the pandemic
@@niski716 prices surged after the Biden administration cut oil production in USA.
Inflation lowering means prices have gotten so high people can’t afford anything anymore.
Yes. Wasn't too long ago that one could get 6 to 10 Top Ramen or off brand Mac and cheese for $1. Now it's 2 or less for $1
@@SeptemberMeadows 10 for $1 was a LONG time ago.
@@BasicYTHandle Wally-World, right before covid. Then 6 for a dollar right atrer covid, currently 3 for a dollar for ramen, 130 for 2 of the cheapest box mac and cheese.
Wasting dollars on chemicals made for profit not nutrition. I eat organically on food stamps & don't run out.
@@SeptemberMeadows that's cheap to me. 3 for a dollar is 33 cents for 2 and 34 cents for another. That's cheap
Are you serious about inflation? It has NOT improved. This is a real problem for the middle class families.
Groceries need to go down so many Americans must choose between paying bills and eating what would you choose rent or dinner?
rent
Get a job
Rent
Rent
Why?
she might be dumb but not a convict
She didn't get where she is bc she's dumb. Trump's projecting dumb off himself onto her. Everything he says relates to himself bc he's a malignant narcissist.
Welp, at least you admit it!
Anyone with a law degree is intelligent. Ask Gym Jordan who failed the bar around 4 times.
Yeah she sucked a lot to get what she's at😂 she's very smart
And she's still a lot smarter than trump. He didn't even know the name of the White House.... 😂
The rate of which Inflation is increasing is down not inflation itself it's still up 300% sick of the misleading rhetoric.
Food price increase is not the blame of the administration they don't into food factories and change the price and make the packaging Smaller.
Seriously! It's a private, free-market, for-profit industry. We aren't so "socialist" for govt to control the economy. I don't understand how people don't understand this...
Congratulations to you, Derek Scott, Esq.
Can I get your photo number for news the media I have a problem for u to report please get back to me
Wow inflation magically lowers during election season
"No one knows better than me and my doctor what's best for me and my treatment." Yes sir, you are correct! Signed every woman in America.
No, real women disagree with you ! No doctor will tell me what to do with my body !
God & husband !
Thinking is a skill you need to buy
@@ephraimsimable you need a conscience
@@wqv5423ln get back in the kitchen girl or else 👋
@@wqv5423ln generally doctors don’t “tell you what to do with your body”. They can make a prognosis and a diagnosis and give you suggestions for treatment, but unlike the GOVERNMENT, doctors never tell you what you need to do with your body. I don’t want that hillbIlly JD Vance or any other man making legislation over my reproductive rights.
Everything still very expensive what you buy at stores. Clothes, foods, personal needs, house cleaning products, gas prices, lights bills, rent, water still very expensive. What you hear on news prices are going down on everything. That is total lied. You think they would know the truth. I guess they never go to stores.
They think if they say it enough, you'll believe it.
I call it election time to promote the Dem party; Don't be FOOLED
No one is saying prices are going down. Media is saying inflation is going down. You need deflation for prices to actually reverse.
@@Bl00dMaliceThe issue is Trump and his corporate greed. He also put tariffs on the competition so prices are going up.
@@angelathomas4821 What do you mean by "Trumps corporate greed"?
It Made my heart very happy to see Derrick graduate and get his license as an attorney. Big congratulations to him, a better life is coming for him ahead 🥰👏🏼
I agree. I've been on the same medication. It's no one's business but the patient and their doctor. Congratulations and good luck to him. You deserve it.
😅
Don't ever let anyone make you feel less than you are just because you are taking a medication keeping you from returning to ur addiction which is a disease I am a proud recovering addict and I will see my son graduate this year because I made a choice that my mother was too late to make when her addiction killed her at 46. I just turned 47 this July so we can recover and succeed with or without the critics!!!! Good luck and godbless sir!!!!
Props to you Jacqueline and much continued success!
Best News Reporter without all the political biased attitude.
I use to think the same thing, but they are slightly biased. They are great at hiding it. I was so disappointed to learn this
Let's also blame the insurance companies for our Opioid Crisis!
My insurance refuses to fill lidocaine patches, and the only option left for me are opioids, the one medication my pain doctor agreed to not prescribe but are now forced to the denial of a medication that was working, lidocaine.
I am so sorry. Lidocaine is so simple and very useful v.s. opeoids and all the issues, even if you aren't going to get addicted, the side effects are not worth it for long periods. Depending on why you need it, if it's body pain, that lidocaine roll-on stick instead of the icy hot for muscles, pain, ect, is something I am very thankful for. In dentistry, it's also pretty efficient.
After a bad accident I was prescribed buprenorphin and can finally live a somewhat normal life. Insurance companies can definitely be jerks, but society is worse. Hope you can get what helps you the best.
Calling terrorist IOF as animals is an insult to the animals.
I think Puerto Rico would be wayyyyyy better if they WERE NOT UNDER UNITED STATES CONTROL! FRFRFRFR
#FREEPUERTORICO 💯💯💯💯💯💯💯💯💯
I think you're dead wrong. Most PR don't agree with you.
Really? Where would they run when disaster strikes?
@leavingitblank9363 half the island still isn't back up since the last hurricane years ago.
United States mainland doesn't care. Period!
Puerto Rico is just a military post! Just like ALL THE OTHER ISLANDS AND LAND THAT THE U.S IS IN "CHARGE" OF THEIR SO CALLED WELL BEING
Well inflation was not down when I went shopping today. Eggs were 25c more then last week and I can say for sure that NOTHING cost less.
May Love Peace Prevail In The World....
You know the President can't control how company's charge people
Yeah but the Vice President apparently can!
The president can rally congress to do so....but they are all rich anyway so good luck
@@killvision791 no, that would be govt overreach, and Republicans don't want the govt involved in private free-market for-profit industries....
@@killvision791 Hardly.
But he can open the pipeline and drive down the cost of fuel.
Thank you Lester holt for many years of great New broadcast 😮❤🎉
It's not inflation; it's Corporate Greed. Call it what it really is Lester.
Great point. One can examine what McDonald's has done to see a good example of your point. Sometimes companies just increase prices because the other companies are doing so. No increase in operating expense yet they want more profits.
“A rose by another name is still a rose”………..Pete rose
@@morrisparrish76roses have thorns...
Yes…..most everything has some bad with the good! (Roses ain’t exempt!)
Nice to see Lester back at the studio
Thankyou, NBC for your daily informative news programs.😅
That's cap inflation still got me in a choke hold
Aren't you getting a raise every year where you work?
@@Omni0404you getting 20% raises? As a nurse we begged and got 4%
@@mumuzeze Inflation isn't 20% right, and congratulations your wage growth is outpacing inflation.
Complete bs inflation and prices are higher than ever
@Omni0404, my rent also increases every year, and prices haven't come down
Trump talks more about, what he's Against, than what he is for.
& for a damned good reason!
And he's against anyone who is against him. Just like a dictator.
@@morrisparrish76 because he's too stupid to do anything but insult others. Junior high bully that never grew up. So insecure about himself that he has to put down others that are obviously better than him.
@@williamsrdan 👀 demonrat 👀
My grocery store prices are still double, compared to 2020. Where is the so called lower inflation??
If the general inflation rate decreases from 3% to 2%, it still means average prices are increasing 2% per year. Inflation (%) and prices ($) are 'obviously' two different things.
What year did anything ever go down in price? It's generally known that everything goes up in price every year regardless of who's president. That's bc our capitalist economy is one of supply & demand, with prices set by sellers & providers of products & services, not by the executive or any other branch of government. Co-vid interrupted the supply chain, customer demand declined. When co-vid subsided, businesses raised prices to compensate for lost revenue & most haven't lowered them since & are simply price-gouging.
@@hopscotchc6nExactly ! Very well said. We definitely need more/every person educated on basic economics and its distinctions and realities.
Well done NBC, your coverage tonight on Trump and Harris was well balanced, and your coverage on inflation is good at pointing out that overall prices are still high.
I can't tell if you're being serious or sarcastic. Back in June, Trump mentioned no tax on tips. A fair and unbiased news source wouldn't withhold truth from you. I'm scared we can't trust any source
The prices will never go down
I got some good advice. Stay away from the hurricane
2 reasons not to give advice:
Wise men don’t need it &
Fools won’t listen!
😢 I haven't seen a drop in inflation where does he live.😮
Inflation going down doesn't mean prices go down. I grew up in the 80's and prices have only gone up, for example I could buy burgers for 69 cents when I was a kid. there you made me oldmansplain.
If the general inflation rate decreases from 3% to 2%, it still means average prices are increasing 2% per year. Inflation (%) and prices ($) are 'obviously' two different things.
Trump constantly saying that Kamala isn't smart, yet he's the one who can't see the difference between "no taxes on tips or social security" and "no taxes on tips for service and hospitality workers."
Just to be clear, I'll spell it out. Trump's statement is too broad and too easily abused. If there are no taxes on tips period, then most businesses could easily switch to a tipping model to avoid taxes altogether, even big businesses like lawyers could technically work for tips. And since it's apparently legal for restaurants to charge mandatory tips on the bills, why would it be any different for a lawyer to simply turn his fees into mandatory tips? Instant loop hole, too easy. Kamala is verbally restricting these tax-free tips to service and hospitality workers, the places where you expect low wages and living on tips, where it would be much harder to abuse. In all likelihood, there will probably be a maximum by the time such a thing becomes a law, making it even harder to exploit it.
As for why Kamala hasn't committed to not taxing social security, I watched a lawyer explain that one. If you remove the taxes on social security, that only benefits the wealthy. Most people who are living on social security don't make enough to have it taxed in the first place, and the point at which you would have it taxed is already high enough that it shouldn't hurt the people paying taxes on it. So what he's really saying is that he'll make it so that rich people don't have to pay those taxes, and in doing so rob the program of millions of dollars that will instead have to be made up somewhere else. Last I heard his plan was to raise taxes on imports from other countries, including food, so basically the rich won't have to pay for their taxes but the average American will pay more for groceries to compensate for it. Great plan, Donny boy. No notes.
Don't believe everything you read on the internet.
@@bigwhoopi6764 super troll 😂
@@joomomma9463 Think again Obi 1
Unintelligent people can't earn law degrees, engineering degrees nor become medical doctors.
Trump didn't even know the name of the White House. Seriously, in an Easter speech, he said they sometimes call it the Tippy Top building. How can he call anyone else dumb??
it's a lie... prices of everything has gone up... not down.
I believe the prices will continue to increase. It's designed to delete the middle class.
Can't they just hit a button or keystroke?:
Let’s all take his advice you know the guy that don’t pay his bills and no clue of what most Americans who have to pay their bills
Hunter Biden?
@@stevepackard8542No, Humpty-Trumpty.
Insurance prices are getting outrageous! What options do we have?
Groceries. Buy bare minimum. Best thing to do, follow the thousands fleeing to other countries.
...the fromer makes sense, the latter is out of reach for most citizens.
excellent presentation of news, no lies, no screaming or yelling, no threats, just the facts.
OBVIOUS LIES about Inflation !!!
Inflation is the lowest??? In what world is NBC reporting???
It is reporting what was announced.
Inflation is lowering, not prices. It's like when you slow down in your car - that doesn't mean you go backwards. You're just not going as fast.
Its not Just NBC. Check other news sources. They are reporting it too
The real world that is based on facts and data and not just peoples' feelings.
Wakanda
Inflation at its lowest in three years? That is laughable. I went to Costco and Walmart today, and I can tell you with 100% certainty that my receipt does reflect lower prices. It's all bs and greed!
It takes time for inflation to trickle down........
Calling people names is a true bully move. I don't like bullies.
Inflation has dropped 😂yeah right
If the general inflation rate decreases from 3% to 2%, it still means average prices are increasing 2% per year. Inflation (%) and prices ($) are 'obviously' two different things.
Until they don't have a price gouging patrol on all States cities and counties all these businesses are going to keep price gouging
We're all been exploited..
Where do they get these numbers from? I just went to the store today and something I bought less than 2 months ago was $2.99, it is now $6.15! Please state your sources!
Uh, no. It's all smoke and mirrors with statistic measuring methods. And whose wages are growing??? Not mine! Maybe it's California fast food employees?
Inflation is down meanwhile eggs and milk cost $5 or more 😒 what a joke!
Why do people have to cut spending when the government's endless printing of money that it sends out of the country is the problem
And you know this how?
The dollar isn't being mismanaged. Believe it or not, currency is constantly being removed and added to circulation.
@@user-xn2zu3fn6dAnyone who took an economics class.
I like to use this example. If everyone had a million dollars how much would a gallon of milk cost? Under trump we printed 7.8 trillion but most of that went to the rich.
Why do you put up with corporate greed similar to crackheads except it's money and they are making us all codependents...
When I first heard of the spinning iceberg, I was just thinking of one thing:
“Around the world around the world around the world”
God bless Ukraine!
Everything has gone up and they raised money for the campaign in record numbers but where is that effort to raise money for the benefits of low income Americans. Where is that effort for veterans and the elderly. Where is that effort for the homeless!
Talk to the greedy corporations.
@@maurits2597 ...and their wealthy shareholders.
We are invisible cause we can do nothing for them . But hey, inheriting the earth is pretty good. Except it won't be worth salvaging when they are done consuming it. At least we.......maybe .......what about.......Never mind.
I paid 2.75 a gallon a gas today.
Paid $3.09 in OKC
Do you guys remember a few years back when gas was (over?) $5 / gallon?! That was bonkers.
3.30 in MD
@@EhCloserLook Wait till the ban on fossil fuel kicks in
I payed $2.77 in Houston Tx
Be strong enough to be honest and kind
Honesty is routinely unkind. That's the truth.
But your words are refreshing Thanks.
Trump calling someone not smart is ironic.
..the better term is "hypocritical"
I remember that great tome of American literature by Sen Al Franken. Lies and The Lying Liars That Tell Them. I think of that book every time Trump opens his cesspool of a mouth.
More than you know!
Your comment is moronic
How can someone that didn't even know the name of the White House call anyone else stupid?? LOL
Is trump stupid? (Rhetorical)
There is no tax on social security. Never has been.
@18:25 In all my 50 plus years I've only heard about dogs getting Parvo, what?
what is the difference between a bullet and a cop? If the bullet hits you once, you know its been fired
Most of the inflation came from greedy price gauging!
Wrong, big budget deficits causes the Fed to print more money 💵 that causes big inflation.
Government greed which caused big deficits that caused the Fed to print extra money 💵 that caused inflation.
@@mrbaab5932 no prices went up and bland it on inflation when it was actual price gauging. Classic capitalism slide of hand.
@@mrbaab5932Exactly right !
Exactly, 👍🏼
At 4:29 in the video, KAMALA accomplishments:
1. Kamala Harris reduced credit card late fees from $32 to $8.💙
2. Kamala's reduction of junk fees at the banks saves Americans $5.5 billion annually.💙
3. Kamala's elimination of airline junk fees saves Americans $500 million annually.
4. Kamala reduced the price of 41 prescription medicines for low-income Americans and the elderly. 💙
5. Kamala provided health insurance to 20 million poor Americans who have never had medical care before.💙
And people still can't afford to eat and pay the rent! EXCEPT the migrants.....that's cost belongs to us!
@@stevepackard8542 And also, KAMALA voted and passed three important laws after a 50-50 tie in the Senate:
6.1. The COVID economic relief for low-income Americans. 💙
6.2. The American Rescue Plan Act for small-business owners.
6.3. The Inflation Reduction Act. 💙 Thanks to Kamala, meal prices in fast-food restaurants are going down, for the first time in 3 years.
@@hughjorg4008bot
republicans blocked some of these but yes this is where Kamala's head is at. It's a shame republicans worked hard to tank a few of these.
@hughjorg4008 please stop the propaganda the inflation reduction act Is nothing to be proud of please look into the bills instead of just listening to the title these bills have maybe 40% going towards what they are named and the other 60% go to complete garbadge that the u.s cannot afford inflation reducing to 3% is normal what is not normal is cost of groceries being up 25% the cost of insurance being up 52 percent this wreckless spending must stop we are rapidly de valuing the dollar
Because we're broke. Thats why the economy is cooling.
You continue to give Trump too much airtime. He is getting free ads off of you.
It’s news.
It’s funny how democrats trying to turn this around.People aren’t stupid anymore.It’s gonna take a long time to recover.Damage is already done.
No, what's funny is people like you thinking that prices ever go down from one year to the next, when they know very well they consistently go up each year, regardless of who's president. Co-vid caused inflation all over the world bc it interrupted the supply chain & consumer demand declined. When the pandemic was over, businesses raised prices to compensate for lost profits & have been price gouging ever since. There are three branches of government, which one tells your grocer, gas station, insurance company, banker, landlord what to charge their customers, Legislative, Judicial or Executive? None of them.
😂“Fake News In Da House”😂
I think when we look at prices, we also need to look at Savings' interest and the stock market increases.. your savings should be like 4%...and just the dow Jones since 2019 has gone up 54%, for example, if you invested in dow in 2019 $100 you woild have $230.77 today.. so if you're not living, pay check to pay, check, and have a 401k and savings. You should have more money than any year prior.. I know not every American has stocks or savings.. but if you do, you should have quite a lot more ..also if you own a home it should be significantly increased in value.. many people forget that's part of your equation when you look at how much things cost .. and how the economy is going..
I didn't feel richer when you were President, but had more money in my account when Biden became President.
CPI coming to 2.9 is NOT saying prices will go down. They'll just not increase as rapidly. That is so nonsense for the already struggling families.
This is HALF TRUTH. Full truth is PRICES ARE NOT COMING DOWN.
Nikki Haylie needs to fade away!
Right after you fade first👋👋
@@2cool4u61
Is that a red dot on your forehead ?
Mr. Trump should heed Nikki Haley’s advice. Stop with the childish name calling and stop with the foolish ‘my crowds are bigger than any in history’
Learn what bi-racial means and move on. Nobody wants a buffoon to run the country.
So does Lindsey Graham.
Not before she does around 14 more flip flops.
Meanwhile..."corporate profits" have run amuck!! We need some real changes in this country!
Corporate profits have eaten up all the change too.
No: you need the TVOR in this country…..& fast!
david katz at 3:55 sayin things getting better hes worth 5.5 BILLION $$$
Housing up 22%? My rent has more than doubled since the pandemic. In 2019 my rent was $600. Today it is $1400. In January it will be $1500. It has gone up 8 times in five years not counting next January. My food cost has gone from $30 a week to $50 a week. I have not been able to afford a car in all that time. My healthcare has almost doubled in five years. I don't know where NBC or the government get's it's numbers but the are WAY off. In 2019 Housing was 32% of my gross income. Today housing is 70% of my gross income. In January it will be 75% of my gross income. That will leave me with no money for groceries my next biggest expense. I'm not the only one. I have multiple coworkers who are renting homes three + families each. One is renting a 3 bedroom hone with four families and a total of 18 people in 800 square feet sharing one bathroom with rent being $5300 a month in the hood for a low quality home.
I just paid $6 for a gallon of milk .. they are lying straight to our faces... Lol😂
If the general inflation rate decreases from 3% to 2%, it still means average prices are increasing 2% per year. Inflation (%) and prices ($) are 'obviously' two different things.
I only pay 3.77 per gallon in California.
The store where you bought milk is price gouging.
@@hopscotchc6nOr they simply have higher local costs
@@maurits2597California is too large for one gas price, and there are 3 different octanes available (87, 89, and 91). And each local/city economy isn't identical; local prices adjust to what the local economy can bear along with volume. And ... gasoline distribution costs vary - cheaper cost and more volume to huge cities versus driving a tanker 90 miles down highway 1 to fill one gas station, for example. There's simply too much comparing apples to bananas in physically distant and volume-based prices. This is why everyone should be educated in high school on basic economics (if they're not sleeping).
I always look forward to Lester Holt misquoting Trump, like, "Today Trump says he hates Vets." Actual quote by Trump: "I prefer one award over another." Lester was not even close! Which is your favorite Trump misquote from Lester. They are hilarious!
Full tank was only $29. Havent seen that in years
Mine was 84
What kind of car
@@oclayton1911 motorcycle? 😂
@@lindatrepanier3419 Kong Motorcycle Company. 🦍
Fake news what cost 5 dollars 3 years ago cost 20 dollars now
stop saying inflation is going down its not L
Source?
@@user-xn2zu3fn6d are u a bot? youre source is a news station that lied about russia gate for 4 years lol
Mainstream Media is on its last Gasp it needs Democrats to save it.
If the general inflation rate decreases from 3% to 2%, it still means average prices are increasing 2% per year. Inflation (%) and prices ($) are 'obviously' two different things.
Propaganda news.
How convenient, that they say the economy is better right before election. Like we are that stupid. Too little too late. Democrat for Trump here.
Yeah right, Ivan.
Yep...pretty much every election. Same ol bs
Thank you Lester and good night 🌌 NBC 🇺🇸
Haley lost talking about what's not gonna work...😂
She's so fine 😍 🍑
Falling inflation is not falling prices.
Good point, the 2 are not mutually inclusive.
Lester you not in the streets stop lying to folks we paying too much for everything!!!!
Don’t be a dumfuk lol
We will thank you For the Nightly News God bless you Lester Holt and crew and viewers all of us Good night 😴🌉❤
Everything will get better.
Lol
Has anyone said what happened to the person that pushed a burning car into a gully and started an enormous wildfire ❓‼️
Is he waiting to be sentenced ?
Also, haven't they found the people who were damaging rock formations in a national park out west? There was a little girl with 2 men, I believe. Please let us know about both of these incidents‼️
I hope for the Best but prepare for the worst. Good advice from Gramps
Positive over negative.😁
@@diananutt1517 You know, they stopped reporting on it about 10 days ago right before Paradise was about to burn again. I think the Olympics and Walz pushed it out of the cycle.
RE. the piece about the man (Derek) from TN, fighting for his rightful attainment of his law degree: what an injustice to that man. We all want individual Americans to be healthy and contribute to society in meaningful ways, yet the TN justice system has continuously put up ridiculous (and unlawful) road blocks to this man's journey.
Was tips ever taxed?
Cash
A few years ago they started 16% of total income on tips...reported income 😅😅😅😅😅.
Paid it back in the 70's.
Yes they started taxing tips year's ago
Most persons working for tips don't pay taxes anyway. They don't earn enough.
Outsourcing all of our production jobs has killed our economy...
Inflation is at 2.9%haha. This is how elections are done 😢
People may be punished but to punish someone in recovery is unconscionable and crazy.😢
Inflation is down (a little). But it's still way inflated. And, prices won't go down. Bet some will still go up. And then, minimum wage will be increased some months later. Only to have the cost of everything go up again. Which puts the minimum wagers back to where they were. But...makes it a little more costly fpr us that made a little more than minimum. And didn't get raises to accomidate the cost of living going up. We need the inflation AND, costs to go way down.
Any normal human being who hears Trump talks will no that this man doesn't belong in a leadership role. His rhetoric is like that of a child.