this post was submitted on 27 Mar 2024
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the_dunk_tank
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where's that krugman post about how if you don't count food, housing, and healthcare then inflation isn't that bad
It's been dunked on a bunch, but here's the submission with the most comments
https://hexbear.net/post/1040996
Link to Tweet
Image description
Screenshot of a Tweet from Paul Krugman (Recipient of the 2008 Nobel Prize in Economics, New York Times columnist) dated September 15, 2023. The Tweet reads:It is accompanied by a line graph titled "CPI ex food, energy, shelter and used cars" with months from January 2018 to May 2023 on the x-axis and "6 month growth, annualized" on the y-axis. Inflation hovers around 1% to 2% up until March 2020, at which point it drops precipitously to around -1.5%. It climbs steadily to a peak of 7% around April 2022, then descends at about the same rate to 2% in September 2023 (the time of the tweet).
It's so idiotic, you'd think it was a bit
"If you exclude all the things necessary to live, the economy is doing great"
Which one