Inflation: CPI Calculator from the US Bureau of Labor Statistics
Is the Biden administration staging an inflation disinformation campaign? I've provided a link below to the goverment's (USBLS) own tools used to calculate the CPI. The data tools within the site are a bit clunky, but if you are willing to dig a little, you can obtain a lot of good information on how much more you are spending on goods and services.
The results I found are based upon a start date of January 2021 (when Biden first took office) until the most recent data collection in late April of 2024. The numbers represent averages for the entire country. What you experience in your locale may be different.
From 2021 to present day: Overall inflation: +19% Gas: +55.5% Groceries: +21.3% Eating out: +21.8% Pet food: +23.1% Rent: +20.8% Electricity: +28.5% Natural gas: +22% Real average weekly earnings: -4.4%
To help get you started, here is the link: https://www.bls.gov/cpi/
The first image is the landing page:
Select the CPI drop down and then select "Databases"
Scroll down until you see Average Price Data, and select the Data Finder icon.
Dig in!
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@4meAndyou things really skyrocketed in Biden's first 17 months in office. Then, once the inflation rate slowed, the Biden administration started their disinformation campaign about how inflation is under control. Three problems...the first is that inflation is sticky. Once prices go up, they tend to stay up. The 2nd is that inflation is still at 3.5% over the last 12 months. That only looks good compared to the 12.5% price hike we experienced in the first 17 months. The 3rd is the bold faced lie Biden is telling about inheriting an inflation rate of 9%. It was somewhere between 1.1% - 1.4%.
