Whats the definition of rich anymore...?

Billionaires I think is what they count.
100 million otta count as rich.

Rich is a mindset.

?

what the heck is the matter with you?

we were talking about the effects of current policy on everyday people.

Those in charge dont give a shite about the avg guy.Maybe thats what you were talking about but it aint what I'm talking about.
What is the matter with you?

Gov needs to give away more money ! Wheelbarrows full. Need to give away more rebates for elec cars, solar projects and wind turbines ! Maybe a $5,000 stimulus check for every man, woman, child and even pets. We need to spend billions on our foreign friends and even more for buying off our enemies.

That ought to get inflation to where your paper money is worthless and we will be ready to switch over to electric funny money.

666

Fuel and grocery prices are not included in determining "The Inflation Rate."
Never has been as far as I know.
My interpretation of that reason behind that is due the volatility of those two sectors, particularly fuel prices. If an oil platform catches on fire, the price of oil skyrockets, but comes back down after a relatively short time. Including fuel price in the inflation rate would make a huge mess of the whole process.
Besides that, the increase in fuel prices will have a direct effect on cost of items which are in the inflation mix. So, in affect, fuel price is baked into the inflation rate indirectly.

Don't worry. The white house is on top of things.

JORDAN FABIAN, BLOOMBERG: Thank you, Mr. President. Last month, you predicted the Federal Reserve would cut interest rates, thanks to falling inflation. But today, data showed that inflation rose more than expected, for the third straight month. So how concerned are you about the fight against inflation stalling? And do you stand by your prediction for a rate cut?

PRESIDENT JOE BIDEN: Well, I do stand by my prediction, that before the year is out, there will be a rate cut. This may delay it a month or so. I'm not sure that. I don't -- We don't know what the Fed is going to do, for certain. But look, we have dramatically reduced inflation, from 9 percent down to -- close to 3 percent. We're in a situation, where we're better situation than we were when we took office, where we -- inflation was skyrocketing.

And we have a plan to deal with it, whereas the opposition, my opposition talks about two things. They just want to cut taxes for the wealthy and raise taxes on other people. And so I think they have no plan. Our plan is one I think is still sustainable.

Slick Willy Clinton stopped including gas food and used cars in the inflation calculator in 1995. His claim was getting inflation under control