Thankfully, there has been a bit of economic progress over the Summer in controlling prices but we don't expect that to last after the election and once those strategic oil reserves run out.
We share this passage and advise readers to do a bit of math beyond these optimistic numbers.
The rate of inflation remains in double digit territory and the impact will only worsen over time without some serious federal belt tightening . . . And that's NEVER going to happen to matter who wins the next election cycle. The handouts just shift from scumbags to suits and then back again.
Let's not forget the words of one of the greatest profs to every teach at the city college . . .
The Best Way to Rob a Bank is to Own One
Check-it . . .
The latest Cost of Living Index data from the Council for Community and Economic Research shows the average cost of living increased 11% between the first quarter of 2019 and the first quarter of 2022 in the 208 urban areas included in the report.
In the Kansas City area, the cost of living saw a smaller increase than the national average, jumping 9.88% between 2019 and 2022. Between the second quarter of 2021 and 2022, it increased more than 6%.
Read more via www.TonysKansasCity.com link . . .
New data dives into rising inflation, cost of living in Kansas City
Although gas prices and other contributors to rising costs have eased during the late summer, new data sheds light on how steep inflation was in the second quarter. The latest Cost of Living Index data from the Council for Community and Economic Research shows the average cost of living increased 11% between the first quarter of 2019 and the first quarter of 2022 in the 208 urban areas included in the report.
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