Great News!!! Government And Media Tell Us Food And Gas Prices Dropped In May!!!!

suyts space



Cheaper gas, food push down US producer prices

WASHINGTON (AP) — The prices U.S. companies receive for their goods and services fell in May, offering evidence that inflation is mild.

The producer price index, which measures the cost of goods and services before they reach the consumer, dropped 0.2 percent last month, the Labor Department said Friday. The decline was driven lower by cheaper food and gas, and

despite the big increases in the last few months,” Omair Sharif, an economist at RBS Securities, said in a research note. …..

Oh, yeh, prices fell. And, now, they’re pretending that they told us about the inflation all along. But, we know better. Further, we know just barely going over 2% is a lie. I remember right before the recession/depression they gave Bush much crap because gasoline prices went to $2.50/gallon. Thank goodness we don’t have inflation more than 2%, Things…

View original post 64 more words

This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s