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Inflation Beyond the Stars Thread for April 12


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2022 Apr 12, 12:49am   144,018 views  1,453 comments

by AmericanKulak   ➕follow (8)   💰tip   ignore  

Since we know the numbers are going to suck since Peppermint Patty is leading the Amen Corner Media to blame Putin for it:
https://patrick.net/post/1344548/2022-04-11-putin-s-price-hike-failing-administrati

Frankly, I prefer my spaceship to have big tits and not fake inflated ones.

EDIT - numbers drop:
America goes back to the 80s: Surging gas prices and higher rents push inflation to 41-year high of 8.5% as White House blames it on Putin invading Ukraine
The consumer price index rose 8.5% in March from a year ago, the fastest increase since December 1981
Housing costs, which make up about a third of the index, have escalated and show no signs of cooling
Gasoline prices soared 49% in March from a year ago as the war in Ukraine rocked energy markets
Biden's administration tried to get ahead of the dire inflation news by blaming Russian leader Vladimir Putin
But Republicans place the blame for soaring prices on 'Democrats' reckless spending and failed policies'

https://www.dailymail.co.uk/news/article-10711311/Inflation-soars-new-41-year-high-8-5.html?source=patrick.net

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1420   AD   2024 Sep 30, 11:55am  

need more HVAC technicians, as a lot of the workforce has retired when then baby boomers started to retire in mass around 2011

this is one way to help increase supply of blue collar skilled workforce and help to reduce inflation (i.e., services aggregate of CPI)

we have Thomas Haney Technical College which is part of the local school district which graduates from HVAC technicians to licensed practical nurses (LPNs) which all are needed in the Florida panhandle
......................................................

https://www.theatlantic.com/ideas/archive/2024/09/skills-based-hiring-degree-requirements/680044/

A more scalable model is the FastForward Program, which has funded career-oriented training for almost 45,000 learners in 23 community colleges across Virginia. As part of the program, the state community-college system has created career maps in fields such as manufacturing and health sciences, with a common curriculum that allows people to obtain advanced credentials that build on one another, or “stack,” and opens doors to better-paying jobs. An early evaluation of FastForward found that enrolled students who received an industry-recognized credential saw increased earnings of about $4,000 a year.

Congress could do something similar on a national scale by creating and funding a federal certification program for career pathways in fields with high job demand and good prospects for upward mobility, such as advanced manufacturing and cardiovascular technology.
1421   HeadSet   2024 Sep 30, 6:11pm  

AD says

Congress could do something similar on a national scale by creating and funding a federal certification program for career pathways in fields with high job demand and good prospects for upward mobility, such as advanced manufacturing and cardiovascular technology.

How would that keep them dependent on the government and voting Dem?
1422   AD   2024 Sep 30, 7:17pm  

HeadSet says

How would that keep them dependent on the government and voting Dem?


give federal grants for job training like to Haney Tech in Panama City, Florida for nursing training, HVAC technician and auto repair training, etc.

.
1426   zzyzzx   2024 Oct 2, 5:17am  

One less tablet:


1434   ForcedTQ   2024 Oct 7, 5:49am  

zzyzzx says





Weight and volume are two different measurements due to a thing called density….
1435   HeadSet   2024 Oct 7, 9:35am  

ForcedTQ says

Weight and volume are two different measurements due to a thing called density….

True, only pure water has the same weight and volume when measured in ounces.
1437   zzyzzx   2024 Oct 8, 5:09am  

When your KFC meal for 2 serves 1:


1441   HeadSet   2024 Oct 8, 8:10am  

zzyzzx says


https://wtop.com/lifestyle/2024/10/mega-millions-tickets-will-climb-to-5-but-officials-promise-bigger-prizes-and-better-odds/

Mega Millions tickets will climb to $5

“Spending 5 bucks to become a millionaire or billionaire, that’s pretty good,” said Joshua Johnston, director of the Washington Lottery and lead director of the group that oversees Mega Millions.

You would be spending $5 on nothing. The chance of winning even if you bought 1,000 tickets is virtually zero.
1442   RWSGFY   2024 Oct 8, 8:16am  

HeadSet says

zzyzzx says



https://wtop.com/lifestyle/2024/10/mega-millions-tickets-will-climb-to-5-but-officials-promise-bigger-prizes-and-better-odds/

Mega Millions tickets will climb to $5

“Spending 5 bucks to become a millionaire or billionaire, that’s pretty good,” said Joshua Johnston, director of the Washington Lottery and lead director of the group that oversees Mega Millions.

You would be spending $5 on nothing. The chance of winning even if you bought 1,000 tickets is virtually zero.


It's a tax on people who flunked probability in school. The tax just went up.
1443   zzyzzx   2024 Oct 9, 5:34am  

HeadSet says

You would be spending $5 on nothing. The chance of winning even if you bought 1,000 tickets is virtually zero.

The thing about the lottery is that you have pretty much the same chance of winning even if you don't buy a lottery ticket.
1444   zzyzzx   2024 Oct 9, 5:35am  

Old spinach package vs new spinach package:


1446   zzyzzx   2024 Oct 10, 6:25am  

Cookies now have less M&M's:


1450   zzyzzx   2024 Oct 16, 8:57am  

https://www.cnn.com/2024/10/16/business/tostitos-chips-shrinkflation-pepsi/index.html

America revolted against Tostitos and Ruffles. Now they’re making big changes
1453   Eric Holder   2024 Oct 16, 3:49pm  

Nooooooo:

PepsiCo (PEP) is unshrinking shrinkflation.

The owner of Lay’s, Doritos, Tostitos and Ruffles chips will put more chips in some bags to claw back customers tired of higher prices with skimpier bags. Shoppers have balked at downsized chips, cookies, paper towels and other products, widely known as shrinkflation, and turned to cheaper options or stopped buying altogether.

A PepsiCo spokesperson told CNN that Tostitos and Ruffles “bonus” bags will contain 20% more chips for the same price as standard bags in select locations. PepsiCo is also adding two additional small chip bags to its variety-pack option with 18 bags, the spokesperson said.

“It’s the football season. There’s a lot of gatherings,” PepsiCo CEO Ramon Laguarta said on an earnings call last week.

It’s a reversal of years of shrinking bags of Tostitos, Ruffles and other chip brands.

In 2021, Edgar Dworsky, a consumer protection lawyer and founder of the website Consumer World, who meticulously tracks shrinkflation, found that Tostitos’ “Hint of Guacamole” version shrank by one ounce from 12 to 11 ounces, while its “Hint of Lime” version dropped from 13 ounces to 11. Dworsky also found that Ruffles shaved off a half-ounce to a “Sour Cream & Onion” bag in 2013.

“It’s about time,” Dworsky said of PepsiCo’s move. “Chip lovers have suffered through years of downsizings.”

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