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Thursday, November 7, 2024

Virginia U.S. Rep Don Beyer: "The headline PCE (personal consumption expenditures) price index, the Feds preferred measure of inflation,..."

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Don Beyer tweeted the following:

"The headline PCE (personal consumption expenditures) price index, the Feds preferred measure of inflation, *fell* in July.
Decreased. Declined. Dropped. Went down.
And it was largely driven by falling gas prices: bea.gov/news/2022/pers"
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Here are other recent tweets from Don Beyer:

"The authors of a $1.9 trillion tax cut that mostly went to the super rich and huge corporations are complaining about targeted relief that stands to benefit over 40 million working and middle class Americans twitter.com/waysandmeansgo"
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"Donald Trump is the only president in the post-WWII era to leave office with fewer jobs than when he arrived.
Joe Biden is the only president who has ever presided over the creation of over 6 million jobs in his first year. twitter.com/jim_jordan/sta" on Aug. 25
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