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Bugs Bunny Stacking Money

Bugs Bunny Stacking Money | ECONOMY TRENDING UP, LOW INFLATION, LOW GAS PRICES, LOWER EGG PRICES... EVEN CARTOON CHARACTERS ARE NOW WEALTHIER... | image tagged in bugs bunny stacking money | made w/ Imgflip meme maker
181 views 16 upvotes Made by RichardCordes 1 day ago in politics
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3 Comments
1 up, 23h
Just because inflation is lower doesn't mean it's stopped. And now if we could get price deflation back to pre pandemic levels that would be ideal. Those on social security got the biggest slap in the face when it comes to affording the economy, that they should have gotten 5 extra stimulus checks just to keep up with inflation.
0 ups, 3h
Actually the economy is contracting, and the rate of inflation is lowering, it's not low, just lower in terms of rate of increase.
0 ups, 1d
I remember this episode

This from a while ago

Oh right my job

Fact check:

Economy: mostly true
Inflation: yes

Gas: varied

Egg prices: this is due to the historical high being over(note Biden was president as the highs started coming although it's likely neither Biden nor Trump's fault for prices, that was bird flu)

Cartoon characters: Scrooge will sue me if I say anything

The economy shrunk Q1

However this was mainly due to trumps tarrifs
Although trump, currently recession fears are lower
Said tarrifs are currently being talked on, so unless trump brings tarrifs back/raised we should not see sudden drop

Inflation rose, however it was less than expected

"The annual inflation rate in the US eased to 2.3% in April 2025, the lowest since February 2021, from 2.4% in March and below forecasts of 2.4%. Energy cost declined 3.7%, more than a 3.3% fall in March. Prices for gasoline (-11.8% vs -9.8%) and fuel oil (-9.6% vs -7.6%) decreased at a faster pace while natural gas prices soared (15.7% vs 9.4%). Inflation also slowed for food (2.8% vs 3%) and transportation (2.5% vs 3.1%) and steadied for shelter (4% vs 4%). On the other hand, prices increased faster for used cars and trucks (1.5% vs 0.6%) and new vehicles (0.3% vs 0%). Compared to the previous month, the CPI rose 0.2%, rebounding from a 0.1% fall in March but below forecasts of 0.3%. Shelter costs rose 0.3% and accounted for more than half of the all items monthly increase. Energy prices were also 0.7% up as increases in the natural gas index and the electricity index more than offset a decline in gasoline. Meanwhile, annual core inflation rate steadied at 2.8% as expected. source: U.S. Bureau of Labor Statistics"

Source: https://tradingeconomics.com/united-states/inflation-cpi

"The average price of a gallon of gas one year ago today was $3.61.

Today’s average price of gas in the U.S. is $3.19 per gallon, up $0.01 from yesterday, $0.04 from last week and $0.02 from last month.

Source: https://www.forbes.com/advisor/personal-finance/gas-prices-by-state/

From the same source:

"Eggs US decreased 2.35 USD/DOZEN or 40.40% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Eggs US reached an all time high of 8.17 in March of 2025. source: USDA"

Source: https://tradingeconomics.com/commodity/eggs-us
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ECONOMY TRENDING UP, LOW INFLATION, LOW GAS PRICES, LOWER EGG PRICES... EVEN CARTOON CHARACTERS ARE NOW WEALTHIER...