Moore: Inflation still not keeping up with wages



Former Trump senior economic adviser Steve Moore on rising prices as inflation rips through the U.S., arguing the inflation numbers were a slight improvement but not a big improvement.

STEVE MOORE: I wouldn’t get too caught up in these numbers. They were a slight improvement, but they weren’t a big improvement. Which you’ve been reporting is correct that the gas prices continue to go up. So that’s going to reverberate throughout the economy. And so I am very nervous about where this economy is right now.

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28 comments

  1. MY BUBBLE HAS BURST. I LOST MY PLACE TO LIVE LANDLORD PASSED AWAY AND KIDS SELLING HOUSE. INFLATION HAS PUSHED UP RENTALS SO HIGH THAT I HAVE TO STAY IN MY CAR. I CAN'T AFFORD TO PAY THE RIDICULOUS RENT BEING ASKED!! LET'S GO BRANDON!! BULLSPIT!!!

  2. I think this title is backwards

  3. The title is wrong. "Inflation" and "wages" should be flipped

  4. You need to RETITLE this to WAGES not keeping up with income due to INFLATION!

  5. Biden even short changed the elderly and disabled on false inflation rate and cost of living increase.

  6. Every day American people using bank for trasaction economic.
    500.000.000 American people if using bank Will paying administration so bank must paying money to American goverment.
    If every transaction must paying $2 x 500.000.000 =1.000.000.000 ×30 days =$30.000.000.000.
    Bank must paying to American goverment begaining $30.000.000 because bank stil received deviden from electronik,otomotif,home. credit

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  8. The Producer Price Index is up more than the CPI… businesses on average are being squeezed harder than individuals… so obviously wages aren’t going to be keeping up with inflation. Just a fact, ur opinion doesnt matter

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  11. My rent is up another $200 from last year. Was up $400 from 4 years before that. Bet it's worse in other places too. I would move, but I couldn't find many other options left.

  12. Be intentional about your finances, that's the first step to financial security and Making better investment.I've been stacking the cash by investing. I invested 40k in blue chip stocks and crypt0s (with the help of my advisor of course) and made about 380k,Took out a 100k and reinvested the remaining. So far I'm up to 600k+ in stocks and Crypto. Been doing the dave ramsey plan and got out of debt 2 years ago.

  13. I guess I gotta get a nother full time job jesus it's getting ridiculous

  14. You mean wages not keeping up with prices

  15. What's the alternative just stay at home, give us a choice and we'll b done with this crap.

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  17. The good news is that inflation only affects your money when you spend it. The cost of something is only important if you buy it. What we're really talking about here is the price of our overspending.

  18. Everyone is using credit to live currently, further inflating the credit bubble.

  19. High oil prices is why inflation is high, don’t be fooled, the worst is coming.

  20. You mean wages are not keeping up with inflation?

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  22. I think you meant "wages are not keeping up with inflation."

  23. They are flying while they can before another lockdown

  24. It is structural. Productivity is not important and regulations are every expanding. Unless we increase production or decrease consumption it will continue.

  25. No, but that idiot in DC will take credit for forcing folks to take on two jobs just to keep up with inflation causing unemployment to look better…..I can hear him now…..

  26. Cavity said"… more than willing to pay 'em." We have no choice , smartguy

  27. Everything was great and rolling right along until that morning in 2008.