Media outlets are blaring about nonexistent “stagflation.” Economic experts say they’re wrong. None of the conditions exist — the economy is growing, unemployment is low, and inflation is stable. Several media outlets, including right-wing Fox News, are leaning on recent claims by Jamie Dimon.

7 comments

1. Shithole losers. Assholes.

2. Inflation is stable? You have to be a fool to believe that.

3. I was wondering where all the recent ***Stagflation!*** headlines were coming from. It looks like just more right-wing misinformation to scare conservatives. Older Americans remember what real stagflation looked like, back in the late 70s and eighties. Both inflation and unemployment hit over 14 percent at the same time.

4. Correction: Inflation is stable *and elevated*.

5. I have to question both parties for bias, but why do I feel just like the 70’s and early 80’s when we did have stagflation? Why am I paying 25% more for everything? Why did my auto insurance go up 25%? What did my house value skyrocket? Why did the value of my assets drop? I don’t care what it is called, it feels just the same to me.

6. Seems certain areas are suffering while others are growing.

   California, Illinois, New York, Oregon, are all suffering

   While economic growth is happening in Florida, Texas, Idaho, Utah, Georgia and the Carolinas.

7. ” inflation is stable ” as my rent goes up $120