Inflation

News88th TXLege

Legislature Votes to Raise Office Budgets at Taxpayers’ Expense

Only two days into the 88th Legislative Session, both legislative chambers made a mad dash to give their offices as much money as they could squeeze out of Texas taxpayers. Growing Government As expected, they used the usual excuses: to…

Featured

Festivus: Airing of Grievances

What is Festivus? Finding its origins in the hit ’90s sitcomΒ Seinfeld from an episode entitled “The Strike”, the character George Costanza’s family celebrates a holiday called Festivus as an alternative to Christmas, and a tongue-in-cheek protest to the commercialism surrounding…

NewsFederal

Updated CPI Numbers Show Inflation Is Sticking Around

On Thursday, new Consumer Price Index (CPI) data was released by the U.S. Bureau of Labor and Statistics, ultimately indicating that the current historic inflation is not going away any time soon and continues to reduce the purchasing power of…

NewsFederal

Inflation Increase Is More Than Expected

Consumer Price Index (CPI) data for the month of September was released Thursday morning, and with it came more bad news with regard to our economic outlook. Inflation (year over year) came in at 8.2%. Though this is down from…

Podcast - Taxpayer Talks

Episode 5: Senate Committee Discusses Issues Important to Texas Taxpayers

Episode Description πŸ’° In this episode of π—§π—”π—«π—£π—”π—¬π—˜π—₯ π—§π—”π—Ÿπ—žπ—¦, we discuss the Biden administration gaffe on inflation and the Texas Senate Local Government Committee hearings this week where they discussed property tax reform and taxpayer-funded lobbying.   Articles Referenced Senate…

Podcast - Taxpayer Talks

Episode 1: Inflation, Surpluses, & Border Security (Premiere Episode)

Episode Description πŸ’° In our premiere episode of π—§π—”π—«π—£π—”π—¬π—˜π—₯ π—§π—”π—Ÿπ—žπ—¦, we discuss the recently projected $27 billion budget surplus that Texas state lawmakers will have the ability to allocate in the upcoming legislative session, the recently passed Inflation Reduction Act…

NewsFederal

Inflation Hits a 40 Year High… Again

The latest Consumer Price Index (CPI) data released Tuesday reveals that year-over-year inflation for the month of March hit 8.5%. This was a 1.2% increase from the previous month of February. Inflation has become a major problem for most Americans…

NewsFederal

Inflation Hits A New 40 Year High At 7.9%

Americans all across the country, including here in Texas, are suffering from the fiscally irresponsible policies administered by both the federal government and the Federal Reserve in response to the pandemic. The massive amounts of Quantitative Easing and stimulus dollars…

Explainers

Explainer: What Is The Relationship Between Interest Rates and Inflation?

With the recent talk about inflation hitting 40-year highs at 7% this past week, there has been a lot of discussions specifically centered on what the Federal Reserve’s strategy is going to be in response. Most of you have probably…

NewsFederal

Inflation Soars to 7% a 40 Year High

  CPI data released this morning revealed that the year-over-year inflation rate has hit 7%. This is the highest rate experienced in 40 years (since 1982) in the USA and there is no sign that we will be inflecting downward…

NewsFederal

Inflation hits 30 year high at 6.2% year over year according to CPI data.

According to CPI data released today, inflation has hit a 30 year high at 6.2% year over year. This has officially killed the narrative that “inflation is transitory” and will magically disappear according to the Federal Reserve. But what is…