Levels isnt yet hitting home. The energy bills should be coming down by now. Not from what ive seen. They keep putting the standard charge for electricity up and gas. But it doesnt feel like. The cost to go out for the day and eating and drink seems to be going up as well. Sometimes ijust dont even, like, pay for my wi fi because i cant, so we have to go without. Everything isjustl going up, isnt it . Everything. And you dont think that thats starting to calm down or stabilise . Anything you can see in your own bills . Maybe our gas and electric is i slightly better than it was or not as bad as it was getting, but apart from that, no, not really. The latest figures show food costs and prices in cafes and restaurants helping Drive Inflation down to 3. 1i last month the lowest level for two and a half years, well down on its 11 peak. From here, the Headline Rate of inflation is likely to fall below 2 , thats the governments target, driven by those falls in Energy Prices next month. But w
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might retail giants that supply issues might hit shoppers this christmas, so everyone is getting out early. call me so everyone is getting out early. call me a so everyone is getting out early. call me a cynic but there s a reason retail call me a cynic but there s a reason retail giants call me a cynic but there s a reason retail giants wanted this early. but people retail giants wanted this early. but people are shopping in stores rather than online, making sure the economy bounces than online, making sure the economy bounces back. and it is good news for the bounces back. and it is good news for the retail sector because there was a for the retail sector because there was a worry for the retail sector because there was a worry that maybe people s pockets was a worry that maybe people s pockets had been hit by the pandemic and the pockets had been hit by the pandemic and the rising cost of living, things and the rising cost of living, things like that, and they
underestimated just how much work needs to be done to reform new jersey. remember back in 2012 he declared the jersey comeback has become and a lot of us raised our eyebrows at that particular time. why is that? if you look for instance, this is a state that has all kinds of legacy costs that have been built up. it s not just a question of oh, gee, we come in and have a recession, we cut spending a little bit and everything is going to be okay as soon as the economy bounces back. this is a long term project. new jersey is not the only one. in fairness what you have what the national government association called a few years ago the great reset among the states spending among the states and taxing them on the states is a huge challenge in this environment right now. is new jersey in a better place today than when chris christie economically became governor or worse? slightly better place in that the democratic legislature and the republican governor have gotten together and they
house. and democrats are turning on the white house. they re not running proudly on their record thus far. nobody s touting, oh, look, we did health care, vote for us. the fact that the democrats are not even proud of their own record suggests to me that they re not likely to well, look, i m not saying this just to be kind to the white house. look, i ve been on days i ve been just the opposite. but here s what i would say. franklin roosevelt, ronald reagan, bill clinton, three of the greatest presidents of the last 60 years, loved by the public, every one of them at this moment in his presidency was at an equal point, about to lose by big margins in the mid-terms, and substantially unpopular. so the obama white house will turn things around pretty easily if the economy bounces back. that s a big if. but we all know that politics is led by the unemployment figures and the confidence in the economy. so we ve just got to wait and see what happens. well, let me close with yet anoth
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