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New data from the federal government was released Thursday indicating the Consumer Price Index reached 8.2% for the 12-month period ending in September.The Consumer Price Index, which gives an idea of how much Americans spend on items such stanley cups uk as food, shelter, energy and travel, dropped .1% from August. The Consumer Price Index reached a high earlier this year of 9.1%. In September, the price of goods increased .4% despite energy prices falling 2.1%. The co stanley cups st of food went up .8%, while the price of shelter went up .7%.In the last year, the cost of food overall has gone up 11.2%. The price of housing continues to increase as well, jumping 6.6% in the 12-month period ending in September.The rising cost of food and housing disproportionately impacts lower wage earners, who can t cut back on food or housing costs the same way they can stanley cups uk scale back their gasoline use.The persistence of inflation has caused the Federal Reserve to raise interest rates in hopes of cooling inflation. But with the interest rate hikes come a greater risk of sending the U.S. economy into a recession.Although Americans have seen wage hikes in the past year, they have failed to keep up with inflation. The Bureau of Labor Statistics reports a 3% decline in real income in the last year. President Joe Biden conceded that there is more work to do, but said his policies are working despite Thursday s report. Because of my economic plan, the United States is in a stronger position than any major economy to take on Qohd What pandemic-era relief programs are ending soon Here s a list
The Democratic National Convention gets underway this week. Republicans will hold their convention next week. While this year s convention is virtual for both parties, have you asked yourself what s the point of these anyway CONVENTIONS YEARS AGO WERE DIFFERENT Americans have known for months that Joe Biden is going to be the Democratic nominee and that Donald Trump would be the Republican nominee. However, before political parties started relying on primaries, conventions wer stanley thermobecher e the place the nominee was decided.In 1856, it took Abraham Lincoln three rounds of voting to become the Republican nominee. In 1924, Democrats needed 103 ballots over 16 days to pick John Davis as their par stanley travel mug ty nominee.CONVENTIONS PURPOSE In 1948, networks began televising conventions and since then, many argue conventions have become taxpayer-funded spectacles for insiders. While taxpayers are no longer directly funding conventions, they are paying for security. In 2016, it was estimated that around $100 million of taxpayer funds were spent on convention security. 1952 was the last year both political parties had a contested convention; however, party insiders believe conventions still play a pivotal role. Conventions are where networking can take place and where delegates can debate the party platform. It s also a place where training sessions can occur and speeches can take place. Could Ba kubki stanley rack Obama have become president in 2008 without his speech at the 2004 convention Sure, it s possible, but that