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Leter: Inflation down, wages up

Editor, Gazette-Journal:
If you only get your news from one source, you may be missing out on a lot of good news.
Inflation is down to 2.5%, the lowest it’s been since 2021 when increased demand for durables combined with shortages created a huge disruption in the economy. Those supply-chain interruptions have been fixed and prices are starting to normalize after the economic upheaval caused by the pandemic. In fact, the Federal Reserve just lowered interest rates .5 percent, a huge sign of their confidence in the economic outlook.
While inflation dropped to 2.5% in August 2024, wages grew by 4.6%.
The S&P 500, the Dow Jones and the Nasdaq Composite all hit record highs September 19, 2024.
Violent crime has dropped significantly, down 15.2% compared to last year. Violent crime is at one of its lowest points in 50 years.
Deaths from drug overdoses are also down significantly. This is in part thanks to a more concerted effort to disrupt the supply of illicit drugs, as well as more ac...

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