First City to tame inflation down below 2 percent

Investment Analysis Clubs Macro Economic Trends and Risks
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Not so in Minneapolis, the first major U.S. metropolitan area to successfully get a grip on inflation. In May, the official inflation rate for the Minneapolis–St.Paul–Bloomington region was 1.8%, lower than that of any other major metro area and just below the Federal Reserve’s 2% inflation target.

https://moneywise.com/news/economy/this-midwest-hub-is-the-first-major-us-city-that-has-managed-to-tame-inflation-and-other-regions-are-starting-to-catch-on?utm_source=push&utm_medium=push&utm_campaign=push&utm_term=push_9_3_23&utm_content=push_31930

Andy

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From the link:

Meanwhile, the city also invested heavily in helping people pay rent. Since 2018, renters have collectively received $320 million in rental assistance and subsidies from the city’s government.

What! That’s good money that could have gone to fund corporate taxes or give tax credits to multi-millionaires! Commies.

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I like it when people try new things to solve problems. When it works right other communities can use them to solve their problems, when it doesn’t work they should be thrown out. Unfortunately it doesn’t always work that way. Here is something that seems to not only work but solve two problems, runaway housing costs and inflation.

Andy

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I do not understand. Why would Alabama fix anything? Servitude by someone else is the answer.

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Alabama doesn’t fix much. Bunch of quockerwodgers. Nothing new.