So, inflation is the lowest in three years. Does that mean prices will go down? Nope. The “experts” say it won’t matter. WTF? Prices went up because of inflation, these same experts said. Ergo, they should go down when inflation goes down, right? (Scratches head.) To use an old cross-examination tactic, “Were you lying to us then or lying to us now?”
@johnldeboer: Industry always lies. Exorbitant baggage fees for air travel were only supposed to be temporary, and then they lasted for years and years and still continue. Consumer prices rarely even go down when inflation decreases. Industry often says they need to recoup what they claim they lost when inflation was up. Prices then drive profits up even more, usually far surpassing any "losses" from before. Later they claim growth, expansion, and increases wages for labor "because of the...
@johnldeboer: ...rising cost-of-living: is why they need not only to not lower prices but raises prices.
Been that way since the 1970s. Prior to that, executive and upper management salaries and bonuses weren't ridiculous and ties to "improved stock prices" and ceaseless growth. (Also, fuck Jack Welch. I hope he's in Hell.) The 1980s, though, is when that went into overdrive.