March 29, 2024

Vocal Point-Julio Gonzalez

Topic: Inflation.

If you bring home the bacon, these days you’re going to have shell out more to do just that. Economist Julio Gonzalez, founder and director of Engineered Tax Services, recently tweeted that our current inflation just in the last year, the first year of the Biden administration, is such that we see these higher costs:

  • Gas prices +49.6%
  • Used cars and trucks +37.3%
  • Car and truck rentals +36%
  • Bacon +18.6%

Ouch. Gonzalez adds, “Mean tweets are better than 40 year high inflation.” Julio Gonzalez joins Jerry Newcombe on Vocal Point to discuss our current inflation woes. www.engineeredtaxservices.com