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Red Pilled: WashPost Acknowledges ‘Uncomfortable Inflation’ Is ‘Changing the Economy’
NewsBusters ^ | 10/18/2021 | Joseph Vazquez

Posted on 10/18/2021 8:48:36 AM PDT by JV3MRC

Inflationary pressures on the U.S. economy are getting so bad that even The Washington Post acknowledged that media arguments banging the transitory drum are falling flat.

The Post economics correspondent Heather Long wrote a damning news piece headlined, “Uncomfortable inflation is here, and it’s changing the economy.” Long wrote: “American families and businesses are altering their habits as they increasingly believe high prices are here to stay.” Long reported that “[n]ews this week that U.S. inflation is running at a 13-year high of 5.4 percent confirmed what many Americans already know as they juggle their budgets: Food, energy and shelter costs are all rising rapidly, adding to the strain Americans were already dealing with from the higher costs of hard-to-find goods such as cars, dishwashers and washing machines.” Housewares and beauty-product company Helen of Troy CEO Julien Mininberg dropped the cold hard truth to Long: “‘We’re assuming that the inflation is not going to be transitory, and we’re positioning ourselves accordingly.’”

(Excerpt) Read more at newsbusters.org ...


TOPICS: Business/Economy; Government; Politics
KEYWORDS: blogpimp; economy; hyperinflation; inflation; joebiden; washingtonpost
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To: JV3MRC

and yet, somehow they will try and blame Trump...


21 posted on 10/18/2021 10:22:16 AM PDT by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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To: econjack

That is flippin’ brilliant. Saving. Thanks! :)


22 posted on 10/18/2021 10:46:58 AM PDT by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust post-Apocalyptic skill set. )
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To: JV3MRC
We’re assuming that the inflation is not going to be transitory, and we’re positioning ourselves accordingly.

Translated: "We were lying to you before." We noticed. So who do we believe, the Experts or our own lying eyes?

23 posted on 10/18/2021 10:52:39 AM PDT by Billthedrill
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To: JV3MRC

Uncomfortable inflation?

Translated means the Uncomfortable Truth versus the Reassuring Lie.


24 posted on 10/18/2021 11:40:47 AM PDT by Clutch Martin (The trouble ain't that there is too many fools, but that the lightning ain't distributed right.)
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