Posted on 11/12/2021 7:39:49 AM PST by JV3MRC
The inflation crisis has gotten so bad that multiple liberal outlets are now admitting that it spells disaster for President Joe Biden’s economic agenda.
CNBC published an eye-opening piece headlined, “Inflation has taken away all the wage gains for workers and then some.” The story analyzed that “Real average hourly earnings when accounting for inflation, actually decreased 0.5% for the month. A 0.9% inflation increase negated a 0.4% rise in wages.” In essence, “[w]hat looked like a big jump in workers’ wages during October turned into just another gut punch after accounting for inflation,” according to CNBC. So much for Biden’s false claim that “[w]ages have gone up higher, faster than inflation.” CNN just released a devastating report headlined, “Why inflation is a political nightmare for Biden.” New York Magazine also acknowledged in a sobering headline, “It’s Official: The Era of Cheap Everything Is Over.” The Daily Mail released a story directly blaming inflation on Biden: “Bidenflation drives Americans to dollar stores: Spending at discount chains rose 65% last week ahead of the holidays as consumer prices rise to [their] highest level in 31 years.”
(Excerpt) Read more at newsbusters.org ...
Naw, at some point they have to acknowledge it, or the smarter sheep will become suspicious.
They have to pay the same prices we do.....................
The MSM would love to avoid the inflation story. Their problem is that inflation, unlike most political narrative issues they engineer, impacts directly everyone who reads their trash, Dems, Republicans, independents, race baiters, even the morons that write their narratives. It is hard for them to deny that you are paying more for everything when you can see it for yourself when you go to a store. Checkmate.
Let’s go Buy Them= LGBT
The liberal media never changes it part of the Fabian society.
They are now shopping at discount stores too!
Predicted by Trish Regan last January.
Libtards don’t know how to run anything except into the ground 🤪
CNBC telling the truth one time is hardly the same as the media waking up. Every once in a while they have to acknowledge reality to make people believe they are authoritative.
They run things into the ground and the problem will be? Capitalism!
The only cure for the ills of socialism is more socialism.
These are the folks that leave California and go to Arizona or Texas and vote for the policies devolving the state from which they just ran.
They’re stuck on stupid.
But here’s why. Leftists replace religion and true faith in God with the false religion of socialism. They exchange the Truth for a lie.
No…never…everything aok in their deluded world…
The problem with the media is that enough of the simpleton populace were taken in by the image of Obama’s supposed charm and intellect that the media was able to cover up 100% of his many failings. The Biden administration is just so obviously incompetent, and Biden himself so utterly fallen, that it is impossible to cover up. Like dressing a rotting corpse in a beautiful gown, it is impossible to hide major and significant parts of the truth
No. But with no Trump in the White House they have to attack somebody. It’s what they do. Lie, Attack, Obfuscate.
They will blame it on climate change and white supremacy.
Bingo! The Dem's, in their desperation to take out Trump, chained themselves to a political corpse in Joe Biden - he doesn't have even a fraction of the BS-ability of an Obama or Bill Clinton.
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