"Honey will you pick me up a loaf of bread on your way back from work?" "Yes dear, sigh. Just let me grab some money."
Posted on 12/10/2021 3:11:19 PM PST by JV3MRC
CNN can’t help itself. The network actually spun news of Americans seeing the highest inflation in nearly 40 years as positive news in an attempt to benefit President Joe Biden.
The Bureau of Labor Statistics released a jaw-dropping report showing that the Consumer Price Index skyrocketed 6.8 percent on a year-over-year basis in November. The inflation was “even more than expected,” and was the “fastest rate since 1982,” according to CNBC. CNN Chief Business Correspondent Christine Romans kicked off her coverage of the inflation news on CNN Newsroom by initially characterizing it as a “gut punch that feels like it really peaked there,” and “the worst in years.” Then came the incredible spin: “But demand is strong. This is a sign of a really strong economy, guys. People are rushing out all at the same time to buy the stuff they want after we’ve been in a huge pandemic.” Perhaps Romans didn’t realize that “too many dollars chasing too few goods” is actually a glaring reason why the U.S. is experiencing horrific inflation now.
(Excerpt) Read more at newsbusters.org ...
Crap Not News
Biden has more boosters than Pfizer. All of them probably handsomely paid for being fanboys and fangirls.
The only thing weaker than this economy is job bidens butt hole.
That was another old Jimmah Carter trick.
Inflated prices inflated the GDP and a bunch of other data measured in dollars...
Nobody fell for it then, and nobody is going to fall for it now.
Number of units sold of any good or service is the correct apples to apples measurement.
Even that can inflate the numbers for goods subject to shrink-flation packaging.
It’s to be expected after the Biden Regime complained the media was not a big enough cheerleader for the regime.
Local CBS is spinning it as income has risen since so many were out of work during CV.
Wonderful News!!! The chocolate ration has been increased to 30 percent less that last month!
The national CBS is saying the average person has to spend $4000 more than the previous year.
“Hey, it’s a great economy. Not quite as great as, say, Zimbabwe or Venezuela or Weimar Germany, but great. Don’t worry. We’ll get there.”
How Orwellian of CNN.
Per Orwell’s “1984”:
“War is peace.
Freedom is slavery.
Ignorance is strength.”
Per CNN today:
Inflation numbers are a “gut punch that feels like it really peaked there,...the worst in years...But demand is strong. This is a sign of a really strong economy, guys. People are rushing out all at the same time to buy the stuff they want after we’ve been in a huge pandemic.”
And the amazing thing is that there millions and millions of Americans that believe this sh!t.
I sure missed those glowing stories when inflation was high during Reagan’s first term.
Look on the bright side. People are getting stronger. It used to take 2 full growed men to carry out $100 of groceries. Now any little old lady can do it.
One of the biggest taxes is one that is not even called a tax — inflation. When the government spends money that it creates, it is transferring part of the value of your money to themselves. - Thomas Sowell
Somewhere, Axis Sally and Tokyo Rose are smiling...
"Honey will you pick me up a loaf of bread on your way back from work?" "Yes dear, sigh. Just let me grab some money."
RATS aren’t smart enough to understand the business model of a lemonade stand...
our local rag was running a big story about how there isn't so much flu because of all the precautions for covid........
every chance they get they lie and keep making bigger lies...
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