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Weekend Update! Mortgage Rates UP 87% Under Biden, Gasoline UP 80%, Food UP 59%, Commodities UP 63%, WTI Crude UP, Rents UP 17% YoY (Ain't That A Kick In The ... Head!)
Confounded Interest ^ | 05/08/2022 | Anthony B. Sanders

Posted on 05/08/2022 8:29:29 AM PDT by Browns Ultra Fan

As crooner Dean Martin once said, “Let ’em have it!” Ain’t this a kick in the … head.

Perhaps Joe Biden and Fed Chair Jay Powell are channeling Dean Martin by letting us have it.

Since Obama’s 3rd term as President (aka, Biden’s installation as President on January 20, 2021), mortgage rates have risen 87%, regular gasoline prices have risen 80%, CRB foodstuffs are up 59% and Commodities are up 63%.

And don’t forget about America’s energy life force, WTI Crude Oil. It is UP 123% under Biden.

Rents? Rising at a 16.8% rate.

Rents rising, food costs rising, energy costs rising, Biden and The Fed are taking us higher. In terms of prices and cost of living.

(Excerpt) Read more at confoundedinterest.net ...


TOPICS: Business/Economy; Food; Government
KEYWORDS: biden; blogpimp; economy; fed; fjb; inflation; prices
Biden or whoever the Democrats put up had better be defeated. We are getting clubbed in the nuggets, as Ron Swanson would say.
1 posted on 05/08/2022 8:29:29 AM PDT by Browns Ultra Fan
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To: Browns Ultra Fan

This is a lie. Core inflation is only 8.3% or some such. Brandon said so.


2 posted on 05/08/2022 8:30:47 AM PDT by AndyJackson
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To: Browns Ultra Fan

The War of the ELITES in Ukraine is an added accomplishment of Joe Biden.


3 posted on 05/08/2022 8:30:47 AM PDT by rovenstinez ( )
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To: AndyJackson

It’s transitory!!


4 posted on 05/08/2022 8:34:33 AM PDT by SaveFerris (The Lord, The Christ and The Messiah: Jesus Christ of Nazareth - http://www.BiblicalJesusChrist.Com/)
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To: AndyJackson

Everyone can pull out their own check register and compare bills a year ago with bills today.

The numbers speak for themselves.


5 posted on 05/08/2022 8:39:23 AM PDT by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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To: cgbg

I just got back from putting 14 and a 1/2 gallons of premium in my wife’s car at a cost of $66.

I bet someone responds and says I should be grateful it wasn’t $100.


6 posted on 05/08/2022 8:44:16 AM PDT by V_TWIN (America...so great even the people that hate it refuse to leave)
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To: Browns Ultra Fan

Rents are high? We have a plague of homelessness? Biden’s solution: bring in two million illegals to compete for entry level jobs and housing!


7 posted on 05/08/2022 8:45:05 AM PDT by Steve_Seattle
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To: All

this inflation will bankrupt pensions rather quickly. then what?


8 posted on 05/08/2022 8:50:33 AM PDT by SteveH (.)
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To: Browns Ultra Fan

As soon as that 1/2 point FED increase kicks in ...

[/s]


9 posted on 05/08/2022 9:01:17 AM PDT by TomGuy
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To: Browns Ultra Fan

Love logging into my Fidelity accounts, watching them go down, down, down.


10 posted on 05/08/2022 9:07:02 AM PDT by americas.best.days... ( Donald John Trump has pulled the sword from the stone.)
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To: AndyJackson

Bttt


11 posted on 05/08/2022 9:46:52 AM PDT by ChildOfThe60s ( If you can remember the 60s.....you weren't really there..)
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To: V_TWIN

I put 15 gallons of regular in my truck yesterday and it was almost 60. Thanks Joe.


12 posted on 05/08/2022 9:54:05 AM PDT by saturn
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To: Browns Ultra Fan

Just like during the nightmare obama years, biden is doing everything right if looked at through the prism of intentional destruction of the United States of America and her allies.

In a very real sense the democrat party is akin to the Anti-Christ for America. Kryptonite for its well being. Ebola for its long term health prospects. A Colorado sized direct hit comet for its infrastructure. The smell from biden’s hourly diaper change during supper time.

Anyone who votes democrat is also responsible for this. Every. Single. Dem. Voter.


13 posted on 05/08/2022 10:40:32 AM PDT by Boomer (Piss On A Commie For Mommy!)
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To: Browns Ultra Fan

Nothing to worry about, we won’t run out of money, they can just print more as we need it...


14 posted on 05/08/2022 11:59:20 AM PDT by eyeamok (founded in cynicism, wrapped in sarcasm)
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To: Browns Ultra Fan

According to Biden, Taxes are going up if Republicans win in 2022. Press conference Tuesday.
If Republicans aren’t all over this tomorrow (stupid is as stupid does) they deserve to lose.


15 posted on 05/08/2022 6:07:31 PM PDT by griswold3 (When chaos serves the State, the State will encourage chaos.)
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