Posted on 05/12/2021 9:14:14 AM PDT by BenLurkin
Wednesday’s report from the Labor Department showed sharply higher prices for everything from food and clothes to housing. A 10% surge in the prices of used cars and trucks — a record jump — accounted for roughly one-third of last month’s overall increases.
The cost of new cars was up 0.5%, the largest increase since last July. Prices for vehicles, both used and new, have been soaring as a result of heavy demand and a computer chip shortage that has slowed auto production and reduced dealer supplies.
Over the past 12 months, consumer prices have jumped 4.2% — the fastest rise since a 4.9% gain in the 12 months that ended in September 2008. Excluding volatile food and energy, core inflation rose 0.9% in April and 3% over the past 12 months.
(Excerpt) Read more at ktla.com ...
And the DemoRats are SHOCKED right.....only a fool votes Rat.
what... not Trumps fault???
In only a few months the democrats have managed to dismantle an America . . . MADE GREAT AGAIN.
The largest ever Social security COLA was 14% in 1980. I think these two numbskulls will beat that record.
We used to call Costco the “$100 club” - we now call it the “$200 club.”
The media will ignore it all, as they always do for Dems.
Jimmuh Carter finally got his second term.
Worries?
The goal of the Obidens is to obliterate the middleclass; there’s no better way than to inflate the currency away.
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