Posted on 06/16/2021 8:12:26 AM PDT by ChicagoConservative27
The U.S. manufacturing sector is getting battered by high levels of inflation of the costs of inputs that businesses are struggling to pass on to consumers.
The prices of materials and components used by manufacturers rose in May by 2.4 percent compared with April, a blazing hot level of inflation rarely experienced before the current bout of rising prices.
(Excerpt) Read more at breitbart.com ...
I like it…Bidenflation.
Basic raw materials prices are crazy. Distributors will not honor price quotes for more than a few days. We’ve seen this before during the Obama years. But I expect that under Biden we’re going to be dealing with it for years, not months.
Spread it far and wide
Temporary and Transitory.
We promise.
Just for two weeks so we can flatten the curve.
And they kept their word…
You know, that gives me a thought: Biden has promised to tax the soul out of everyone making over a certain amount. What if, due to inflation, a lot more people were suddenly making that amount? why, he’d only be keeping a promise
Biden does not understand or comprehend inflation. His mind does not work.
Don’t worry, we won’t run out of money. they are printing it like crazy.
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