Posted on 08/11/2021 2:12:58 PM PDT by janetjanet998
WASHINGTON (NEXSTAR) — The White House is remaining optimistic and Republicans are sounding the alarm after U.S. consumer prices rose yet again in July, according to federal data.
The U.S. Bureau of Labor Statistics says the consumer price index for all urban consumers has increased 5.4% over the last year and inflation was up for the third month in a row.
President Joe Biden on Wednesday announce that his administration is taking new steps to lower prices at the pump and the grocery store. Biden said his plan will “crack down on what some major players are doing in the economy that are keeping prices higher than they need be” and “put more money in your pocket.”
One aspect of the inflation, he said, is supply chain bottlenecks. He said he’s working to fix that.
“Bringing together port operators, shipping lines and the labor unions … to speed up the ports’ operation,” he said.
Just change how you count inflation again. It worked last time when they removed food and energy.
If employers would get off their greedy butts and hire at the going wage rate we would have supplies. F all parties involved.
PS: YOU DON'T NEED PORTS IF YOU MAKE THINGS DOMESTICALLY!!!
STOP SPENDING !!!!!
Sounds like another Windfall Profits Tax is on the menu.
You "business" types have no problem with government manipulating wages down with hundreds of thousands of annual work visas and massive amounts of LEGAL immigration but when they do the opposite like subsidize ridiculous unemployment YOU HAVE F--ING TANTRUM. LOL!!!
Monopoly money
People love any excuse to use the word bolt to say ran away but bolt means to move suddenly and horses getting out of the barn just walk through an open door. If you were walking up to a horse that was calmly standing a d letting you approach but then suddenly ran away, that would be bolted. Nothing personal just trying to protect the language.
BS. Before WWII only 1.5% of GDP were imports. 2% exports. You Free Traitors and gloBULLists did a heck of a number on the US economy. You F'd it up royally. I am tired of your BS lies and crapola.
That would bring a whole different set of challenges, but I’m ready to deal with them.
What was funny was that they thought common people could have any effect on inflation. What can we do, refuse to pay for food or gas? I guess stop consuming? Inflation is a product of government not people. Asking people to stop it is like asking people to control global warming.
Go back and do the research on how this country grew from its infancy. Pick a random census year any time from 1790 to the mid-1800s and check out a list of the ten largest cities in the U.S. that year. You’ll notice almost every one of them has one thing in common: they were major port cities.
The Bastard-in-Chief has the economic IQ of a doorknob.
Just what I was going to say.
Everything the media says is an inversion of reality.
What do you think is going to happen to the prices of goods and services when people are taxed by the mile.
Yeah that was just passed in the “infrastructure” bill.
I love this quote
"Buy our cheap, foreign products, do it now. You like free enterprise, don’t you? What’s more free than your boys and girls in the Navy guarding Chinese ships shipping Chinese products from Chinese companies to run-down American towns that were once industrial hubs?”
So true.
Link: The Left’s Revolution Dominates Every American Height, And They Don’t Know Why We Aren’t Cheering
Biden is going to combat himself?
Time for Directive 10-289, I guess.
“I say break out the W.I.N. (Whip Inflation Now) buttons.”
And eat everything that is on your plate. Don’t throw anything away. Make do with what you have.
more communism. price fixing, coercion.
GET OUT OF THE WAY GOV COMMIES.
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