Posted on 09/10/2021 8:46:05 AM PDT by Red Badger
“ 2 weeks to flatten the transitory inflation.”
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I wonder how much pressure is being put on the Bureau of Labor Statistics bureaucrats to do whatever they can to minimize the measurements that get reflected in the consumer price index.
No surprise to me. I am a producer and procurer of common industrial commodity goods. Material input costs have been rising all year - this after a huge jump due to covid related shortages. A few months back I got two price increase notifications for the same material on the same day!
Misery index now over 8%.
My dad mentioned something like that during Carter; what was the index then?
much higher like 12%...still Biden’s is the worst since reagan.
Current estimates say that a COLA should be around 6.02% to reflect this inflation.
It is gonna be interesting to see what kind of semantic contortions the govt goes through to get it down to 1%.
They’ve got three months.
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