Posted on 10/13/2021 8:37:53 AM PDT by Red Badger
Inflation was up 5.4% year over year in September – the highest rate in 13 years!
Prices rose 0.4% in Sept, up from 0.3% in August
Gas, food, and goods continue to be key drivers of inflation. Gas is up 25% under Joe Biden — the poor and middle class hurt the most.
BREAKING: Inflation was up 5.4% over last year in September – the highest rate in 13 years.
Prices rose 0.4% in Sept, up from 0.3% in August
Gas, food and goods continue to be key drivers of inflation. Used car prices fell slightly but remain 24% higher than last year. pic.twitter.com/8cN1eHaBvQ
— Heather Long (@byHeatherLong) October 13, 2021
So meat up 12% YTD. Gas 42%. But inflation is 5.4%? I guess everyone is vegan and drives electric cars. But then again if gas goes up doesn’t that mean energy going up? Lol. How long before you are paying just like for gas to charge up your tesla? Lies & deception 24/7.
— NEW AMERICA (@TheNewAmerica77) October 13, 2021
In today’s #inflation release, US #CPI continued to rise at an elevated rate, growing 5.4% in September. pic.twitter.com/mHtL9f3zY2
— Exante Data (@ExanteData) October 13, 2021
CBC.com reported:
The inflation rate rose to a 13-year high in September as rising costs for food and shelter pushed the rate up to 5.4 per cent.
Higher prices for food and shelter made up half of the increase in the overall rate, the U.S. Bureau of Labour Statistics said in a release. But the biggest individual category increase was energy, the cost of which has risen by almost 25 per cent in the past year.
Economists were expecting the number to come in at around 5.3 per cent, which would have been the highest rate since 2013. But the figure ended up being even higher.
“The Biden Plan is working.” - Joe Biden
Dem Person on the Street:
Gosh, I love Biden. Those gas prices at the pump and now everything costs more even delivered by Amazon. But it’s for the good cause of getting Trump out.
Could somebody here help me get my car out of the driving lane and onto the side? I kinda ran out of gas. Had to spend it on food and higher insulin costs for my mother. Now that I’m out of work I can’t afford a lot of stuff.
Gosh.
Remember when President Trump was President and things were going good?
Media: “The truth is that this is actually pretty great news!”
And the chocolate ration has been raised to 20 grams! Praise Big Guy!..................
Let’s go, Brandon.
Yes, I paid off my 30 year mortgage at 16 years thanks to President Trump tax reform!.........................
Bidenized the economy. (FUBAR)
Gas at Costco right now is 30 percent higher than what it was under Trump. Our favorite restaurant has raised its hamburgers 30 percent over what they were last year under Trump. 5.4 percent, go figure.
While I do believe it is going to become a problem. This annual rate is not serious at this point given the stimulus that is supposedly being pumped into economy.
BIDEN EFFECT = MASSIVE CHAOS
liars. 50% at least.
All the Fast food joints here have raised their prices. They are all advertising that $15 per hour wage. They still can’t get any takers! ........................................
And take a look at hotel prices. I looked for a room in Boston I used to find for 250ish and they are now all up over 350 for a standard room.
Being a tourist mecca, our hotels are always expensive, except in the off season and they are still pricey..................
Equilibrium price is higher than 5.4%. They need to raise prices higher to avoid shortages.
Inflation will get worse. The stock market will sag. Tje whole economy will sag.
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