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Biden says reversing rampant inflation is a 'top priority' after cost of living rises 6.2% - its highest level in 31 years: Manchin slams president for claiming price jumps are 'transitory' and says 'it's getting worse'
Daily Mail ^ | 11/10/2021 | Melissa Koenig

Posted on 11/10/2021 9:07:53 AM PST by marcusmaximus

President Joe Biden has vowed to make reversing the country's rising inflation a 'top priority,' after the Consumer Price Index revealed inflation is at its highest level in 31 years.

The president has blamed the 6.2 percent increase in the cost of living on 'market manipulation' and 'price gouging,' despite the nation's top economists pointing to the country's supply-chain shortages and businesses struggling to meet the demand from widespread coronavirus pandemic-related shutdowns as the reason for the rise in prices.

Biden said in a statement on Wednesday his $1.2 trillion Build Back Better plan will help slow the growing inflation problem, even as household debt increases to a record high.

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: Business/Economy; Front Page News; Government; News/Current Events; Politics/Elections
KEYWORDS: biden; brandonflation; consequences; dementiajoe; democrats; economy; failure; letsgobrandon; liarincheif
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To: marcusmaximus

I thought the “border” was a top priority.

So confusing.

FJB!


21 posted on 11/10/2021 9:28:02 AM PST by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: xp38; Billthedrill
The next step comes from Atlas Shrugged: Directive 10-289.
22 posted on 11/10/2021 9:28:05 AM PST by Publius
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To: marcusmaximus

It’s getting to the point where Biden should consult with Carter for some best practices


23 posted on 11/10/2021 9:39:55 AM PST by cyclotic (I won't give up my FREEDOM for your FEAR)
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To: marcusmaximus

Jobama was for inflation before he was against it. Lying like every other puke democrat in DC!


24 posted on 11/10/2021 9:43:10 AM PST by drypowder
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To: MNJohnnie
Increased government spending is good for the economy, too,

That's right, because spending money WAY over the amount you actually have is a great way to run your finances. Politicians, like most Americans, are great at managing debt. They just suck at managing wealth, unless it's to line their own pockets, which is the problem.

25 posted on 11/10/2021 9:51:03 AM PST by Turbo Pig ('to close with and destroy the enemy")
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To: marcusmaximus

Biden & company cannot pour pee from a boot-—with the directions written on the heel.


26 posted on 11/10/2021 9:55:00 AM PST by ridesthemiles ( )
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To: marcusmaximus
The president has blamed the 6.2 percent increase in the cost of living on ‘market manipulation’ and ‘price gouging...

"Wreckers and saboteurs, comrades! The Five Year Plan is at stake! We must be vigilant!"

Been down this road before. "Build Back Better" is going to haunt Biden, mark my words.

27 posted on 11/10/2021 10:07:09 AM PST by Billthedrill
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To: marcusmaximus

My guess, just like in the days of FDR who was fighting deflation, Biden will do everything to make it worse.


28 posted on 11/10/2021 10:48:12 AM PST by Sam Gamgee
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To: marcusmaximus

Never fear. Mighty Brandon’s going to tax, beg, borrow and spend us back to prosperity. LGB!


29 posted on 11/10/2021 11:04:48 AM PST by Jim Robinson (Resistance to tyranny is obedience to God.)
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To: marcusmaximus

Perhaps, ... but will he be focused like a laser?


30 posted on 11/10/2021 12:51:12 PM PST by dartuser
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To: marcusmaximus

The only way he’s going to stop inflation is by tearing up that infrastructure bill and resigning (after firing Kamala and naming Donald Trump as his new VP).


31 posted on 11/10/2021 1:23:18 PM PST by Boogieman
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To: AnthonySoprano

Rationing before the end of his term.


32 posted on 11/10/2021 1:25:50 PM PST by mware (RETIRED)
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To: marcusmaximus

I’m guessing his top priority is on par with the top men’s spoken of in the Indiana Jones movies.


33 posted on 11/10/2021 1:38:23 PM PST by rottweiller_inc (inter canem et lupum)
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To: marcusmaximus

Sounds like another job for handing off to Kamalala. Since she’s doing so well...


34 posted on 11/10/2021 2:46:25 PM PST by JustaTech (A mind is a terrible thing)
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To: mware

“Rationing before the end of his term.”

Read and take heed.


35 posted on 11/10/2021 7:36:04 PM PST by RKBA Democrat (Culture, culture, culture. Not politics. )
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To: Jim W N
 
 

     

 


36 posted on 11/11/2021 5:45:33 AM PST by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: marcusmaximus

He creates a major crisis and now that
s a priority? WTF? It’s like robbing a bank and now saying it’s a priority to find the robber.


37 posted on 11/11/2021 5:46:42 AM PST by 1Old Pro (Let's make crime illegal again!)
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To: marcusmaximus

C’mon, Manchin. For once in your life do the right thing — the honorable thing — and help put an end to this sh*t (or at least slow it down a bit) by giving Republicans a one-vote majority in the Senate.


38 posted on 11/11/2021 5:47:56 AM PST by glennaro (Although I don't believe in "big conspiracies", neither do I believe in "big coincidences")
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To: marcusmaximus
Biden is full of bull excrement.

Let's Go Brandon!

FJB

39 posted on 11/11/2021 6:08:24 AM PST by upchuck (The longer I remain unjabbed, the more evidence I see supporting my decision. Psalm 144:5-8)
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To: marcusmaximus

“Biden says reversing rampant inflation is a ‘top priority’ after cost of living rises 6.2% - its highest level in 31 years.”

Is he afraid it might go back down?


40 posted on 11/11/2021 7:30:43 AM PST by Forlonge (The beginning of wisdom is to call things by their proper name. ― Confucius)
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