Posted on 03/10/2022 6:21:22 AM PST by ChicagoConservative27
Inflation climbed to another four-decade high in February with prices expected to push even higher on the back of soaring energy prices following the Russian invasion of Ukraine.
The Department of Labor said that the consumer price index rose 7.9 percent compared with a year ago. Prices were up 0.8 compared with the prior month.
(Excerpt) Read more at breitbart.com ...
The political class doesn’t care, it’s middle class Americans who are getting harmed, and they hate us anyway.
Inflation is not a problem for the elites.
Just saying.
C’mon, man. The spending bill has to go up to keep pace with inflation.
The Department of Labor said that the consumer price index rose 7.9 percent compared with a year ago.
Well, when you provide gubmint checks, stimulus checks, scam tax refunds, and all kinds of money no one earned, it sorta floods the market, right?
Don’t you know everything that is rising hurts the planet anyway just as well that you can’t afford it.
Good point; they can’t state the true figure because besides the political fallout, they’d have to adjust Social Security payments and such.
I’m surprised this is allowed to be reported, as it seemed the Bidenistas were going to just focus on oil/gas prices and blame Putin. I saw the same thing creeping in about Ukrainian grain; another “blame Putin” move to connect gas pump prices to those on supermarket shelves.
Bidenflation at work.
Wow, I guess that explains my latest grocery bill. Thanks DOL.
I want to thank the GOPe for allowing Joe Biden to steal the 2020 election. The GOPe are hard core supporters of Joe and his Build Back Never agenda.
Brandonfication of the economy.
Also reported this morning, real incomes down another .5%. That is a 1.1% drop in real income in the last 2 month. Initial and continued jobless claims are also up.
Most of the GOP preferred a Republocrat like Biden to a nationalist like Trump; they proved it to us by obstructing Trump for 2 years to deliver the House to the Dems (so they could go back to the theater/charade of a “two-party system”).
I just saw that this morning. Crazy isn’t it?
The Covid bill is still mostly unspent. The infrastructure bill hasn’t really even started. And now, we add another 1.3 Trillion.
That is about $4 trillion MORE coming into the system for the next 18 months.
But no mean tweets.
I believe this puts us smack dab in Jimma Carter Territory.
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