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White House says it expects inflation to be ‘extraordinarily elevated’ in new report
Cnbc ^ | 04/11/2022 | Thomas Franck

Posted on 04/11/2022 12:53:02 PM PDT by ChicagoConservative27

WASHINGTON — The Biden administration is bracing for Tuesday’s key consumer inflation report to show that the prices Americans pay soared in March, as Russia’s assault on Ukraine caused energy prices to jump.

White House press secretary Jen Psaki said Monday that the Labor Department’s previous report – which showed prices rising at a dramatic rate in February – failed to include the majority of the jump in oil and gas costs caused by the Kremlin’s unprovoked invasion.

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: bideneconomy; elevated; extraordinary; inflation; whitehouse
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Whitehouse is full of BEEP
1 posted on 04/11/2022 12:53:02 PM PDT by ChicagoConservative27
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To: ChicagoConservative27

Putin’s fault....Oh, Trump’s fault.....and Christians are at fault as well.

The left——state that everything is a crisis and blame everyone else.


2 posted on 04/11/2022 12:56:18 PM PDT by mikelets456
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To: ChicagoConservative27
And CNBC follows their narrative gleefully...

The Biden administration is bracing for Tuesday’s key consumer inflation report to show that the prices Americans pay soared in March, as Russia’s assault on Ukraine caused energy prices to jump.

3 posted on 04/11/2022 12:56:41 PM PDT by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: ChicagoConservative27

Let’s go Brandon; to the funny farm.


4 posted on 04/11/2022 12:56:43 PM PDT by Paladin2
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To: ChicagoConservative27

“as Russia’s assault on Ukraine caused energy prices to jump.“

Yeah go all in on the blame shift.


5 posted on 04/11/2022 12:58:48 PM PDT by gibsonguy
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To: ChicagoConservative27

Watch, these idiots will try and implement wage and price controls.

5.56mm


6 posted on 04/11/2022 12:59:45 PM PDT by M Kehoe (Quid Pro Joe and the Ho need to go.)
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To: ChicagoConservative27
as Russia’s assault on Ukraine caused energy prices to jump.

They mean Brandan's failed energy policy and production restrictions.

7 posted on 04/11/2022 1:00:20 PM PDT by 1Old Pro
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To: ChicagoConservative27

it is amazing how fast prices are going up
it is just like how bad it was in the 1970’s


8 posted on 04/11/2022 1:01:22 PM PDT by faithhopecharity (“Politicians are not born. They’re excreted.” Marcus Tillius Cicero (106 to 43 BCE))
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To: ChicagoConservative27

If you repeat a lie often enough . . . I am seeing this “Putin caused the price of oil to go up” line everywhere. The script has been sent out and all the usual infotainment media are dutifully reporting it this way.

What are the chances the majority of the low information American public laps it up like so much warm milk?

If this democrat-media-corporate cabal isn’t broken up or our population is sufficiently educated to see through it, then I don’t see much hope for the future.


9 posted on 04/11/2022 1:01:27 PM PDT by con-surf-ative
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To: unixfox
I know most meats, fish, produce, dairy, and perishables are rotting before they even go out in the stores. It's not a supply and demand thing, it's that the supply sits and sits somewhere besides the store shelf or display. Normally discounting the products to increase sales and replenishment is being forbidden by the chain grocers management. Much of it just goes in the dumpsters.

This is all deliberate.

10 posted on 04/11/2022 1:03:12 PM PDT by blackdog (Today's "disinformation" most often turns out to be tomorrow's facts. )
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To: faithhopecharity

my favorite frozen chicken breast went from 7.99 to 12.99 in a month.


11 posted on 04/11/2022 1:03:17 PM PDT by Jolla
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To: unixfox
“ as Russia's assault on Ukraine caused energy prices to jump.”

The full statement reads:

“as Russia assault on Ukraine and global warming and lack of diversity and systematic racism and gun violence caused energy prices to jump.”

12 posted on 04/11/2022 1:03:27 PM PDT by thegagline (Sic semper tyrannis )
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To: ChicagoConservative27
White House says it expects inflation to be ‘extraordinarily elevated’... and Putin's fault.
13 posted on 04/11/2022 1:06:30 PM PDT by TChad ("Joe, we should evacuate the civilians before the military. You understand that, right? Joe?")
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To: ChicagoConservative27

They will of course blame everything on Russia, when the reality it was Dem economic policies and deficit spending which caused it.


14 posted on 04/11/2022 1:07:46 PM PDT by jimwatx
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To: ChicagoConservative27

And, It’s all on you, whomever is pulling the strings for the Jihad Junta…


15 posted on 04/11/2022 1:07:55 PM PDT by Shady (The #JihadJunta: "We are now a nation of Men, Not of Laws. You are not as equal as we are...")
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To: ChicagoConservative27

Whoa, this Lesko guy is a pretty sharp cookie. Not as sharp, say, as an Oreo but right up there with a macaroon. That Putin guy is so strong he managed to initiate inflation a whole year before he invaded. Well, him and the white supremacists and the climate deniers...


16 posted on 04/11/2022 1:08:30 PM PDT by Billthedrill
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To: con-surf-ative

AP/Whatever Poll today, Putin, Putin, Putin blah blah blah… and this was a FoxGnus Radio “news break…”


17 posted on 04/11/2022 1:10:13 PM PDT by Shady (The #JihadJunta: "We are now a nation of Men, Not of Laws. You are not as equal as we are...")
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To: ChicagoConservative27

I am going broke. I am not in the position to afford these rising prices. And I will not accept it as Russia’s fault. That is a Biden cop out becaue all of this is at the feet of this illegitimate administration.


18 posted on 04/11/2022 1:10:47 PM PDT by dforest
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To: Jolla
my favorite frozen chicken breast went from 7.99 to 12.99 in a month.

How much chicken are you talking about? Surely that's nor per lb pricing, is it?

19 posted on 04/11/2022 1:13:13 PM PDT by Living Free in NH (now in Florida and loving life)
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To: ChicagoConservative27

Russia! Russia! Russia! Putin! Putin! Putin!


20 posted on 04/11/2022 1:19:46 PM PDT by citizen (Thieves of private property pass their lives in chains; thieves of public prop. in riches and luxury)
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