Posted on 04/18/2022 3:10:14 PM PDT by bitt
President Joe Biden just set another record: The worst inflation since 1981, as consumer prices climbed a staggering 8.5% over the 12 months ending in March.
That’s our sixth straight month of inflation above 6%, and our 11th straight month above 5%.
The White House response? A waiver to allow usually banned sales of high-ethanol gasoline over the summer, which impacts only the gas sold at 2,300 gas stations nationwide, out of around 150,000 total.
Pathetic.
The inflation picture gets even uglier when you drill down (though, of course, Team Biden opposes new drilling). Fuel oil is up an eye-popping 70%; gasoline, 48%. Not a single category of food saw sub-7% inflation.
The overall number just for March was 1.2%, the sharpest monthly jump since September 2005. That translates to a loss of 2.7% for monthly wages.
This inflation is costing the typical family (median household income of $67,500) at least $5,000 a year. see also Left: President Joe Bidne. Right: Forensic police officers exhume dead civilians in Bucha, Ukraine on April 12, 2022.Filet mignon for sale at a Whole Foods grocery store in Washington, DC, USA Biden admits he’s ‘starting to bore’ himself during Iowa speech on inflation
“Extraordinarily elevated” numbers, Biden’s departing flack Jen Psaki called them, before again repeating the bogus claim that it’s all “Putin’s price hike.”
Hardest hit are those Democrats claim to care about most: Some 35% of non-white voters report major financial strain along with almost 50% of voters with incomes below $60,000.
But the president refuses to adjust course. His budget calls for more taxes, more borrowing, more spending. He’s made no move to end his war on domestic energy. And he definitely won’t admit that his disastrous American Rescue Plan was, as a Fed study has shown,
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From what I have read it also lowers the gas milage. Pathetic indeed.
81 million ballots.
It is going to be damned hard to overcome those 81,000,000 votes.
Eighty-one million votes!
That is one hell of a head start.
apparently Biden is confident that his 81 million votes can be produced again next election.
The last evil benefit to mention is the most scary: it destroys an economy when it gets high enough. This engineered crisis opens up a social change that would otherwise be unacceptable. Lenin used hyperinflation to destroy Russia and impose Communism.
Why not? They got away with stealing a Presidential election with zero indictments. Who is going to stop them from rigging the house and senate elections?
Using E15 in and engine that is not set up to use it will cause a lot of damage to the gaskets, o rings, and pollution sensors. It is not recommended for use in non E85 vehicles and I doubt Joe knows that and it concerns me that his staff doesn’t either.
E85 not E15. Duh.
A 10% ethanol blend reduces gas mileage by 10%. You burn 10% more fuel to go the same distance.
Ethanol is Ag-welfare, nothing more.
Now we’re going to have food shortages, imagine that! Making inefficient fuel out of corn doesn’t seem too smart.
Yep, less kJ/L than just gasoline.
I’m not certain, but I have read than ethanol based gasolines destroy seals in the engine at a faster rate.
“...it concerns me that his staff doesn’t either.”
His staff are all fellow travelers whose educational achievements are evidenced by their degrees in gender studies, political science, journalism, and similar puddinheaded subjects.
Not sure why Biden should be blamed for Barak’s policies?
The White House response? A waiver to allow usually banned sales of high-ethanol gasoline over the summer, which impacts only the gas sold at 2,300 gas stations nationwide, out of around 150,000 total.
Can someone here explain why only 2,300 stations are impacted?
Thankfully, I doubt he intends to run again, nor his cackling veep. He is place holder while the Agenda rolls out. We may very well ‘win’ with the likes of OZ and others, but we will rue it later.
Luckily for us in Salt Lake we can get non-ethanol gas at the Maverick chain of stores. It’s more expensive but I use it in everything now.
Maybe the rest know not to use it as it can harm vehicles that are not designed to run on it.
A lot of stations don’t have E85.
“Forty years ago, we used entirely different CPI than we use today. And as far as I can tell, we are generally missing the mark by about half, meaning that if we use the 1981 CPI to measure the 2022 price increases, we probably would see a year-over-year rise of 17%, which is twice eight-and-a-half.”
-Peter Schiff
E15 requires its own tanks and pumps. Few stations are so equipped.
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