post #51 inflation comparisons
Oh, my! That is REALLY awkward.
The barrel of oil is up 118% since the Beginning of Obama’s
third term.
If you consider how that impacts everything we buy, it’s no
wonder inflation is over 8% now.
The transportation costs have gone up at least 120%.
Add that in to the cost of everything we buy, one, two,
three or up to 5 to 10 times as parts and other things
are shipped here and there a number of times.
It isn’t over yet either. Shortages of oil will come
next > IMO. What will that do to the price? And then
the government will get involved, if it remains Leftist
and who knows if they’ll try to nationalize big oil or
not.
Buckle up...