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Bidenflation: 18.6% so far! Did your income go up that much?
Bureau of Labor Statistics ^ | Ides of March, 2024 | Uncle Miltie

Posted on 03/15/2024 5:32:46 AM PDT by Uncle Miltie

The Consumer Price Index has increased 18.6% from 261.582 in January of 2021 when Biden took office to 310.326 in February 2024.

Has your income gone up 18.6%, or did Biden make you POORER?


TOPICS: Business/Economy; Editorial
KEYWORDS: bideneffect; bidenflation; bidenomics; cpi; economy; inflation
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Inflation compounds.

You are not imagining things.

You've been screwed.

Ask your neighbors if their incomes have gone up 19%, or if Biden stole their money too?

1 posted on 03/15/2024 5:32:46 AM PDT by Uncle Miltie
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To: Uncle Miltie

bttt


2 posted on 03/15/2024 5:34:33 AM PDT by Pajamajan (Pray for our nation. Never be a slave in a new Socialist America..)
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To: Uncle Miltie

Ain’t Bidenomics great?


3 posted on 03/15/2024 5:39:12 AM PDT by Kharis13
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To: Uncle Miltie

Stop it Jamie Dimon just said the other day the economy was booming.

Things are great.

Migrants and nonenforcement of the law have saved the economy as predicted.


4 posted on 03/15/2024 5:40:22 AM PDT by MrRelevant
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To: Uncle Miltie

Lets be clear.. DEMOCRATS made us poorer, Pedo Joe is just their inept puppet.


5 posted on 03/15/2024 5:42:30 AM PDT by TexasFreeper2009
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To: Uncle Miltie

I’m betting that the actuaries of the insurance industry have better integrity than the ones used by federal agencies.

Car Insurance rates went up 20% last year.


6 posted on 03/15/2024 5:43:45 AM PDT by Justa
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To: Uncle Miltie

That 18% is a lie or a general average. Like I posted a few days ago we ate at Taco Bell’s for the first time since 2020 ( my kids like to eat at mex places so no reason to go to Taco Bell). And I think the prices are almost 100% higher now.

Ex their reg tacos now like $2.39 used to be about a buck.


7 posted on 03/15/2024 5:45:19 AM PDT by Phoenix8
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To: Uncle Miltie
"The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation."

Lenin

8 posted on 03/15/2024 5:45:30 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: Uncle Miltie

It going to get worse. Inflation is just the first act. The second act are the increases in taxes to cover the cost of inflation. The givermint needs their income too. Local and state givermints can’t print money like the Feds.....


9 posted on 03/15/2024 5:48:14 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: Uncle Miltie

“The Consumer Price Index has increased 18.6%.”

This is not the 100%-200% suppliers are now price gouging for products. So it is actually 100% and more for most products.


10 posted on 03/15/2024 5:51:27 AM PDT by Openurmind (The ultimate test of a moral society is the kind of world it leaves to its children. ~ D. Bonhoeffer)
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To: Uncle Miltie

18.6%?? Who are they kidding? My grocery bill is up more than 60% at Wal Mart. Items that totaled $97 in July 2021 today cost $161. I have the receipts to prove it.


11 posted on 03/15/2024 5:53:58 AM PDT by Restless
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To: Uncle Miltie
Minor prophets end times inflation prophecy.


12 posted on 03/15/2024 5:59:19 AM PDT by Karl Spooner
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To: Openurmind

Price gouging is a commie phrase.


13 posted on 03/15/2024 6:03:29 AM PDT by bankwalker (Repeal the 19th ...)
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To: bankwalker

I have been a businessman all my life. Price gouging is a greedy fact. Anyone who approves of it is immoral and greedy.

Period...


14 posted on 03/15/2024 6:10:11 AM PDT by Openurmind (The ultimate test of a moral society is the kind of world it leaves to its children. ~ D. Bonhoeffer)
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To: Uncle Miltie

Does this data include housing and transportation figures? Because last I heard, those had been removed from the equation. It’s more like 30% with those added in.


15 posted on 03/15/2024 6:11:53 AM PDT by dware (Americans prefer peaceful slavery over dangerous freedom)
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To: Uncle Miltie
18.6%

Worse than that if you are buying a house or used car.

16 posted on 03/15/2024 6:45:50 AM PDT by ding_dong_daddy_from_dumas (Re-imagine the media!)
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To: Uncle Miltie

Let’s go Brandon!


17 posted on 03/15/2024 6:52:46 AM PDT by blueunicorn6 ("A crack shot and a good dancer” )
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To: Phoenix8

The lie is in the makeup of the index. Optional things are even cheaper on a lot of items as people are cutting back but things such as food, energy etc are well above this 18% smokescreen.
So the rich benefit and the struggling middle class gets it in the neck.


18 posted on 03/15/2024 7:03:45 AM PDT by slorunner
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To: Uncle Miltie

Bullshit.

Food has DOUBLED in cost.


19 posted on 03/15/2024 7:05:14 AM PDT by Lazamataz (Laz 2005: "First, we beat the Soviet Union. Then we became them.")
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To: Uncle Miltie

I would say that 18.6 is too low comparing my expenses now to 2021.


20 posted on 03/15/2024 9:01:49 AM PDT by Shark24
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