Posted on 01/18/2023 6:20:15 AM PST by ChicagoConservative27
The Bureau of Labor Statistics last week confirmed what everyday Americans who shopped over the holiday season already know: Historic inflation continues unabated, eroding Americans’ real wages and living standards. Overall inflation over the past 12 months — the calendar year of 2022 — increased by 6.5 percent, far exceeding average wage growth, and core inflation actually rose last month. Services prices grew at their fastest rate in 40 years.
Yet you wouldn’t know it from President Biden’s celebratory remarks following the release of these numbers. Biden took credit for the slight moderation in topline inflation that remains more than three times the Federal Reserve’s target rate, claiming it’s “clearer than ever” that his policies are working. He also bragged about the low unemployment rate, ignoring how labor force participation remains significantly depressed compared to pre-pandemic levels.
(Excerpt) Read more at thehill.com ...
And they VOTE FOR DEMOCRATS EVERY TIME! DUMBASSES.
FJB
Guessing older retired fixed income white folks need not apply? I know, I know. Should have planned better.
Hence when you tell the next lefttard to go suck an egg, they may not be able to afford it.
Who could possibly believe that he's "reduced the deficit $1 Trillion"???
There was a radio news brief yesterday touting how fantastic it was that credit card spending has greatly increased in December.
The brief failed to connect increased credit card spending to increased inflation for groceries and home needs.
Women and minorities hardest hot, version 100111011110010111110111111111011101 ... in bianary.
Hit ... stupid typo
This is simply not true. If any shade of citizen can get on government subsidies that equals 80k annually. Why would inflation bother anyone whose most critical needs such as healthcare and housing are free to them.
It isn’t skin color we are fighting… it’s entitlement.
If it were true, they would vote differently. Also factoring in trumps mail in ballot scheme.. maybe they really are voting differently.
They were right about the militarization of police departments. J6 is evidence of that.
EGG prices is the ONLY thing we cannot blame Biden for.
Avian Flu caused over 58 million birds in USA to be destroyed.
It is a VERY CONTAGEOUS disease. Takes awhile for new chicks to get to egg laying status,
MANY persons have calculated that LBJ’s War On Poverty-—WELFARE-— has run up costs in excess of $27 Trillion over 60 +++ years.
Debt is $31+++ TRILLION.
HOW MUCH OF THE DEBT PROBLEM IS WELFARE???
Please allow me to submit this for your consideration my friend. It raises my eyebrows about the official narrative concerning the Egg shortage. Would they? I think so... :)
https://www.revolver.news/2023/01/farmer-reveals-the-real-reason-for-the-egg-shortage/
Incentivizing people not to work creates debt.
And since joe Biden is responsible for inflation, joe Biden is a racist
It hurts us all, and they are driving it higher and higher with reckless spending.
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