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Keyword: blooombergnews

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  • YIKES! Bloomberg News Admits Americans Seeing ‘Worst Buying Conditions in Decades’

    09/18/2021 7:05:28 AM PDT · by JV3MRC · 50 replies
    NewsBusters ^ | 9/18/2021 | Joseph Vazquez
    As the nation grapples with the threat of high inflation, Bloomberg News is reporting that Americans are now feeling the heat of price spikes. The outlet published a damning story Sept. 17 headlined, “Americans See Worst Buying Conditions in Decades on High Prices.” Specifically, according to Bloomberg News, buying conditions “for household durables deteriorated to their worst since 1980 because of high prices.” The declines, based on the University of Michigan’s consumer sentiment report, were attributed to “complaints about high prices.” The Wall Street Journal Editorial Board stated July 19 that Biden’s “policies have abetted a spike in inflation that...