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Yea….inflation is like that
Have any data showing the US is suffering from global inflation while the rest of the world is immune?
The US still has the strongest economy in the industrialized world…..including China
Dem's DIDNT that's a Dem LIE. Dems did add shit tons of GOVERNMENT jobs hence adding to the rolls of people dependent on government.Then why did Dems add 15 million JOBS
The complexity of politics of government you have proven to beyond your comprehension.
Another reason why statist left BIG G'MENT does NOT work!Biden's inflation rate and approval rate are dangerously close to crossing over each other.
There's only one way out of this...
On Wednesday, the country hit a sad milestone: Inflation under President Biden hit 20 percent. The dollar’s value has plummeted under his watch. The Bureau of Labor Statistics also confirmed that the consumer price index is resurgent and growing faster than average wages. Combined with weak GDP growth, this data shows the U.S. economy is reentering stagflation.
Historic inflation is causing declining living standards and a cost-of-living crisis. Under Biden’s presidency, grocery prices have increased by nearly one-third and gas has risen by 50 percent. It feels like every daily convenience — from a turkey sandwich to some handyman help — has increased by 50 percent or more.
Yet Biden seems entirely out of touch with this reality. In a recent CNN interview, he responded to these inflation numbers by claiming, “They have the money to spend.” In reality, it now costs the average American family $12,000 more to maintain the same living standards as before President Biden took office.
Biden also tried to deflect from this consumer pain by claiming he inherited high inflation. Fact-check: Inflation was 1.4 percent when he took office.
Are you claiming there were 15 million government jobs?Dem's DIDNT that's a Dem LIE. Dems did add shit tons of GOVERNMENT jobs hence adding to the rolls of people dependent on government.
Future generations will discuss the Biden doctrine, 25% price increases across the board punishing the poor and working class. Sacrificed and bled out on the alter of the far left agenda.
BidenomicsRough day for ya, huh?
Stock market today: S&P 500 breaches 5,300 as stocks rally to records after CPI
Stocks edged higher on Wednesday as investors digested fresh readings on inflation and consumer spending.finance.yahoo.com
I won't discuss YOUR lies and intentional BULL SHIT spin. You may go now I'm finished with you.Are you claiming there were 15 million government jobs?
I would like to see your link or just assume you are making shit up
Bidenomics
It's clear Democrats don't give a shit. We'll see if independents can overcome the Dem cheating and election theft this Nov.Not to mention two foreign wars, a million dead from Covid, and a Hamas terrorist takeover of US college campuses.
Biden's wealth is not affected by the mundane factors that 90% of the population must deal with. Neither is the world of most of your DC solons. Apparently we have a few posters here who are also in that category.... They're doing swimmingly well.... and they feel obligated to make sure they post it here for some reason.Biden's inflation rate and approval rate are dangerously close to crossing over each other.
There's only one way out of this...
On Wednesday, the country hit a sad milestone: Inflation under President Biden hit 20 percent. The dollar’s value has plummeted under his watch. The Bureau of Labor Statistics also confirmed that the consumer price index is resurgent and growing faster than average wages. Combined with weak GDP growth, this data shows the U.S. economy is reentering stagflation.
Historic inflation is causing declining living standards and a cost-of-living crisis. Under Biden’s presidency, grocery prices have increased by nearly one-third and gas has risen by 50 percent. It feels like every daily convenience — from a turkey sandwich to some handyman help — has increased by 50 percent or more.
Yet Biden seems entirely out of touch with this reality. In a recent CNN interview, he responded to these inflation numbers by claiming, “They have the money to spend.” In reality, it now costs the average American family $12,000 more to maintain the same living standards as before President Biden took office.
Biden also tried to deflect from this consumer pain by claiming he inherited high inflation. Fact-check: Inflation was 1.4 percent when he took office.
You forgot insuranceYup...
Gas: +55.5%
Groceries: +21.3%
Eating out: +21.8%
Baby food: +30%
Pet food: +23.1%
K-12 food: +64.9%
Rent: +20.8%
Electricity: +28.5%
Natural gas: +22%
Used cars: +20.4%
Airfare: +38.2%
Public transportation: +26.1%
Real average weekly earnings: -4.4%
Yup...
Gas: +55.5%
Groceries: +21.3%
Eating out: +21.8%
Baby food: +30%
Pet food: +23.1%
K-12 food: +64.9%
Rent: +20.8%
Electricity: +28.5%
Natural gas: +22%
Used cars: +20.4%
Airfare: +38.2%
Public transportation: +26.1%
Real average weekly earnings: -4.4%
Apparently we have a few posters here who are also in that category.... They're doing swimmingly well.... and they feel obligated to make sure they post it here for some reason.
So, from all that, people only saw a 4.4 percent drop in real earnings
Let's see how that works out for you in November.
lol
S&P 500, Nasdaq and Dow all hit record highs after encouraging inflation data
S&P 500, Nasdaq and Dow all hit record highs after encouraging inflation data
