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Trish Shreds Biden's Economic Policy "Get Ready For More Inflation!"
Electricity up 6.5%. Fuel oil up 59%. Firewood up 35%. Eggs up 12%. And, steak up 24%. The cost of everything is going up, up and away. Trish Regan warns it's about to get a whole lot worse.
www.cnn.com
The LibBots are running to DailyKokamaymee because even MSNBC and CNN are calling Biden a schmuck.For the Dems, some CNN
Why inflation is a political nightmare for Biden
Analysis: Why inflation is a political nightmare for Biden
Joe Biden's next political nightmare is inflation, a force that can destroy family budgets and political careers and is being driven by domestic and global factors tough for a president to quickly fix.
Joe Biden's next political nightmare is inflation, a force that can destroy family budgets and political careers and is being driven by domestic and global factors tough for a president to quickly fix.
Government data showing the cost of living rose 6.2% over the last 12 months -- the highest rate in 30 years -- set off White House alarm bells on Wednesday and offered a new opening for Republicans lambasting Biden over high energy prices.
Trish Shreds Biden's Economic Policy "Get Ready For More Inflation!"
Electricity up 6.5%. Fuel oil up 59%. Firewood up 35%. Eggs up 12%. And, steak up 24%. The cost of everything is going up, up and away. Trish Regan warns it's about to get a whole lot worse.
They just repeat what MAGA World tells them.If you only had a brain...
Prices are rising all over the world, and leaders see no quick fix
Current bout of inflation marks end of era as countries grapple with uneven recoveries
It probably isn’t much consolation for Americans struggling with the highest inflation in 40 years, but they are not alone.
In the European Union, prices are rising faster than at any time since the euro currency was introduced. The annual inflation rate in the United Kingdom hit 5.4 percent in December, the highest figure there in nearly 30 years. Canada’s consumer prices are rising twice as fast as before the pandemic.
Even in Japan, where prices have been depressed almost continuously since the collapse of the late 1980s real estate bubble, the central bank in recent days revised upward its assessment of inflation risks for the first time in eight years. Among major economies, only China has a lower inflation rate today than in early 2020.
Four ways Americans are feeling inflation
Around the world, soaring prices are emerging as a feature of the pandemic-era recovery, prompting some central banks to pivot to inflation fighting.
The new focus caps an era since the 2008 financial crisis that saw global forces — such as the rise of cross-border supply chains and a decline in workers’ bargaining power — keep inflation subdued.
As factories around the world revive at different speeds, a mismatch between the goods that are being produced and those that customers want to buy is helping drive prices higher. Longer-term trends, such as increased protectionism, rising Chinese wages and the adjustment to a low-carbon economy, will put upward pressure on prices in the years ahead, according to research by the BlackRock Investment Institute.
“We’ve come through a period where global forces were clearly disinflationary. We’re entering a period, in the near term at least, where they are more likely to push inflation up rather than down,” said Eric Winograd, senior economist with AllianceBernstein in New York.
They must have whiplash from saying Wall Street doesn't matter, when Biden was breaking records, to crying about the end of the world because the DOW has a few bad days.They just repeat what MAGA World tells them.
On no other issue is the arrogant ignorance of Trumpism more obvious than economics and markets.
In another thread they're now saying that GDP doesn't matter.They must have whiplash from saying Wall Street doesn't matter, when Biden was breaking records, to crying about the end of the world because the DOW has a few bad days.
They just repeat what MAGA World tells them.
On no other issue is the arrogant ignorance of Trumpism more obvious than economics and markets.
Can you explain exactly how his policies has forced up inflation?For the Dems, some CNN
Why inflation is a political nightmare for Biden
Analysis: Why inflation is a political nightmare for Biden
Joe Biden's next political nightmare is inflation, a force that can destroy family budgets and political careers and is being driven by domestic and global factors tough for a president to quickly fix.
Joe Biden's next political nightmare is inflation, a force that can destroy family budgets and political careers and is being driven by domestic and global factors tough for a president to quickly fix.
Government data showing the cost of living rose 6.2% over the last 12 months -- the highest rate in 30 years -- set off White House alarm bells on Wednesday and offered a new opening for Republicans lambasting Biden over high energy prices.
Can you explain exactly how his policies has forced up inflation?
Do you think LibTards can think past the moment?You gotta love these lefttards who think the entire country doesnt see inflation as an issue and it is Bidens issue.
When CNN says the White House house is tweaking over inflation….you have to be a special kind of dumb asshole to say the economy is perfect.
GDP expanding by inflation is not growth. Older people here should be smarter. You young people need to remember this.In another thread they're now saying that GDP doesn't matter.
Predictable.
GDP expanding by inflation is not growth. Older people here should be smarter. You young people need to remember this.
