What's new
US Message Board 🦅 Political Discussion Forum

Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!

Biden jacks inflation up to 5.3% in August

marvin martian

Diamond Member
Joined
Sep 29, 2020
Messages
8,154
Reaction score
13,221
Points
2,288
Location
Texas Hill Country
This is good. The rubes who voted for this idiot need to feel the consequences of electing a man under the complete control of Chinese and Russian communists.


Consumer prices increased 5.3% in the year ending in July, according to a report released on Tuesday by the Department of Labor.

The numbers from the consumer price index came in line with forecast expectations and raise concerns that inflation is coming in too hot as the country continues its recovery from the COVID-19 pandemic.

The August report on inflation was highly anticipated because it comes after a jobs report that was far worse than expected. The economy added just 235,000 new jobs last month , far fewer than the 750,000 that were expected. Despite the meager gains, the overall unemployment rate dropped slightly from 5.4% to 5.2%.

Bankrate's chief financial analyst Greg McBride said that the inflation numbers were underscored by "easing price pressures" in some of the industries that saw the hottest inflation just months ago, which he said speaks to the potentially transitory nature of the increases.

"The debate over whether inflation will be short-lived or more sustained has not been resolved. The jury will remain out for many more months, particularly with persistent supply chain constraints," McBride said.

Inflation has been higher in recent months than the Federal Reserve and many economists anticipated earlier this year. The consumer price index registered its highest year-over-year gains since 2008 in June and July when it clocked in at a whopping 5.4%.
 

ColonelAngus

Diamond Member
Joined
Feb 25, 2015
Messages
34,647
Reaction score
24,995
Points
2,915
COME ON MAN!

This is all Trump’s fault!

border crossings were high in the winter because of seasonality!

OH….theywere at an all time high in August?

DERP DERP DERP DERP DERP

You fucking Biden sheep could not find your own dicks with 2 hands and a flashlight while sitting on a mirror.
 
Last edited:

andaronjim

Diamond Member
Gold Supporting Member
Joined
May 6, 2015
Messages
29,519
Reaction score
16,386
Points
1,415
Location
Floor E Da
This is good. The rubes who voted for this idiot need to feel the consequences of electing a man under the complete control of Chinese and Russian communists.


Consumer prices increased 5.3% in the year ending in July, according to a report released on Tuesday by the Department of Labor.

The numbers from the consumer price index came in line with forecast expectations and raise concerns that inflation is coming in too hot as the country continues its recovery from the COVID-19 pandemic.

The August report on inflation was highly anticipated because it comes after a jobs report that was far worse than expected. The economy added just 235,000 new jobs last month , far fewer than the 750,000 that were expected. Despite the meager gains, the overall unemployment rate dropped slightly from 5.4% to 5.2%.

Bankrate's chief financial analyst Greg McBride said that the inflation numbers were underscored by "easing price pressures" in some of the industries that saw the hottest inflation just months ago, which he said speaks to the potentially transitory nature of the increases.

"The debate over whether inflation will be short-lived or more sustained has not been resolved. The jury will remain out for many more months, particularly with persistent supply chain constraints," McBride said.

Inflation has been higher in recent months than the Federal Reserve and many economists anticipated earlier this year. The consumer price index registered its highest year-over-year gains since 2008 in June and July when it clocked in at a whopping 5.4%.
It all goes back to the saying, "Cutting ones nose off, just to spite their face". That is how fucking stupid a prog slave is. They were having a good life all the way up till Joe Biden, working with China released the Kung Flu upon US, but living the good life, just wasnt what their prog masters were telling them. So they voted out the guy making their lives easier and put in a rube who has made their lives much harder. Yes, progs really are that stupid.
 
OP
marvin martian

marvin martian

Diamond Member
Joined
Sep 29, 2020
Messages
8,154
Reaction score
13,221
Points
2,288
Location
Texas Hill Country
It all goes back to the saying, "Cutting ones nose off, just to spite their face". That is how fucking stupid a prog slave is. They were having a good life all the way up till Joe Biden, working with China released the Kung Flu upon US, but living the good life, just wasnt what their prog masters were telling them. So they voted out the guy making their lives easier and put in a rube who has made their lives much harder. Yes, progs really are that stupid.

I have the resources to weather many years of high inflation. I sincerely hope many, many Biden voters don't.
 

andaronjim

Diamond Member
Gold Supporting Member
Joined
May 6, 2015
Messages
29,519
Reaction score
16,386
Points
1,415
Location
Floor E Da
I have the resources to weather many years of high inflation. I sincerely hope many, many Biden voters don't.
I have not only been increasing my dividend income, but heavily buy precious metals and ammo, for the hard times that will soon to come. The reason inflation isnt as high as it should be, is that the Federal Reserve(banking, not government) is buying the debt in record amounts. When the day of reckoning happens, the US will be like Greece, with negative interest rates where the depositor will have to pay just to have an account.....
 

SassyIrishLass

Diamond Member
Joined
Mar 31, 2009
Messages
71,966
Reaction score
33,581
Points
2,290
This is good. The rubes who voted for this idiot need to feel the consequences of electing a man under the complete control of Chinese and Russian communists.


Consumer prices increased 5.3% in the year ending in July, according to a report released on Tuesday by the Department of Labor.

The numbers from the consumer price index came in line with forecast expectations and raise concerns that inflation is coming in too hot as the country continues its recovery from the COVID-19 pandemic.

The August report on inflation was highly anticipated because it comes after a jobs report that was far worse than expected. The economy added just 235,000 new jobs last month , far fewer than the 750,000 that were expected. Despite the meager gains, the overall unemployment rate dropped slightly from 5.4% to 5.2%.

Bankrate's chief financial analyst Greg McBride said that the inflation numbers were underscored by "easing price pressures" in some of the industries that saw the hottest inflation just months ago, which he said speaks to the potentially transitory nature of the increases.

"The debate over whether inflation will be short-lived or more sustained has not been resolved. The jury will remain out for many more months, particularly with persistent supply chain constraints," McBride said.

Inflation has been higher in recent months than the Federal Reserve and many economists anticipated earlier this year. The consumer price index registered its highest year-over-year gains since 2008 in June and July when it clocked in at a whopping 5.4%.

Orange Man bad in 3, 2,1...
 

Penelope

Diamond Member
Joined
Jul 15, 2014
Messages
53,759
Reaction score
10,214
Points
2,060
All due to the NON VACCINATED!!
 

Penelope

Diamond Member
Joined
Jul 15, 2014
Messages
53,759
Reaction score
10,214
Points
2,060
marvin martian
--------------------------
All due to the NON VACCINATED!!

nothing racist about it.
 

Mac1958

Diamond Member
Joined
Dec 8, 2011
Messages
90,013
Reaction score
34,026
Points
2,280
Location
Opposing Authoritarian Ideological Fundamentalism.

expat_panama

Gold Member
Joined
Apr 12, 2011
Messages
3,036
Reaction score
409
Points
130
This is good. The rubes who voted for this idiot need to feel the consequences of electing a man under the complete control of Chinese and Russian communists.


Consumer prices increased 5.3% in the year ending in July, according to a report released on Tuesday by the Department of Labor.

The numbers from the consumer price index came in line with forecast expectations and raise concerns that inflation is coming in too hot as the country continues its recovery from the COVID-19 pandemic.

The August report on inflation was highly anticipated because it comes after a jobs report that was far worse than expected. The economy added just 235,000 new jobs last month , far fewer than the 750,000 that were expected. Despite the meager gains, the overall unemployment rate dropped slightly from 5.4% to 5.2%.

Bankrate's chief financial analyst Greg McBride said that the inflation numbers were underscored by "easing price pressures" in some of the industries that saw the hottest inflation just months ago, which he said speaks to the potentially transitory nature of the increases.

"The debate over whether inflation will be short-lived or more sustained has not been resolved. The jury will remain out for many more months, particularly with persistent supply chain constraints," McBride said.

Inflation has been higher in recent months than the Federal Reserve and many economists anticipated earlier this year. The consumer price index registered its highest year-over-year gains since 2008 in June and July when it clocked in at a whopping 5.4%.
The situation (imho) is a bit more serious than what we're getting from the Wash. Examiner, year over year kicks the CPI to over 13% --the highest it's ever been --higher than the spikes in 2008 and 1982! Add to that is the fact that this is not some kind of one month jump, it was even higher in July.

As interest rates soar to catch up it's going to make the bond market crash & the service on the national debt's going into the $trillions. This will not end well...
cpi202109.png
 

otto105

Gold Member
Joined
Sep 11, 2017
Messages
12,138
Reaction score
2,749
Points
170
This is good. The rubes who voted for this idiot need to feel the consequences of electing a man under the complete control of Chinese and Russian communists.


Consumer prices increased 5.3% in the year ending in July, according to a report released on Tuesday by the Department of Labor.

The numbers from the consumer price index came in line with forecast expectations and raise concerns that inflation is coming in too hot as the country continues its recovery from the COVID-19 pandemic.

The August report on inflation was highly anticipated because it comes after a jobs report that was far worse than expected. The economy added just 235,000 new jobs last month , far fewer than the 750,000 that were expected. Despite the meager gains, the overall unemployment rate dropped slightly from 5.4% to 5.2%.

Bankrate's chief financial analyst Greg McBride said that the inflation numbers were underscored by "easing price pressures" in some of the industries that saw the hottest inflation just months ago, which he said speaks to the potentially transitory nature of the increases.

"The debate over whether inflation will be short-lived or more sustained has not been resolved. The jury will remain out for many more months, particularly with persistent supply chain constraints," McBride said.

Inflation has been higher in recent months than the Federal Reserve and many economists anticipated earlier this year. The consumer price index registered its highest year-over-year gains since 2008 in June and July when it clocked in at a whopping 5.4%.
Actually, the report on inflation shows a cooling.

Prices climbed more slowly in August, welcome news for the Fed.
 

ColonelAngus

Diamond Member
Joined
Feb 25, 2015
Messages
34,647
Reaction score
24,995
Points
2,915
Biden said the numbers of illegals crossing our southern border was high because of seasonality and it was winter.

If Biden was NOT lying, why did numbers go UP this summer?
 

ColonelAngus

Diamond Member
Joined
Feb 25, 2015
Messages
34,647
Reaction score
24,995
Points
2,915
fredgraph.png


Hmmmm....that M1 money supply curve looks interesting.

Can any lefty articulate what this means?
 

USMB Server Goals

Total amount
$142.00
Goal
$350.00

Most reactions - Past 7 days

Forum List

Top