Biden jacks inflation up to 5.3% in August

[otto105]

You could not be more wrong. This inflation is NOT transitory. You must be reading partisan articles by economists who are putting their Party above their credibility.

How is it not transitory?

 

[Mac-7]

The Trumpsters are either lying or ignorant about what's driving inflation right now.

Either way, trying to convince them of anything else is an exercise in futility.

The president gets the blame just as you would claim credit for him if inflation were low

 

[Mac1958]

The president gets the blame just as you would claim credit for him if inflation were low

I would? Okay, whatever you'd like.

 

[Mac-7]

I would? Okay, whatever you'd like.

As a stealth democrat others would be touting biden and you would not intervene as you have here

 

[Claudette]

marvin martian
I doubt many Americans will benefit from his policies. I'm wondering how many will go broke??

 

[otto105]

marvin martian
I doubt many Americans will benefit from his policies. I'm wondering how many will go broke??

From what?

 

[Iamartiewhitefox]

This is what happens when people say Money, save us, pooping on Christ's teachings. Jesus says: I will save you through a person. The person has a firm grip of their money boat, saying money will save me. They put their boat in the water. The money absorbs the water, making the boat it to sink. Instead of accepting Christ though a person they call out for more money. The boat gets heavier, and heavier, sinking beneath the waves. Inflation.

 

[busybee01]

I think the brain inside your head is transitory. As for the leftyvirus, who is president now doofus? Plus vaccinated people are getting the leftyvirus left and right can you read statistics?

I don't believe you have a brain. Vaccinated people are far less likely to get coronavirus and the results are less severe.

 

[LAUGHatLEFTISTS]

There is no evidence that this is anything but transitory inflation. Trump and his supporters have assisted in this as well. Thanks to you jerks, the coronavirus is still going strong. If people would get vaccinated the numbers would drop and the severity of it would be lessened.

Wake up leftist. Covid Importing *Joe was handed the vaccine and the information to fight it. He’s a brain dead moron and dropped the ball.

 

[LAUGHatLEFTISTS]

You could not be more wrong. This inflation is NOT transitory. You must be reading partisan articles by economists who are putting their Party above their credibility.

Butbutbutbut Paul Krugman said so on CNN.
Krugman, who ha s been wrong on every front over the past 30 years, received a Pulitzer from the leftists.

 

[Mac-7]

I would? Okay, whatever you'd like.

The FINAL AUTHORITY has spoken

Presumably we can notice inflation as long as no one blames biden for it

 

[AntonToo]

You could not be more wrong. This inflation is NOT transitory.

Quoted to be made fun of later.

This guy had trouble telling monetary from fiscal policy a few threads ago, but now he is absolutely sure that all the economists are wrong and inflation will not comedown once supply better meets demand.

 

[jknowgood]

There is no evidence that this is anything but transitory inflation. Trump and his supporters have assisted in this as well. Thanks to you jerks, the coronavirus is still going strong. If people would get vaccinated the numbers would drop and the severity of it would be lessened.

Lol, the vaccinated can get coronavirus and spread as much as an unvaccinated. So go tell your lies somewhere else. In fact with the new strains you're spreading it more than an unvaccinated person.

 

[jknowgood]

I don't believe you have a brain. Vaccinated people are far less likely to get coronavirus and the results are less severe.

Why do you lie? You can get it and spread it as easy as an unvaccinated person.

 

[Natural Citizen]

The FINAL AUTHORITY has spoken

Presumably we can notice inflation as long as no one blames biden for it

I'd hardly refer to Mac1958 as an authority. Heh heh. He's not even a convincing bullshitter.

 

[DBA]

Quoted to be made fun of later.

This guy had trouble telling monetary from fiscal policy a few threads ago, but now he is absolutely sure that all the economists are wrong and inflation will not comedown once supply better meets demand.

LOL..You going to to pull this quote back up in 2024 or something? Is that “transitory” enough for you?

The Fed sees inflation, as measured by the personal consumption expenditures price index, overshooting its 2% target all the way out to 2024, forecasts showed on Wednesday.

There are different ways of defining “transitory”. Will inflation be back to 2% or lower any time in the near term? Will the prices we have seen rise during this spike come back down? The most likely scenario is that if Biden doesn’t completely destroy the US economy, inflation could come back to 2% at some point, but it will be quite some time and only after the fed takes action. Virtually everything Biden is doing is inflationary. The higher prices as a result of the recent inflation are here to stay permanently.

Your “all’ economists statement is more than laughable. ”All“ Biden apologists economists may agree, but not all economists by any stretch.

Transitory inflation is a fig leaf that’s slipping

Here Are Six Reasons Why Inflation Will Not Be Transitory

Inflation Is as Transitory as T. Rex—and Just as Destructive

 

[Theowl32]

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.

Annual inflation at 5.3% in August amid overheating fears - Washington Examiner

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...

www.washingtonexaminer.com

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 wealthy leftists in America couldn't care less, cause they care about the poor so much.

Yeap

 

[AntonToo]

LOL..You going to to pull this quote back up in 2024 or something? Is that “transitory” enough for you?

The Fed sees inflation, as measured by the personal consumption expenditures price index, overshooting its 2% target all the way out to 2024, forecasts showed on Wednesday.

There are different ways of defining “transitory”. Will inflation be back to 2% or lower any time in the near term?

Cool story bro but transitory means TEMPORARY and I'll be making fun of you as soon as the inflation gets into 2.x% again.

Expansionary policies are inflationary, yet when Trump was passing 1.5T dollar tax cuts you had ZERO objections based on inflation or deficit concerns...and you still don't, because your arguments are not from economic principles, but from political arguments of convinience.

 

[DBA]

Cool story bro but transitory means TEMPORARY and I'll be making fun of you as soon as the inflation gets into 2.x% again.

Good Lord. Sure, everyone’s life is transitory. The Earth is transitory. Everything we know in life is transitory. Get real and not so blinded.

 

[BluesLegend]

How do you like Biden now poor and middle class, SUCKERS