Inflation hits 8.3% in August — worse than expected

[TheReaper]

He IS an unhinged lunatic.

Pedo Pete
Taliban Joe
Sleepy Joe
Senile Joe

 

[TheReaper]

Wall Street was waiting for this report they expected good news that wouls recharge stocks and have a comeback.
Instead over night they lost 300pts

You can thank your heros for it...DEMOCRATS


US inflation rose by a higher-than-expected 8.3% in August despite falling gasoline prices — adding pressure on the Federal Reserve as it decides whether to impose another super-size interest rate hike

The August reading of the Labor Department’s Consumer Price Index, a closely watched measure of the costs of goods and services, rose 0.1% compared to July — surprising economists who had expected a slight month-over-month decline.

Inflation hits 8.3% in August — worse than expected — as core prices spike

US inflation rose by a higher-than-expected 8.3% in August despite falling gasoline prices — adding pressure on the Federal Reserve as it decides whether to impose another super-size interest…

nypost.com

You know damn well they're massaging data in every way possible to keep that number down. I'd estimate my food budget alone has gone up at least 25% in the last 2 years. Much of what we are eating is from last years harvest, hold on to your socks next year.

8.3%?? Well, gee, that is on top of a 5.3% increase in 2021! So now, Biden is responsible for 13.6% Let's go Brandon! Whole lots of retired people in Florida, like me, on fixed income. If any of them are voting for this crew, they are terminally stupid.

Consumer Price Index rose 5.3 percent over the year ending August 2021 : The Economics Daily: U.S. Bureau of Labor Statistics).

 

[TheReaper]

GREG GUTFELD: Biden threw an inflation reduction party to celebrate his 'phony accomplishment'​

GREG GUTFELD: Biden threw an inflation reduction party to celebrate his 'phony accomplishment'

Greg Gutfeld slammed Biden's celebration over the Inflation Reduction Act on the South Lawn of the White House as inflation hit 8.3%, Wednesday night on "Gutfeld!"

www.foxnews.com

GREAT VIDEO!

 

[TheReaper]

 

[TheReaper]

 

[TheReaper]

 

[TheReaper]

 

[TheReaper]

 

[TheReaper]

 

[TheReaper]

Biden's bowel movements are always a surprise, too!

His bowels would do a better job running the country than his brain does

 

[TheReaper]

Sen Tim Scott: Biden's inflation means a pay cut for Americans nationwide

 

[TheReaper]

Inflation will pick midterm election winner in November​

Americans are very concerned about inflation. They see it at the gas station and the grocery store. While the liberal media can hide some things, they can't hide this.

Inflation will pick midterm election winner in November

Americans are very concerned about inflation. They see it at the gas station and the grocery store. While the liberal media can hide some things, they can't hide this.

www.foxnews.com

 

[TheReaper]

Electric Bills Soar Across the Country as Winter Looms

Electric Bills Soar Across the Country as Winter Looms

Rising natural-gas prices amid short supplies are expected to make it more expensive to light and heat homes in the coming months.

www.wsj.com

(The Wall Street Journal) U.S. utility customers, faced with some of their largest bills in years, are set to pay even more this winter as natural-gas prices continue to climb.

Natural-gas prices have more than doubled this year because of a global supply shortage made worse by the war in Ukraine, and they are expected to remain elevated for months as fuel is needed to light and heat homes during the winter. The supply crunch has made it substantially more expensive for utilities to purchase or produce power, and those costs are being passed on to customers.

From New Hampshire to Louisiana, customers’ electricity rates are increasing. The Energy Information Administration anticipates the residential price of electricity will average 14.8 cents per kilowatt-hour in 2022, up 7.5% from 2021. The agency forecasts record gas consumption this year amid surging prices, in part because power producers are limited in their ability to burn coal instead due to supply constraints and plant retirements.

Electricity prices have surged in many parts of the country alongside natural-gas prices as exporters ship record amounts of the fuel abroad because of supply shortages in Europe, which is working to slash its reliance on Russian supplies. Natural-gas producers, hamstrung by pipeline constraints and investors pushing for austerity, haven’t increased production enough to alleviate the pressure.

More people will die this winter due to liberal energy policies. And it's by design.

 

[TheReaper]

 

[basquebromance]

 

[TheReaper]

 

[TheReaper]

Funny. Jimmy Carter, the proto-Biden

 

[WTH_Progs?]

You know damn well they're massaging data in every way possible to keep that number down. I'd estimate my food budget alone has gone up at least 25% in the last 2 years. Much of what we are eating is from last years harvest, hold on to your socks next year.

8.3%?? Well, gee, that is on top of a 5.3% increase in 2021! So now, Biden is responsible for 13.6% Let's go Brandon! Whole lots of retired people in Florida, like me, on fixed income. If any of them are voting for this crew, they are terminally stupid.

Consumer Price Index rose 5.3 percent over the year ending August 2021 : The Economics Daily: U.S. Bureau of Labor Statistics).

It's not like we're not paying attention, when $1.50 last year is now $2.50, fucking right that's not 8-9% inflation. Services, wholly shit, you often have to pay a premium just for guys to show up. It's bad man, IMO it's more like 30%+ inflation.

But oh boy, clothes are mostly the same price, halleluiah, COUGH! Just wait till utilities take their turn, coming right at you.

Meanwhile homes are worth less and are going to fall a lot more. 401K down. In other terms, dollars cut short and less of them to work with. Good thing the Democruds control the houses and POTUS, yeah, let's vote for them again.

 

[TheReaper]

It's not like we're not paying attention, when $1.50 last year is now $2.50, fucking right that's not 8-9% inflation. Services, wholly shit, you often have to pay a premium just for guys to show up. It's bad man, IMO it's more like 30%+ inflation.

But oh boy, clothes are mostly the same price, halleluiah, COUGH! Just wait till utilities take their turn, coming right at you.

Meanwhile homes are worth less and are going to fall a lot more. 401K down. In other terms, dollars cut short and less of them to work with. Good thing the Democruds control the houses and POTUS, yeah, let's vote for them again.

Thank you

 

[TheReaper]