Inflation hits NEW 40-year high, surging 7.9%

DigitalDrifter

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Feb 22, 2013
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A new high, and this isn't even counting the newest surging gas prices we are seeing right now.


Inflation around the U.S. reached a new 40-year high in February, with consumer prices jumping 7.9% from a year ago — the fastest annual rate since the Reagan administration.


Rising costs of energy, housing and food drove the increase, the Labor Department said on Thursday. The price of energy has surged 26% over the last year, sharply increasing the cost of gasoline, fuel oil and natural gas for home heating. Groceries were up 8.6% from a year ago, while clothing rose 6.6%.


 
Thanks Joe, America really appreciates it!

US Says 'no Plans To Restart Keystone XL Oil Pipeline' Even As Russian Supply Halts​


 
A new high, and this isn't even counting the newest surging gas prices we are seeing right now.





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A new high, and this isn't even counting the newest surging gas prices we are seeing right now.






If we measured inflation by the same metrics we did back in the late 70's, it would probably surpass that of the Carter era.

Let's go Brandon!
 
We have seen nuttin yet. Just wait until this high cost of fuel filters through the supply chain.

We are looking at a recession thanks to the piss poor management of President Potatohead. Only idiots voted for him.
Fuck every single so-called American that voted for the Skidmark In Chief.
 

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