Producer prices up record 7,8%

[Manonthestreet]

Just coming across the wire.

Producer prices soar 7.8% annually in July, most on record

Producer prices accelerated at the fastest annual pace on record in July as supply chain disruptions and materials shortages continued to put upward pressure on costs.

www.foxbusiness.com

 

[wamose]

Thank you Mr. President for making us all poorer.

 

[Flash]

These Moon Bats were morons voting for this Joe Dufus asshole and then ignoring the fact he stole the election.

We told them that Joe Dufus was going to be a disaster (like all Democrats) but being the idiots they are they didn't listen.

 

[beagle9]

Thank you Mr. President for making us all poorer.

Trumped warned about it, but it didn't do any good if the votes for Trump were cancelled out by fraud.

 

[iceberg]

Just coming across the wire.

Producer prices soar 7.8% annually in July, most on record

Producer prices accelerated at the fastest annual pace on record in July as supply chain disruptions and materials shortages continued to put upward pressure on costs.

www.foxbusiness.com

and the spending plan the dems MUST HAVE is a total and complete waste and one sided.

pretty pissed enough R's are going along with it. you want to flip burgers for $15 an hour. ok, you win. but now to do it, everything else goes up 20% in cost.

back where you started from, or worse.

 

[Baron Von Murderpaws]

Trumped warned about it, but it didn't do any good if the votes for Trump were cancelled out by fraud.

The Dementocrats knew, they just don't care as long as it works in their favor!!!

 

[Biff_Poindexter]

Biden's diabolical genius knows no bounds!!!!

 

[RoshawnMarkwees]

Sounds like at least some of that is a result of people living off of free gov money while worker shortages exist. If people have money to spend but no one is working and thereby making things to spend it on, you end up with shortages of goods and services. That drives prices up.
Compound that with the inevitable inflation that comes from cutting the pie into smaller pieces in addition to intentionally driving up energy costs and you’ve got yourself a democrat-generated economic disaster.

 

[BlueGin]

and the spending plan the dems MUST HAVE is a total and complete waste and one sided.

pretty pissed enough R's are going along with it. you want to flip burgers for $15 an hour. ok, you win. but now to do it, everything else goes up 20% in cost.

back where you started from, or worse.

Republicans are usually pretty worthless I don’t put much faith in them ever doing anything.

 

[iceberg]

Republicans are usually pretty worthless I don’t put much faith in them ever doing anything.

fuck off with the stereotypes.

 

[BlueGin]

fuck off with the stereotypes.

It’s not a stereotype. When gave they ever given democrats meaningful push back? Other than DeDantis?

 

[iceberg]

It’s not a stereotype. When gave they ever given democrats meaningful push back? Other than DeDantis?

my bad. i may have fired off too early.

i do see desantis trying. as do many others. but they don't have the votes so not sure what they can do but get in the way and pray 2022 changes things to something i hope is at least more cooperative.

but even if we do, they will not cooperate so we'd at best be back to what we had which is why we got to where we are now.

but i do see many R's fight back but i also see many on both sides scream THEY SUCK GIVE ME MONEY TO STOP THEM.

as if that really would.

our collective government sucks from top to bottom and needs a nuclear enema.

 

[asaratis]

Republicans are usually pretty worthless I don’t put much faith in them ever doing anything.

Well, at least they kept Merrick Garland off the SCOTUS bench.

 

[Independentthinker]

Just coming across the wire.

Producer prices soar 7.8% annually in July, most on record

Producer prices accelerated at the fastest annual pace on record in July as supply chain disruptions and materials shortages continued to put upward pressure on costs.

www.foxbusiness.com

But it's only temporary.

 

[Toro]

Thank you Mr. President for making us all poorer.

That would be "President Trump."

Inflation is a delayed reaction. This is coming from all the fiscal stimulus signed under Trump and the monetary stimulus from the Fed in response to the pandemic.

If we are at high inflation three years from after the $3.5 trillion budget passes, you can then blame Biden.

 

[iceberg]

That would be "President Trump."

Inflation is a delayed reaction. This is coming from all the fiscal stimulus signed under Trump and the monetary stimulus from the Fed in response to the pandemic.

If we are at high inflation three years from after the $3.5 trillion budget passes, you can then blame Biden.

The shit is full with you.

 

[beagle9]

Biden's diabolical genius knows no bounds!!!!

His son will be his undoing if the Alzheimer's doesn't get him first.

 

[Toro]

The shit is full with you.

Yes, if you don't understand economics and all you do is parrot mindless partisan talking points.

 

[Samofvt]

That would be "President Trump."

Inflation is a delayed reaction. This is coming from all the fiscal stimulus signed under Trump and the monetary stimulus from the Fed in response to the pandemic.

If we are at high inflation three years from after the $3.5 trillion budget passes, you can then blame Biden.

Delayed reaction...from the obama/biden era...is right: the 7.8% is only up slightly from the 7.x% we (in the real world) have been seeing since obama-care.

Kids, say goodbye to Kansas, papa just left the train station for Ft. Worth...

"Got up, gone higher, all aboard
I'll take my seat, right way back, ooh yeah
Watch this train roll down the track
I'm gonna bring it on home
Bring it on home to you
Watch out, watch out"

[bring it on home]

 

[Deplorable Yankee]

Just coming across the wire.

Producer prices soar 7.8% annually in July, most on record

Producer prices accelerated at the fastest annual pace on record in July as supply chain disruptions and materials shortages continued to put upward pressure on costs.

www.foxbusiness.com

I went shopping today prices are up on many a thing
Costco
I paid 2 dollars more than I did last time for the ridiculously big box of garbage bags
4 pack of butter up 2.50
Coffee was a dollar more ...big bag o beans

Paper towels up

Ground beef for burgers up

Steaks to paid way to much for rib eyes

Chicken cutlets ....up buck a lb

It's gonna get worse

The 1970s gonn a look like a cake walk