US inflation surges to 39-year high as consumer prices soar higher

[budboomer]

Consumer prices surged at the fastest pace in nearly four decades in November as Americans paid more for practically everything from groceries to cars to gasoline, solidifying hot inflation as a key trait of the economic recovery.

US inflation surges to 39-year high as consumer prices soar

Consumer prices surged at the fastest pace in nearly four decades in November as Americans paid more for practically everything from groceries to cars to gasoline, solidifying hot inflation as a key trait of the economic recovery.

www.foxbusiness.com

 

[JGalt]

 

[Otis Mayfield]

Employers have to pay higher wages.

Employers increase prices.

That's inflation.

 

[Weatherman2020]

Consumer prices surged at the fastest pace in nearly four decades in November as Americans paid more for practically everything from groceries to cars to gasoline, solidifying hot inflation as a key trait of the economic recovery.

US inflation surges to 39-year high as consumer prices soar

Consumer prices surged at the fastest pace in nearly four decades in November as Americans paid more for practically everything from groceries to cars to gasoline, solidifying hot inflation as a key trait of the economic recovery.

www.foxbusiness.com

 

[Weatherman2020]

Employers have to pay higher wages.

Employers increase prices.

That's inflation.

Who’s paying higher wages?

 

[task0778]

These inflation numbers must be what Biden was trying to get out in front of and diminish the impact. I think he failed. "It ain't that bad," he tried to say, but it is when you're trying to make ends meet and everything that you need costs more.

 

[Weatherman2020]

Employers have to pay higher wages.

Employers increase prices.

That's inflation.

Your higher wages.

 

[MarathonMike]

budboomer The damage that Brandon has done in just his first year is worse than anyone could imagine. We can't get Democrats out of power fast enough. Hopefully it isn't too late.

 

[Weatherman2020]

Inflation is a direct attack upon the poor.

 

[task0778]

Inflation is a direct attack upon the poor.

And the middle class too. Biden made a big deal about not raising taxes on people making under $400K, but inflation is effectively a tax hike.