Inflation is ACCELERATING.
So much for it being 'transient'. Holy toledo. Worst political gaffe in recent memory. The polls are going to be rocked over this issue. |
This report reflects data for February before the war started in late February. April's print will be worse... you heard it here first.
The last time we saw this number was in 1982... |
ha, what a joke. food only increased 1% yoy. On what planet is the USG shopping for food on? they be buying expired food to get that price increase.
the USG is trying so hard to hide the true level of inflation. the print number is a horrific 7.9%. in reality, that probably means real inflation is running 15+% for those of us living in reality. |
Where are all those DCUMers pontificating this is transitory or blaming Putin?
"They lie to us, we know they're lying, they know we know they're lying, but they keep lying anyway, and we keep pretending to believe them.” - Soviet Union Quote |
Inflation memes so far from the administration:
-It's not real. -It's real but temporary. -It's Krogers fault (for having 2% profit margins) #ElizabethWarren #AOC -High gas prices are no big deal, just buy a brand new electric car Sometimes, when you try to spin something you just come away looking even worse for the attempt. |
We do not have a centrally controlled economy. By definition it cannot be the fault of our president since he doesn’t control any part of our financial system. |
Fiscal policy plays a tremendous role in affect macro inflation. Try again. |
Which is under the purview of congress, not the president. When all anyone talks about is Biden then it’s obvious they are just looking to score cheap political points. |
Does or does not the president sign the spending bill? Try again. Who was it that spear headed an unneeded trillion+ dollar stimulus package as soon as he was in office? Give me a break. You Democrats control Congress and the Presidency. You're the ones who injected over a trillion in stimulus that wasn't needed into the economy. You're in office while inflation is spiraling out of control. Keep trying to spin those wheels. Voters aren't fooled. Dems are going to get absolutely crushed in 2022 and 2024 over rising prices. It is out of control. Unfortunately for the Democrats, they're the party in power right now while it is happening. |
That was November. Now everyone can find a job. https://www.cnbc.com/2022/02/01/there-were-4point6-million-more-job-openings-than-unemployed-workers-in-december.html As far as energy prices go, COVID-19 caused them to surge all over the world. https://theconversation.com/energy-prices-how-covid-helped-them-to-surge-and-why-they-wont-go-down-any-time-soon-175679 |
The US has the worst inflation in the developed world: https://tradingeconomics.com/country-list/inflation-rate I love the excuse Democrats try to use that 'inflation is happening everywhere in the world'. Not it is not. Inflation is very tame in Japan and China. US inflation is a full 2% worse than the Euro zone. It is directly a result of the massive fiscal stimulus spending and too much juice from monetary policy. Biden should have never injected all that stimulus into the economy to win the GA elections. He won Congress for a measly 2 years with that stimulus, got nothing accomplished during that time the Dems had free reign, and now the consequences of out of control inflation are much worse. What a policy disaster of epic proportions. Keep trying to deflect and spin the inflation issue. No one is fooled. Dems are going to taken to pound town over the issue come mid-terms and in 2024. |
Yes.. remember all the shrieking "listen to experts! Inflation is only transitionary!" a year ago while the wise were going, hmm....no, I don't think so. Another collapse in any credibility of the so-called expert classes. And, of course, for this bored's partisan Democrats, rushing to defend Biden by proclaiming he has no effect on the economy yet these same people spent years blaming every single little economic issue on Trump ![]() |
Don’t care. Biden is still better than trump and this is all only temporary. It will force people to live more responsibly and focus on sustainable and renewable resources. |
Ha! Please run on that platform and see how well that goes for you. Peoples' entire life's worth of savings are being obliterated. Older folks on fixed incomes are being destroyed. Democrats are now running on a platform of 'Inflation is GOOD!' because they can no longer make excuses for it. Meanwhile, all inflation is doing is exacerbating wealth inequality and destroying the middle class. |