Reply to U.S. Annual Inflation rose to 6.8% in November

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Reply to "U.S. Annual Inflation rose to 6.8% in November - the highest in 40 years"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Part of the inflation is a surge of pent-up demand, which will taper back off, another part of it is pandemic-related supply chain issues which will also get sorted out.  Also, it should be noted that wages have gone up significantly due to demand for labor.  https://tradingeconomics.com/united-states/wage-growth[/quote]

Yeah, the administration was saying it would 'taper off' back in August except they called it transitory. Back then inflation was 4%. Now its 7% and judging by the panicked turtle-in-shell reactions from the Biden surrogates I have a feeling they damned well know its going to be 10% in January 2022.

Guess ignoring it and the supply chain port crisis didn't work out [i]quite[/i] the way they wanted.  :roll: [/quote]

A lot has been done on the port crisis.  What are you people going to do when your narratives run out of steam?[/quote]

IDK seems prescient since that's the answer for this administration anytime we get a question in on what the hell is going on with the inflation?

Its the ports! Its the supply chain crisis!

When we hit 10% - last seen in 1979 or 1982 - will they actually fire someone or no?

[twitter]https://twitter.com/CurtisHouck/status/1469455763227783171[/twitter][/quote]

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