Thursday’s ugly inflation numbers give the lie to President Joe Biden’s nonsensical line that the country is seeing “progress.”
“Inflation over the last three months,” he claimed, “has averaged 2%, at an annualized rate.” Except no one ever crunches the numbers that way. And anyway the Consumer Price Index rose more (and higher than expected) in September than it did in August, clocking an 8.2% rise over last September. Fuel oil is up 58.1%; bread, 16.2%; milk, almost 16%.
Far worse, core CPI (which excludes energy and food and is a steadier measure of the trend) rose to a four-decade record: 6.6%.
Plus, the producer inflation news the day before was as grim: PPI also rose more than expected, to 8.5%. And PPI tells you where CPI is heading — namely up, up, up.
WHY in the year of 2022 does the United States put up with Dirty Democrats like Biden, Harris, Pelosi, Schumer,
Schiff, Nadler, AOC+3 , Maxine Watters & the many others ?????
Need a New Law so they can be FIRED on the spot like any other JOB & Save America from their RUIN !!!!