ANOTHER RECORD - Inflation hits another NEW 40-year high under Senile Biden.

Thanks to Senile Biden and his fellow libtards in Congress surging prices for gas, food and rent catapulted U.S. inflation to a new four-decade peak in June, further pressuring households. Consumer prices soared 9.1% compared with a year earlier, the biggest 12-month increase since 1981.

WASHINGTON (AP) — U.S. inflation surged to a new four-decade high in June because of rising prices for gas, food and rent, squeezing household budgets and pressuring the Federal Reserve to raise interest rates aggressively -- trends that raise the risk of a recession.

The government’s consumer price index soared 9.1% over the past year, the biggest yearly increase since 1981, with nearly half of the increase due to higher energy costs.

Lower-income and Black and Hispanic American have been hit especially hard, since a disproportionate share of their income goes toward essentials such as transportation, housing and food. But with the cost of many goods and services rising faster than average incomes, a vast majority of Americans are feeling the pinch in their daily routines.

For 72-year-old Marcia Freeman, who is retired and lives off of a pension, there is no escape from rising expenses.

“Everything goes up, including cheaper items like store brands,” said Freeman, who visited a food bank near Atlanta this week to try and gain control of her grocery costs.

https://apnews.com/article/inflation...79f62e980095?t

Inflation hits another NEW 40-year high under Senile Biden.

Overall CPI: +9.1% since last year
Gas: +59.9%
Fuel Oil: +98.5%
Meat, Poultry, & Fish: +10.4%
Milk: +16.4%
Eggs: +33.1%
Coffee: +15.8%
New Vehicles +11.4%
Airline Fares: +34.1%
Real Average Hourly Earnings: -3.6%

Does anyone know the inflation change since he took office, i cant find an accurate answer

Does anyone know the inflation change since he took office, i cant find an accurate answer Originally Posted by bigguyt

Inflation has gone up nearly every month of the Senile Biden presidency and just hit another 40-year high

February 2021: 1.7%

March 2021: 2.7%

April 2021: 4.2%

May 2021: 4.9%

June 2021: 5.3%

July 2021: 5.3%

August 2021: 5.2%

September 2021: 5.4%

October 2021: 6.2%

November 2021: 6.8%

December 2021: 7.1%

January 2022: 7.5%

February 2022: 7.9%

March 2022: 8.5%

April 2022: 8.3%

May 2022: 8.6%

June 2022: 9.1%

Senile Biden roughly a year ago

'I Don't Know Anybody' Who Is 'Worried About Inflation'

This was almost exactly one year ago. Watch as the President of the United States -- who'd recently signed a recklessly wasteful and inflationary $2 trillion 'COVID relief' package (oops) -- assured Americans that nobody should be seriously concerned about inflation. After all, he said, he didn't know "anybody" who was even "worried about" the problem.

https://townhall.com/tipsheet/guyben...ation-n2610171

IT GETS WORSE

Wholesale inflation surges 11.3% in June, accelerating more than expected

https://www.foxbusiness.com/economy/...-more-expected

At least there is one libtard in DC with a brain and common sense

If not for Joe Manchin, we'd be experiencing 15-20% right now. They wanted to spend trillions more!!!

For 72-year-old Marcia Freeman, who is retired and lives off of a pension, there is no escape from rising expenses.

“Everything goes up, including cheaper items like store brands,” said Freeman, who visited a food bank near Atlanta this week to try and gain control of her grocery costs.

https://apnews.com/article/inflation...79f62e980095?t Originally Posted by berryberry

Bootstraps 'n shit! She should have worked 400 hours a week, even though the math doesn't work out. We'll figure out some way to shame the non-wealthy.