Inflation Hits 40 year High

berryberry's Avatar
What could be better than showing the HIGH petrol gas prices?!

WHY go deep when the FACTS are surely out in the open?

#### Salty Originally Posted by Salty Again
He is just afraid of the facts Salty

Plus he obviously didn't read

https://www.zerohedge.com/economics/...ts-2021-report

But hey those oranges
HDGristle's Avatar
No, I generally don't read 404 errors from bad links too in depth.

But for someone that welcomes convos, you don't seem to be all that willing to have them. Links are all well and good but you haven't shown that you've done any of the analysis or used your own critical thinking. You're a great aggregator of other people's thoughts, though. And you grab clickbait articles well that cherry pick their points based on larger datasets that show some their key conclusions as being out of context.

What factors are driving rents? Don't just point to government spending. Don't just try to point to macro trends. There's a very interesting story here.

I'll sip some OJ and wait for you to get back from your virtual protests in Ottawa and your Teamsters-bargained break, friend. Maybe then you'll be able to engage on a level that even approaches 1/10th of lusty's knowledge and gusto
berryberry's Avatar
Fmr Obama econ adviser @SteveRattner op-ed in NYT: "Biden Keeps Blaming the Supply Chain for Inflation. That’s Dishonest."

But hey, oranges
HDGristle's Avatar
Rattner is right...but why?

Care to elaborate, friend?
berryberry's Avatar
Californians Pay Record High Gas Prices As Pump Pains Send Biden's Approval Rating Lower

According to American Automobile Association (AAA), the average price of a gallon of regular-grade gasoline in California stands around $4.719 per gallon on Wednesday, surpassing the previous record on Nov. 27. That's higher than the national average, which stands around $3.52, an increase of more than 40% since the same time last year when it was $2.505 a gallon.

berryberry's Avatar
The Ruling Class’s Inflationary Policies Hurt America’s Working Class The Most

The Biden administration continues to advocate for its tax-and-spend agenda, ignoring the fact that massive money-printing has left many Americans worse off.


Switching to a cheaper cell phone plan. Buying chicken instead of steak, or canned vegetables instead of fresh ones. Giving up vacations, and taking on an extra job to make ends meet.

These represent some of the hardships and sacrifices faced by millions of working-class American families. Even the leftist media has started to acknowledge the ways inflation gives a proverbial kick in the teeth to struggling households.

Yet the Biden administration continues to advocate for its tax-and-spend agenda, ignoring the fact that rapid money-printing by both Congress and the Federal Reserve has left many Americans worse off.



https://thefederalist.com/2022/02/21...lass-the-most/
berryberry's Avatar
Hell of a job Senile Biden

... HIGHER petrol gas prices on the horizon! ...

... Sleepy Joe mentioned it today. ...

.

This Biden and his magic wand improving things...

... The bloke is a genius!

#### Salty
berryberry's Avatar
Inflation is costing American families $385 more PER MONTH right now.

https://www.foxbusiness.com/economy/...highest-prices
berryberry's Avatar
Inflation Is "Imposing Real Hardships" On Everyday Americans; $10 Toothpaste & $4 Gas

Hell of a job Senile Biden

https://www.zerohedge.com/markets/co...es-hike-prices
berryberry's Avatar
The Senile Biden admin in a nutshell

berryberry's Avatar
"The imbecile actually pitched his climate change bill as anti-inflation at the SOTU claiming it will save American families $500 a year by 2030. . . the American people’s increase in cost of living right now is $385 per month, or over $4,600 per year."

https://t.co/cq1K79blVL
Jacuzzme's Avatar
I drive a ton, so put gas on a Visa for the sky miles. I’m anticipating the bill to be $7-800 this month, rather than the $3-400 it was pre-Brandon. That’s extra that would’ve been put directly into the economy through restaurants, whores, whatever. Now, rather than that money actually helping people it literally just gets burned.
"The imbecile actually pitched his climate change bill as anti-inflation at the SOTU claiming it will save American families $500 a year by 2030. . . the American people’s increase in cost of living right now is $385 per month, or over $4,600 per year."

https://t.co/cq1K79blVL Originally Posted by berryberry
... Well, the saving aint supposed to be until 2030.
He still got some time.

### Salty
berryberry's Avatar
The hit to your wallet from higher gas prices - $2,000 a year.
That comes on top of about $1,000 in extra costs at the grocery store due to inflation, which means the typical household will have $3,000 less this year to spend on other items, according to Yardeni Research.

Hell of job Senile Biden

https://www.cbsnews.com/news/gas-pri...t-2000-a-year/