Sunday, December 19, 2021

Bidenflation Soars While Biden Fiddles; Worst Inflation Since 1982 as Consumer Prices Soar 6.8 Percent; Bidenflation for Breakfast: Milk, Cereal, Bacon, Eggs, Muffins, Juice, Apples, Bananas, and Coffee Prices Soar

Bidenflation Soars While Biden Fiddles:
The administration isn't fooling the American people.
The Biden administration has been pressuring news outlets to serve as President Biden’s spinmeisters, especially when it comes to glossing over Biden’s dismal performance on the economy. His usual supporters in the mainstream media are falling in line. At the same time, Biden has made a habit of avoiding any serious, off-script exchanges with the press. But Biden has found time to appear virtually on a late-night TV comedy show.
During an interview with NBC's Tonight Show host Jimmy Fallon on December 10th, Fallon asked Biden whether he is paying attention to his approval ratings, which have been underwater since the president withdrew all remaining troops from Afghanistan last August in a reckless manner.
"Well, not anymore," Biden said. "I'm not joking. I would pay attention when they're in the mid-60s, but now they're in the 40s, I don't pay attention anymore."
It looks like Biden won’t be paying attention to his approval ratings anytime soon. The American people are not in a happy mood as they find themselves paying astronomical prices for gas at the pump, heating, food, and other necessities.
On Friday, the day that Biden appeared virtually on Fallon’s show, the news on inflation got even worse than before. Consumer prices rose at the fastest annual pace in 39 years last month, increasing a staggering 6.8 percent over the same period a year ago. The price increases have effectively erased any advances in wages since Biden took office. In fact, real wages (taking inflation into account) have declined. --->READ MORE HERE
Chip Somodevilla/Getty Images
Worst Inflation Since 1982 as Consumer Prices Soar 6.8 Percent:
U.S. inflation hit the highest level since in nearly forty years in November, cementing high and rising inflation as the hallmark of the first year of Joe Biden’s presidency.
The Labor Department said the consumer-price index—which tracks what consumers pay for goods and services—rose in November by 6.8 percent from a year ago. That was the fastest 12-month pace since 1982 and the sixth straight month of inflation above 5 percent.
What’s known as core CPI–which excludes the often-volatile categories of food and energy–increased 4.9 percent in November from a year earlier, a faster pace of price hikes than October’s 4.6 percent. --->READ MORE HERE
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+++++Bidenflation for Breakfast: Milk, Cereal, Bacon, Eggs, Muffins, Juice, Apples, Bananas, and Coffee Prices Soar+++++

Inflation reaches 6.8%, highest in 40 years, government reports

Bidenflation: November Saw Biggest Jump Ever in Restaurant Prices, Fast Food Up Record 7.9%

Poll: 75 Percent of Small Businesses Pounded by Supply Chain Crisis, Inflation

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