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U.S consumer prices surge in March, CPI
finds, pushing inflation to 2 1/2-year high

Original Article

Posted By: NorthernDog, 4/13/2021 4:50:25 PM

The numbers: Consumer prices rose in March for the fourth month in a row and the pace of inflation hit the highest level in two and a half years, underscoring new pressures emerging on the economy as the U.S. recovers from the coronavirus pandemic. The consumer price index jumped 0.6% last month, the government said Tuesday, spearheaded by the rising cost of oil. Economists polled by Dow Jones and The Wall Street Journal had forecast a 0.5% increase in the CPI. The rate of inflation over the past year shot up to 2.6% from 1.7% in the prior month, marking

Comments:

You may hear ''experts'' saying this is nothing to worry about. Ronald Reagan compared inflation to a violent mugging and armed robbery since it steals your hard earned money.

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Reply 1 - Posted by: Jethro bo 4/13/2021 4:53:18 PM (No. 753651)
Was only a matter of time before the progressive mandate to radically change America hit home. Shocked it took Biden 2 months to start the good old days of Carter.
12 people like this.

Reply 2 - Posted by: Ribicon 4/13/2021 5:06:15 PM (No. 753658)
"The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation." — Vladimir Lenin, whose evil philosophy is now our nation's guiding light.
8 people like this.

Reply 3 - Posted by: GoodDeal 4/13/2021 5:17:31 PM (No. 753667)
Thanks to squeaking domestic oil production, rising gas prices which have gone from $3.05/gal in January to $3.95/gal right now where I live, and gas prices will keep on rising. So will the costs of everything. I just paid $8.99/lb for Oscar Mayer bacon that used to cost $5/lb.
4 people like this.

Reply 4 - Posted by: Ida Lou Pino 4/13/2021 5:19:53 PM (No. 753672)
Jimmuh Carter - - have a seance with Miz Lillian. Your all-time inflation record is about to be busted.
3 people like this.

Reply 5 - Posted by: Salt5792 4/13/2021 5:30:07 PM (No. 753678)
It is going to get much much worse.
5 people like this.

Reply 6 - Posted by: planetgeo 4/13/2021 5:38:45 PM (No. 753691)
Democrats have learned that they can claim they're only raising taxes on millionaires and businesses, but the ugly truth is that those millionaires own those businesses and they get YOU to pay their increased taxes by just raising the prices of everything they sell.
5 people like this.

Reply 7 - Posted by: OhioNick 4/13/2021 5:41:37 PM (No. 753694)
As of today in this part of Ohio, the price of a gallon of gas is $1.04 more than it was one year ago. Rising energy costs forces everything else to go up in price.
4 people like this.

Reply 8 - Posted by: Avikingman 4/13/2021 6:21:16 PM (No. 753748)
Grab your ankles.
2 people like this.

Reply 9 - Posted by: bad-hair 4/13/2021 6:25:03 PM (No. 753758)
and 4 more more years to go.
1 person likes this.

Reply 10 - Posted by: Spindletoptexas 4/13/2021 6:31:52 PM (No. 753765)
Get use to the word "unexpected" coming from the MSM in future news articles.
1 person likes this.

Reply 11 - Posted by: enemyofthestate 4/13/2021 7:08:40 PM (No. 753815)
Price for a gallon of gasoline in my city has gone up over $1 from the price in January. Do you want to know what a vote for Biden has cost? There is a clear indicator. He canceled the Keystone Pipeline, and we are no longer energy-independent. The cost of voting for Biden.
3 people like this.

Reply 12 - Posted by: enemyofthestate 4/13/2021 7:10:41 PM (No. 753818)
BOHICA!
1 person likes this.

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