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Data Shows Massive Inflation Starting to
Bite Middle-Class Hard, Unleaded Regular
Gasoline Up 52 Percent, Fresh Fruits and
Vegetables Rising Fast

Original Article

Posted By: earlybird, 5/13/2021 12:16:39 PM

As expected the high-turn consumable goods are starting to rise in price rapidly. The Bureau of Labor and Statistics (BLS) has released the consumer price analysis from April (remember there’s a big lag) [Top Line Data Here (Snip)] The trend is rapid inflation continuing with no end in sight. CORE inflation just jumped the most since 1982Overall prices are up 4.2 percent year-over-year, which is three times the rate of inflation under Joe Biden than under President Trump. Inflation hurts the lower and middle economic class much harder; and the specific inflation sectors show massive increases on the goods and services that blue collar

Comments:

Joebama’s policies vs. Trump’s policies. Trump took care of us. Joebama wants Wall Street and the world to love him.

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Reply 1 - Posted by: Ribicon 5/13/2021 12:23:31 PM (No. 784360)
Treasury Secretary Janet says inflation is a myth, and we need to keep spending without limit while keeping interest rates at zero, so the government can steal from us by eroding our savings. Vladimir Lenin said, "The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation." Nice that we're all on the same page. Amusing also that the USA helped the Soviets win WW2, and in return, the Marxists took control of the USA and Europe, just as they promised they would.
16 people like this.

Reply 2 - Posted by: Petronius 5/13/2021 12:45:22 PM (No. 784383)
Welcome back Carter.
12 people like this.

Reply 3 - Posted by: rememberwhen 5/13/2021 12:56:27 PM (No. 784395)
Elections have consequences, even stolen elections. As a person on fixed income, I expect to go from being comfortable to being hard up in relatively short order.
21 people like this.

Reply 4 - Posted by: Marzon 5/13/2021 1:02:43 PM (No. 784401)
And thus they steal the savings of the middle class and all the value of all that 401k money.
19 people like this.

Reply 5 - Posted by: volksford 5/13/2021 2:17:27 PM (No. 784479)
How about that ...we ended up with Venezuela's voting machines and now we have their inflation ! Only a numbskull like Biden could pull it off .
10 people like this.

Reply 6 - Posted by: Philipsonh 5/13/2021 2:56:21 PM (No. 784513)
In UpState NYS, where I live ,the cost of gas has gone up 27% since Biden took office. Ain't that ducky ? Why should he care ? He pays for nothing and only sees the payoffs he gets, if he can still count.
8 people like this.

Reply 7 - Posted by: Hermit_Crab 5/13/2021 3:59:26 PM (No. 784567)
All part of the plan. It is intentional. And you ain't seen nothin' yet!
5 people like this.

Reply 8 - Posted by: Corndoggies 5/13/2021 4:09:57 PM (No. 784579)
Freight is paying crazy high. Part of that is due to diesel being so expensive and for some reason there’s a truck shortage or so I’m told. We’re riding the wave while it lasts.
1 person likes this.

Reply 9 - Posted by: bad-hair 5/13/2021 6:14:54 PM (No. 784723)
As I've said since inauguration day ... If you liked Carter you're going to LOVE Biden. If you weren't born around Carter time, buckle up tight and Google it. 18 percent mortgages anyone?
1 person likes this.

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