AGAIN, I posted a chart with data, I didn't make any claims. Go back to peddling fake news about Biden Burisma, don't explain economic concepts to me.
Ah yes, typical boomer inbred response. ZEE MARXISTS while red state uneducated inbreds can't suvrive without mooching off everybody.
Real Inflation Is Higher Than Reported. One Shopper Has Proof https://themessenger.com/opinion/re...nomy?utm_source=onsite&utm_medium=latest_news Americans’ cost-of-living crisis continues. On Thursday, the Bureau of Labor Statistics announced that the Consumer Price Index rose 3.7% over the last year, about twice the Federal Reserve’s target rate. Although inflation has moderated from the beginning of the year, prices of goods and services have increased by around 20% since President Biden’s term started. Food prices are up by about the same amount. This inflation has taken a painful bite out of Americans’ living standards. For many people, the chomp feels even bigger than these topline inflation numbers indicate. And they’re not only referring to the price of gasoline, which has risen by 64% — from $2.42 to $4 a gallon — since Biden took office. One consumer has the receipts. Eshia De Serriere, an ordinary shopper from Bolivar, Missouri, recently posted her Walmart grocery bills to social media, comparing prices for the same items purchased in late 2020 versus today. Observe: A pound of turkey breast went from $3.14 to $6.72, a 114% increase; A 4-pound bag of sugar went from $1.58 to $3.12, a 97% increase; A 64-ounce bottle of apple juice went from $1.18 to $1.98, a 68% increase; A standard bottle of honey went from $6.88 to $10.97, a 59% increase; A pound of ground beef went from $3.46 to $5.47, a 58% increase; A jar of applesauce went from $1.98 to $3.12, a 58% increase; A four-pack of Totino’s frozen mini pepperoni pizzas went from $4.88 to $7.64, a 57% increase; A box of Thai Kitchen stir-fry noodles went from $2.73 to $4.18, a 53% increase; A can of chunk chicken went from $3.98 to $5.98, a 50% increase; A jar of Hellmann’s mayonnaise went from $3.77 to $5.48, a 45% increase; A pack of bacon went from $11.98 to $16.48, a 38% increase; A loaf of Sara Lee bread went from $2.68 to $3.46, a 29% increase; and A pound of butter went from $2.98 to $3.68, a 23% increase. Unless otherwise noted, items are Walmart’s generic brand, “Great Value.”
That ship sailed long ago. Biden is horrible, his inflation is horrible. There is a reason Donald Trump is more popular than Joe Biden. There is a reason Donald Trump is leading Joe Biden in all polls. There is a reason the prediction markets favor Donald Trump to be the next President. I guess when you have a party who thinks Dylan Mulvaney is female, there is no point arguing, because those people are bat shit crazy. WILDCHILD WITH ANOTHER VICTORY.
CBS News ran the headline "Americans need an extra $11,400 today just to afford the basics," telling readers: "The typical American household must spend an additional $11,434 annually just to maintain the same standard of living they enjoyed in January of 2021, right before inflation soared to 40-year highs, according to a recent analysis of government data."