Inflation Worse Than Expected, 8.2%

Politics
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Inflation Worse Than Expected, 8.2%…

Yea, but NO CHANGE in policy by democrats!

The inflation rate for the poor is MUCH higher. More like 40%, because the things they must have, food, gas, etc., is near double or more.

EDIT Having read so many responses from the left blaming the inflation on “The whole world is having inflation” and “Inflation is down from September”, etc.

It’s still the doing of the democrats. Their overspending, money printing, etc. has devalued the dollar, and that causes inflation world wide, as the US dollar is the world’s currency.

On top of that, their policies on oil drove the price up world wide as well, as there is less oil on world markets, driving up the prices. That in turn drove inflation massively.

Also, saying it’s lower than September is an absurd argument. Prices have not come down from September for almost everything, or for that matter since democrats took over government.

The 8.2% is even more price added to the already high prices.

It’s NOT better, and it’s NOT getting better.

It’s HURTING the middle class, and especially the POOR.

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More like 10007473 percent

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Damn, and here I was hoping the COLA would be that initially projected 9.6%. :frowning_face:

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its DOWN from September.

Allan

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Still higher than expected. There is hyperbole in the op and then there is the reality of it not slowing down as per expectations.

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economy still adding jobs and wage pressures.

fed actions arent having the desired effect.

Allan

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It’s still higher than expected.

Wait till next month…Gas is on the rise. Soon as the election is over gas will go through the roof, Biden will stop selling off the strategic oil reserve.

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That’s because there is a labor shortage that isn’t being addressed. No real way to address it probably. The fed actions are not.

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The problem is DEMOCRAT POLICY. They will not do anything different.

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Amazing. The stimmies that allegedly started this didn’t come from democrats.

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image

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Why are they begging our enemies to bring us more oil from the other side of the planet rather than encouraging Americans to produce more? THEY REFUSE TO CHANGE POLICY.

Continuing to do the same thing and expecting a different result is insanity.

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Yes they did.

Fauci and Birx and the noisy state Governors got the Titanic taking on too much water for the bulkheads to hold back.

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What happened to all that automation that was going to eliminate so many jobs?

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Who signed and asked for 2k on each check. Just stop.

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energy prices are down.

its food costs that are high.

Allan

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I m hearing reports that Biden tried to pull a little quid pro quo with the Saudi’s … you know…” please don’t cut production until after the electionz”…democrats all said that was impeachable a couple of years ago.

There’s not one thing the democrats are doing right now that should not immediately be changed.

Thanks Biden voters.

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Energy prices are not down that’s just a stupid comment. Gas is over 6 dollars in California…hell here in north Texas it’s gone up from a little under $3 to 3.39 where o fill up in the last 3 weeks.

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energy costs are down.

food prices are high.

Allan

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Headline inflation is 8.2%
It’s the highest since 1982?
How did the US defeat 8.2% inflation in 1982?

HINT: Once inflation is over 5% the US has NEVER defeated it without raising the FFR higher.

Fed has NEVER pivoted with rates lower than inflation.
N-E-V-E-R done it. Zero times.

100% of the data says Fed Funds Rate will go higher than inflation.
0% of the data says 8.2% inflation will be contained any other way.

2 Likes