Yes, It's Biden's Inflation
PJ Media,
by
Ben Shapiro
Original Article
Posted By: Dreadnought,
4/13/2022 12:46:54 AM
This week, America received news of yet another shocking inflation report: over the past 12 months, inflation has skyrocketed 8.5%, outpacing wage gains by 2.9%. That inflation has flooded every area of American life, from gas (up 48%) to airfare (24%) to furniture (16%) to milk (13%). Inflation is costing the average American family hundreds of dollars per month — and, as we know, inflation is a highly regressive tax, harming those at the bottom of the income spectrum the most. For its part, the Biden administration blames Russian President Vladimir Putin’s invasion of Ukraine. White House press secretary and incipient MSNBC employee Jen Psaki announced
Reply 1 - Posted by:
DVC 4/13/2022 2:07:42 AM (No. 1127077)
Of course it is, Biden and the extreme Marxists in the House and Senate on the Dem side with a tiny dash of RINOs when needed.
They have destroyed the economy, with intentional policies to massively increase the cost of normal energy, and by pumping in literally $2-3 trillion "dollars" of fake money that the economy didn't need or have a way of properly dealing with. THAT causes inflation, along with the fact that the Dems' massive energy cost increases show up in ALL products. And the California incompetents/lunatics have created a massive disaster area on the entire state as far unloading ships and moving the ChiCom goods inland.
10 people like this.
Reply 2 - Posted by:
Strike3 4/13/2022 4:04:59 AM (No. 1127095)
To make it worse, many of the "wage gains" were forced by the government to make unskilled workers feeeel better about themselves, thus producing ten dollar-plus burger and fries meals, adding to the inflation. Add that to the many stimulus and unemployment checks credited to COVID and you have a great democrat recipe for disaster.
6 people like this.
Reply 3 - Posted by:
mifla 4/13/2022 6:08:49 AM (No. 1127124)
The MSM can print/broadcast anyting they want, even the kool-aid drinkers know that this administration's policies have caused this mess. They are reminded of it everytime they walk into a grocery store.
7 people like this.
Reply 4 - Posted by:
Trigger2 4/13/2022 6:56:13 AM (No. 1127156)
Thanks Joey, you incompetent jerk.
7 people like this.
Reply 5 - Posted by:
tootall 4/13/2022 7:28:07 AM (No. 1127190)
The situation is even worse than reported in this article. Shadow Government Stats (www.shadowstats.com) which calculates inflation prior to the definitions being changed to hide wasteful government spending and real inflation, puts the number at 17.15%. That is the highest since 1947 (75 yrs). 'You could look it up' - Yogi Berra
4 people like this.
Reply 6 - Posted by:
F15 Gork 4/13/2022 7:39:29 AM (No. 1127199)
Frankly Scarlett, I don’t know how folks out there are making ends meet. Sooner or later though those credit card bills will come due and there will be a knock on the door. It won’t be pretty.
4 people like this.
Reply 7 - Posted by:
czechlist 4/13/2022 8:11:49 AM (No. 1127230)
The Great Reset - "By 2030 you will own nothing and like it"
Inflation is one of the tools the globalists will utilize to prevent private ownership. Property will be too expensive for most to purchase and current owners will be forced to sell due to oppressive property taxes and maintenance costs.. Owners will be forced into deep debt and the banks and mortgage comoanies will foreclose and sell them to conglomerates who will rent them.
4 people like this.
Reply 8 - Posted by:
Twinkle93 4/13/2022 9:26:30 AM (No. 1127323)
Only a dumb person would believe that a country with a GNP that is less than 10 per cent of that of the U.S. is causing inflation in the U.S.
3 people like this.
Reply 9 - Posted by:
MDConservative 4/13/2022 10:16:03 AM (No. 1127407)
Yeah, it's Biden and the Democrats...sure it is. Those bipartisan TRILLIONS spent on stimulus and other COVIDS programs with the signature of PDT at the bottom line had no effect at all. Believe it...it was just those last few TRILLIONS that mattered, the old straw and camel's back. In 2018 the government added $1.34 trillion in total debt. 2019: $420.47 billion; and then 2020: $4.91 TRILLION. Republicans have no further claim to fiscal responsibility after this. None.
This is not rocket science. Many here pointed out the inevitable results of great inflation. As much as we all may hate liberals, communists, and Democrats (I repeat myself), the fact is that this fiscal disaster is bipartisan, and will continue to grow. It took Reagan almost his entire first term to get inflation under control. Ending it is a painful process. I wonder whether Americans are up to it...Land of the Free Shtuff.
1 person likes this.
Reply 10 - Posted by:
bigfatslob 4/13/2022 10:31:14 AM (No. 1127423)
When I grocery shop or purchase gas I don't see Putin's face I put the blame where it belongs on the assclown Biden. In the middle '70s into the '80s I was a young married building a new home raising very young children. I remember the Carter years. I can say Carter was not as bad as what Joe Biden has done to America. One thing Carter did right was not print money to devalue the dollar, he raised interest rates. With a fixed rate on a new built home, I invested in CD accounts. I made money and so did my father. Carter was bad but I don't think he was as un-American as Joe Biden the fraud.
3 people like this.
Reply 11 - Posted by:
DrOstrow 4/13/2022 2:15:48 PM (No. 1127720)
True up to a point #9. President Trump had a GROWING, robust, energy independent
economy started. it seems that the FIRST things Biden did was shutdown Keystone as well
as oil leases. Then, Hey, no problem, we're going to send all of you free money so we all
will be just fine ! And here we all are today !!
Had President Trump's ideas, plans and accomplishments continued, I suspect that additional
'stimulus checks', staggering increases in unemployment benefits etc. would not have been necessary
thereby eliminating at least 4 TRILLION in additional printed money - the SOLE cause of inflation.
And Jimmy was the problem in the late 70's, printing money and monetizing the debt he was
running up buying everything in sight and giving OUR money to any country that wanted some !
Interest rates went up because of the surplus amount of currency in circulation ( yeah, I signed
a 15.5% mortgage too ! ).
When President Reagan came in and stopped the presses ( which actually caused inflation to go
negative for about a month ! ) everybody screamed LOOK AT THE DEFICIT - IT'S HUGE !!. Sure it
was - printing money had been HIDING IT !! You're right. it took YEARS for the economy to
'catch up' and it WILL AGAIN this time, provided we get someone in charge who is not
bent of destroying this country.
3 people like this.
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