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Biden Flunks Another Inflation Exam

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Posted By: RockyTCB, 10/14/2022 7:16:03 AM

You know things are bad when even the mainstream press is admitting that the latest inflation numbers “soared far above expectations last month” and that this is “wiping out pay gains.” But, according to President Joe Biden, Thursday’s report on inflation “shows some progress in the fight against higher prices.” What progress? Inflation was up 8.2% in September, compared with the year before. And that’s on top of last September’s 6.2% increase. Here’s another way to look at it. In the 21 months since Biden took office, the Consumer Price Index has shot up 13.5%. That compares with 4% in the first 21 months of the Trump administration. (See the chart below.)

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Reply 1 - Posted by: bpl40 10/14/2022 8:33:50 AM (No. 1304253)
If you cannot distinguish between 8.7% and 2.0%, an inflation exam might as well be brain surgery.
4 people like this.

Reply 2 - Posted by: udanja99 10/14/2022 8:55:32 AM (No. 1304279)
Every time I read an article about another one of Biden’s lies it reminds me of this quote from John Steinbeck in East of Eden… “A lie is a device for profit or escape.” The “Beau died in Iraq” lie was for profit. This inflation lie is for escape.
7 people like this.

Reply 3 - Posted by: red1066 10/14/2022 9:23:49 AM (No. 1304318)
Biteme flunked potty training too.
2 people like this.

Reply 4 - Posted by: jalo1951 10/14/2022 11:11:31 AM (No. 1304449)
Of course dementia affects each person differently but there are some common traits many share. One is that dementia can totally wipe out a major personality trait, manufacture a new trait or extenuate one. In this case FJB love affair with lying is being enhanced 100 fold. Everything that comes out of his mouth is a lie. And he says it so easily and I do think he actually believes what he says. Brain circuit A can no longer hook up to Brain circuit B and he blows a fuse. The fact that he cannot correctly state Beau's death and that inflation isn't so bad is very telling. The Swiss cheese brain of FJB is a national security issue on many levels. The Biden family will never want for anything but this clown car administration is creating economic chaos for so many of us. Sky high food prices, crime, the border, the raping of our Strategic Oil Reserve, drugs, our education issues, energy issues, climate change nonsense, gender/sexual issues, housing prices, billions being sent to Ukraine and more billions being printed like Monopoly money and on and on. And this fool says we are making progress.
4 people like this.

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Biden Flunks Another Inflation Exam 4 replies
Posted by RockyTCB 10/14/2022 7:16:03 AM Post Reply
You know things are bad when even the mainstream press is admitting that the latest inflation numbers “soared far above expectations last month” and that this is “wiping out pay gains.” But, according to President Joe Biden, Thursday’s report on inflation “shows some progress in the fight against higher prices.” What progress? Inflation was up 8.2% in September, compared with the year before. And that’s on top of last September’s 6.2% increase. Here’s another way to look at it. In the 21 months since Biden took office, the Consumer Price Index has shot up 13.5%. That compares with 4% in the first 21 months of the Trump administration. (See the chart below.)
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