The Most Telling Chart on Inflation You've
Ever Seen
PJ Media,
by
Matt Margolis
Original Article
Posted By: Imright,
10/17/2022 10:18:24 PM
If you listen to the White House, things are going great. Joe Biden said last week that the economy is “strong as hell,” and on Monday, White House Press Secretary Karine Jean-Pierre claimed that Democrats are making things better.
No, really… she did.
“Republicans are actually going to make things worse, and Democrats want to do the opposite and make things a little easier,” she said.
She also had the audacity to say that inflation and gas prices have been going down.
“When we talk about inflation, gas prices, that’s been something that’s… the American people have seen for the past several months, several weeks… as costs have been coming down,” she claimed
Reply 1 - Posted by:
kennedylaw 10/17/2022 10:55:40 PM (No. 1307594)
But Orange Man Bad!
20 people like this.
Reply 2 - Posted by:
mifla 10/18/2022 4:02:34 AM (No. 1307662)
Just waiting for some WH reporter to get so fed up with KJP's BS that he tells her to shut the hell up!
38 people like this.
Reply 3 - Posted by:
Calvinesq 10/18/2022 7:44:39 AM (No. 1307757)
This hockey stick graph has real numbers behind it, unlike the climate/warming alarmist's phony one. (Michael Mann could not be reached for comment.)
26 people like this.
Reply 4 - Posted by:
gop_guys 10/18/2022 8:21:11 AM (No. 1307778)
I’m sending the chart to everyone I know. This administration has absolutely no integrity as witnessed by their continued bald face lying. We all know the pain at the pump, the grocery store, the electric bill, cost of housing. The sad part as Monica’s Crowley recently wrote, “it’s all by design.” We must shellack them November 8!
18 people like this.
Reply 5 - Posted by:
bpl40 10/18/2022 9:03:00 AM (No. 1307823)
THIS chart settles all debates - political, economic, even socio/cultural.
Is there inflation - Yes
Was it caused deliberately - Yes
Were a substantial portion of Biden's 81 million 'vote' fraudulent -Yes
Was the COVID mandate unnecessary - yes.
Did trump win the 2020 election - A loud YES.
Don't put up with any guff from anyone!
23 people like this.
Reply 6 - Posted by:
rikkitikki 10/18/2022 9:03:51 AM (No. 1307824)
Biden not only caused inflation to spike, he took deliberate action to make it happen.
He did so by:
1. immediately taking every possible action to make oil (and thereby gasoline and diesel) prices go up (canceling Keystone pipeline, offshore leasing, etc). His goal was to make electric cars more competitive (even though the entire AGW premise is fake).
2. immediately rushing trillions of dollars in new spending thru Congress, using the fiat currency known as the US dollar, in a world in which the other largest economies are no longer trading oil in dollars (which means the value of a dollar is no longer tied to a tangible commodity, and is floating).
This is economics 101...and, as the plot proves, Biden has failed it miserably.
21 people like this.
Reply 7 - Posted by:
Strike3 10/18/2022 9:05:39 AM (No. 1307825)
Wee don need no steenking chart, just do the grocery shopping this week. Don't forget to fill your gas tank on the way home, if you can.
14 people like this.
Reply 8 - Posted by:
bigfatslob 10/18/2022 9:26:08 AM (No. 1307845)
About now I would enjoy a mean tweet and some $1.99 a gallon gasoline. In one day where I live gas went up 10 cents overnight to $3.70 a gallon.
9 people like this.
Reply 9 - Posted by:
Encore 10/18/2022 9:27:43 AM (No. 1307849)
Would like to see the chart where it shows the incline starting before the Ukraine incident. This is not all Putin’s fault.
9 people like this.
Reply 10 - Posted by:
Dodge Boy 10/18/2022 9:28:43 AM (No. 1307852)
The inflation chart imbedded in the article should be in every republican campaign ad.
11 people like this.
Reply 11 - Posted by:
MDConservative 10/18/2022 9:50:01 AM (No. 1307867)
Inflation doesn't work like someone flips a switch and it's on or off. Anyone who lived through the Nixon-Ford-Carter-Reagan 15 year era of gross inflation, when the dollar lost two-thirds of its value certainly should know better. One can point to this or that but the essential fact behind our current inflation is an infusion of $14 TRILLION into our economy in the form of stimulus, PPP, and other expanded personal and business benefits, not to mention the vaunted Operation Warp Speed, COVID testing, the distribution and administration of the "vaccines"...ad infinitum. That ALL happened before Joe took office thanks to a Congress and President infested with COVIDS mania. And many of those programs persist and have been expanded by the Biden Administration.
The Nixon, et al, inflation was the product of LBJ and his Democrat Congress that spent money like mad to combat Communism in Europe and Southeast Asia, fight wars on poverty to create a Great Society, establish Medicare, and send a man to the moon.
The heart of inflation is GOVERNMENT SPENDING flooding the economy with cash looking for a profitable home. That is a bi-partisan sport. And now we expect our government to manage our economy.
We're all socialists now.
10 people like this.
Reply 12 - Posted by:
Sanguine 10/18/2022 9:52:36 AM (No. 1307873)
If you can stomach it, open the thread and take the time to read the multitude of replies to the original “chart” tweet. Wow…there are plenty of liberal progressives who truly believe this chart is Trump’s fault, not Biden’s.
I blame Big Media/Social Media for 90% of the current divisiveness in this great nation. The other 10% are just plain ignorant. Pray for God’s guidance, mercy and protection. Pray for America.
14 people like this.
Reply 13 - Posted by:
Kafka2 10/18/2022 10:17:12 AM (No. 1307890)
It has gotten to the point that I do not believe anything the Democrats say. What I see is disaster after disaster, that the Democrats say are accomplishments.
After creating the worst inflation in 40 years, Biden wants to point the finger at Republicans. How stupid does he think we are?
11 people like this.
Reply 14 - Posted by:
stanwoodpb 10/18/2022 10:37:05 AM (No. 1307921)
Bagdad Bob.
6 people like this.
Reply 15 - Posted by:
cor-vet 10/18/2022 10:52:28 AM (No. 1307936)
We have our own 'Bagdad Bob' alive and living in the White House (part time) and we can call him Redondo Joe.
6 people like this.
Reply 16 - Posted by:
Zigrid 10/18/2022 11:28:11 AM (No. 1307973)
Drill baby drill!!...and the angry black woman at the podium is a fool...she hasn't a clue what's going on...the Washington DC cabal has to be worried about their image...she won't last long after the November election...she's like our commie Vice President....not fit for their job...
6 people like this.
Reply 17 - Posted by:
Kafka2 10/18/2022 11:42:36 AM (No. 1307990)
If you wonder what caused that momentary small dip in the CPI, just look at the graph of the Strategic Petroleum Reserve for the same period. The SPR was established to minimize temporary disruptions in the production of fuel until production can be restored. Biden has been using it to replace permanent reductions in petroleum production, that are the result of Biden’s and the Democrat’s war on fossil fuels, to temporarily reduce fuel prices before the midterm elections. The result is the SPR is nearly depleted, which means that the cost of fuel and inflation will shoot up after the midterm elections.
This is a crisis created by Biden and the Democrats policies to continue the war on fossil fuels instead of reversing coarse and ramping up the production of fossil fuels. Because the SPR is nearly depleted, we are in no shape to fight a war, of which Iran, Russia, and China are fully aware.
10 people like this.
Reply 18 - Posted by:
NotaBene 10/18/2022 12:10:59 PM (No. 1308011)
Democrats hate America. Cloward-Piven.
6 people like this.
Reply 19 - Posted by:
DeepSouth 10/18/2022 4:21:51 PM (No. 1308177)
You can tell most politicians are lying because their lips are moving.
I realized last night that Joe Biden is not like most politicians. He's lying even when his lips don't move.
2 people like this.
Reply 20 - Posted by:
Trigger2 10/19/2022 2:34:50 AM (No. 1308456)
I suffered yesterday afternoon listening to that WH spokesperson bragging about how the USA is pumping the most oil ever. What a crock. If it's true, then where the hell is it going? Certainly now to the USA. I'm positive Joey made a deal with Europe so they get it all.
0 people like this.
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