Daily update on Biden tanking america

[LIBrty4all 3,749]

Well, at least Biden is starting to make a little more sense...
 

 

 

[TBoneTX 45,077]

Build Back Bolshevik.

[LIBrty4all 3,749]

9 minutes ago, TBoneTX said:

Build Back Bolshevik.

Edited June 10, 2022 by LIBrty4all

[Dashinka 24,428]

Inflation hits fresh 40-year high in May with consumer prices surging 8.6%

 

Inflation barreled ahead in May, rising more than expected as supply chain constraints, the Russian war in Ukraine and strong consumer demand continued to keep consumer prices running near a 40-year-high. 

 

The Labor Department said Friday that the consumer price index, a broad measure of the price for everyday goods including gasoline, groceries and rents, rose 8.6% in May from a year ago. Prices jumped 1% in the one-month period from April. Those figures were both higher than the 8.3% headline figure and 0.7% monthly gain forecast by Refinitiv economists.

 

It marks the fastest pace of inflation since December 1981.

 

https://www.foxbusiness.com/economy/inflation-hits-fresh-high-may-consumer-prices-surging

[Boiler 45,387]

Gas here is now 5.20

 

I could mention other prices.

 

I do not believe these numbers.

[Crazy Cat 41,662]

$4.60 to $4.79 seems to be the range here in town.....but some of those numbers are a day old......

[Dashinka 24,428]

59 minutes ago, Boiler said:

Gas here is now 5.20

 

I could mention other prices.

 

I do not believe these numbers.

We are in the $5.29 range here for regular unleaded.  

[Neonred 3,551]

$4.70 to $4.89 range here.

[MarJhi 941]

Just In: US to End Covid-19 Test Requirement for Incoming International Air Travelers (thegatewaypundit.com)

 

well, it's a start

 

Edited June 10, 2022 by MarJhi

[LIBrty4all 3,749]

38 minutes ago, MarJhi said:

Just In: US to End Covid-19 Test Requirement for Incoming International Air Travelers (thegatewaypundit.com)

 

well, it's a start

 

Yeah, about 6 months and $200 too late.

[LIBrty4all 3,749]

3 hours ago, Dashinka said:

Inflation hits fresh 40-year high in May with consumer prices surging 8.6%

 

Inflation barreled ahead in May, rising more than expected as supply chain constraints, the Russian war in Ukraine and strong consumer demand continued to keep consumer prices running near a 40-year-high. 

 

The Labor Department said Friday that the consumer price index, a broad measure of the price for everyday goods including gasoline, groceries and rents, rose 8.6% in May from a year ago. Prices jumped 1% in the one-month period from April. Those figures were both higher than the 8.3% headline figure and 0.7% monthly gain forecast by Refinitiv economists.

 

It marks the fastest pace of inflation since December 1981.

 

https://www.foxbusiness.com/economy/inflation-hits-fresh-high-may-consumer-prices-surging

That's bad enough, but I don't think this reflects TRUE inflation.  Rent is up 15.4% over last year, and home prices up 20.6%.  I suspect there's an office in DC manipulating the numbers they have released to the press.

 

 

Price increases over last year (CPI report)...

Fuel Oil: +106.7%

Gasoline: +48.7%

Gas Utilities: +30.2%

Used Cars: +16.1%

New Cars: +12.6%

Electricity: +12.0%

Food at home: +11.9% Overall CPI: +8.6%

Transportation: +7.9%

Food away from home: +7.4%

 

Overall CPI: +8.6%

[LIBrty4all 3,749]

If only there was a leader somewhere who could have foretold what would happen under Biden...

 

https://www.instagram.com/reel/CdvmTecDV1z/?igshid=YmMyMTA2M2Y= 

[TBoneTX 45,077]

2 hours ago, LIBrty4all said:

Price increases over last year (CPI report)

Toilet paper not among the highest?

[Dashinka 24,428]

U.S. consumer sentiment plunges to record low in June, UMich survey

 

 

ECONOMIC REPORT

The numbers: The University of Michigan’s gauge of consumer sentiment fell sharply to a record low reading of 50.2, down from a May reading of 58.4. Economists polled by the Wall Street Journal had expected an June reading of 59.

 

The level is comparable to the low point reached in the middle of the 1980 recession, U Mich said.

 

https://www.msn.com/en-us/money/markets/us-consumer-sentiment-plunges-to-record-low-in-june-umich-survey/ar-AAYj40q

[LIBrty4all 3,749]

51 minutes ago, Dashinka said:

U.S. consumer sentiment plunges to record low in June, UMich survey

 

 

ECONOMIC REPORT

The numbers: The University of Michigan’s gauge of consumer sentiment fell sharply to a record low reading of 50.2, down from a May reading of 58.4. Economists polled by the Wall Street Journal had expected an June reading of 59.

 

The level is comparable to the low point reached in the middle of the 1980 recession, U Mich said.

 

https://www.msn.com/en-us/money/markets/us-consumer-sentiment-plunges-to-record-low-in-june-umich-survey/ar-AAYj40q

Only a deaf hermit living on a deserted island would have expected a higher rating to occur in June.