In the history of mankind, many republics have risen, have flourished for a less or greater time, and then have fallen because their citizens lost the power of governing themselves and thereby of governing their state. TR

Wh3

Bidenflation going gangbusters

Inflation hasn’t been this bad since the Bush administration – that is, the George H.W. Bush administration.

You can’t buy stuff. And when you can, it’s more expensive. Good going, President Biden.

Meantime, the administration has chosen this moment to emphasize phasing out fossil fuels. Climate Czar John Kerry no doubt will be able to afford to heat his palaces this winter no matter how high natural gas prices rise. But a lot of Americans are stuck in a bad place.

According to the Wall Street Journal:

U.S. inflation hit a three-decade high in October—rising at a 6.2% annual rate—as pandemic-related supply shortages and continued strength in consumer demand continued to push up prices.

The Labor Department said the consumer-price index, which measures what consumers pay for goods and services, increased at the fastest annual pace since 1990. Inflation also topped 5% for the fifth straight month.

The so-called core price index, which excludes the often-volatile categories of food and energy, in October climbed 4.6% from a year earlier, higher than September’s 4% rise and the largest increase since 1991.

On a monthly basis, the CPI increased a seasonally adjusted 0.9% in October from the prior month, a sharp acceleration from September’s 0.4% rise, and the same as June’s 0.9% pace.

Price increases were broad-based in October, with higher costs for new and used autos, energy, furniture, rent and medical care, the Labor Department said. Prices fell for airline fares and alcohol.

Laura Rosner-Warburton, senior economist at MacroPolicy Perspectives, thinks the U.S. is entering a six-month period of unusually high inflation.

2 thoughts on “Bidenflation going gangbusters”

  1. These ppl live at the altar of climate change. They have absolutely no concern for you or your families well being. If you have to choose between food or heating your home, you’re either going to be hungry or cold. Ppl like Kerry is so uber rich, they don’t think twice about us peasants. They would rather have you die and not contribute to climate change.

    1. Well said, BigDave. These people do live at the alter of climate change. They worship at the altar of climate change with High Priestesses Greta and AOL leading the worship services with the help of a huge number of deacons who are the Progressives and other false prophets of Armageddon Climatology.

      It is a secular religion that has as a sacred sacrament anti-compassion. Like you said they don’t care about us peasants or the suffering that we have to endure at the hands of their power and control.

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