{"id":42780,"date":"2024-05-21T06:16:42","date_gmt":"2024-05-21T10:16:42","guid":{"rendered":"https:\/\/angry.net\/blog2\/?p=42780"},"modified":"2024-05-21T06:16:42","modified_gmt":"2024-05-21T10:16:42","slug":"surprise-inflation-jumps-again","status":"publish","type":"post","link":"https:\/\/angry.net\/blog2\/?p=42780","title":{"rendered":"Surprise! Inflation jumps again"},"content":{"rendered":"

Good day all. It\u2019s no surprise that people are hurting under Bidenomics. Inflation has reached levels not seen since the 1970\u2019s. There have been a few months where inflation didn\u2019t go up as catastrophically as it has in other months. However, April was not one of those months.<\/p>\n


\n<\/p>\n

Since the Worst President* in American history, Joe Biden, inflation has gone up a good 20 percent or more. Dementia Joe, of course, denies there are any problems then calls a lid and retires for the day around 2pm. Of course, the reality is very different, especially since inflation jumped in April a lot more then was anticipated. (Shocking, I know) Here are the details from Fox Business News<\/b><\/a>:<\/p>\n

Inflation at the wholesale level rose much more than expected in April, the latest sign that price pressures within the economy remain elevated and difficult to tame. <\/b><\/p>\n

\"\"<\/a><\/p>\n

The Labor Department said Tuesday that its producer price index, which measures <\/b>inflation at the wholesale level<\/b><\/u><\/a> before it reaches consumers, rose 0.5% in April from the previous month. On an annual basis, prices remain up 2.2% \u2013 the highest level since April 2023. <\/b>While the monthly gain is notably higher than the 0.3% increase forecast by LSEG economists, the headline figure is in line with expectations. <\/b><\/p>\n

There are a few graphs and other details in the Fox Business story that I both don\u2019t fully understand, and don\u2019t really believe. I\u2019ll let others dig into that.<\/p>\n

High inflation has created <\/b>severe financial pressures<\/b><\/u><\/a> for most U.S. households, which are forced to pay more for basics like rent, groceries and gasoline. Price hikes are particularly devastating for lower-income Americans, because they tend to spend more of their already-stretched paycheck on necessities and therefore have less flexibility to save money. <\/b><\/p>\n

\"\"<\/a><\/p>\n

Food prices are up massively, thanks to the incompetence and outright stupidity of not just Potato head Biden, but all the Communists, Socialists, Marxists and Global Warming fanatics he has brought into his maladministration. They have actively worked to wreck the United States economy. Energy prices are up significantly under this moron due to all the people working to kill American energy production and independence.<\/p>\n

<\/p>\n

As things stand now, we are looking at a potential depression that will make the one in 1929 look like a minor correction. The only way to both prevent that from happening and turn things around is to stop all spending not mandated by the Constitution. That is not something the Democrats will even consider, and frankly, we have to many so called Republicans who have the same mindset. We do have one way to fix things of course.<\/p>\n

<\/p>\n

Thatisall<\/p>\n\"1\"2\"3\"4\"5 (3<\/strong> votes, average: 5.00<\/strong> out of 5)
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~The Angry Webmaster~<\/b><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"

Good day all. It\u2019s no surprise that people are hurting under Bidenomics. Inflation has reached levels not seen since the 1970\u2019s. There have been a few months where inflation didn\u2019t go up as catastrophically as it has in other months. … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[176,141,100,71,315,219],"tags":[11,922,923,94,662,303,886,15,377,90,413,21,110,24,913],"class_list":["post-42780","post","type-post","status-publish","format-standard","hentry","category-economy","category-jobs","category-moonbat","category-news-of-the-day","category-precious-snowflakes","category-the-good-idea-fairy","tag-america","tag-bidenflation","tag-bidenomics","tag-chump-of-the-week","tag-dementia-joe","tag-donald-trump","tag-epic-biden-fail","tag-incompetence","tag-maga","tag-moonbattery","tag-progressives","tag-scams","tag-scoamf","tag-socialism","tag-trump-2024"],"views":255,"jetpack_featured_media_url":"","jetpack-related-posts":[{"id":42188,"url":"https:\/\/angry.net\/blog2\/?p=42188","url_meta":{"origin":42780,"position":0},"title":"Dementia Joe Biden blames grocery stores for high prices","author":"Angry Webmaster","date":"February 13, 2024","format":false,"excerpt":"Good day all. As anyone who has to manage a budget, food prices have skyrocketed under the Worst President* in American History, Joe Biden. Under that incompetent senile moron, inflation has skyrocketed. Fuel costs are up and that has a ripple effect through the economy. The American agricultural system is\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/angry.net\/blog2\/?cat=176"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/i.pinimg.com\/originals\/61\/3f\/d2\/613fd270a2a90c9cdaaae2c8da1b2ec0.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":37361,"url":"https:\/\/angry.net\/blog2\/?p=37361","url_meta":{"origin":42780,"position":1},"title":"Who does Biden blame for inflation? Who doesn\u2019t he blame except himself","author":"Angry Webmaster","date":"June 11, 2022","format":false,"excerpt":"Good day all. 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When the worst president* in American history, Joe Hairsniffer Biden pushed through his laughable Inflation Reduction Act, it was quickly termed \u201cBidenomics.\u201d It refers to the economy going right down the tubes since Dementia Joe was installed into the Oval Office and he killed 10,000+ jobs being\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/angry.net\/blog2\/?cat=176"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/i.pinimg.com\/originals\/55\/8c\/d5\/558cd5782bcf8a49bc421bd7da11a2c4.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":42515,"url":"https:\/\/angry.net\/blog2\/?p=42515","url_meta":{"origin":42780,"position":3},"title":"So much for the Democrats saying Bidenomics is a good thing","author":"Angry Webmaster","date":"April 6, 2024","format":false,"excerpt":"Good day all. The disaster that has come to be known as \u201cBidenomics\u201d has been going on since the first day of the worst presidential* administration in American History. Bidenomics was a term coined by someone on the Republican side when the economy began tanking on January 22, 2021. A\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/angry.net\/blog2\/?cat=176"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/i.pinimg.com\/originals\/d5\/03\/bb\/d503bb58e67b76f55877e176d1989a4e.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":41854,"url":"https:\/\/angry.net\/blog2\/?p=41854","url_meta":{"origin":42780,"position":4},"title":"\u201cExperts\u201d confused that people feel horrible about the economy","author":"Angry Webmaster","date":"December 18, 2023","format":false,"excerpt":"Good day all. Since January 20th 2021, the economy has been cratering. 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Under the Greatest President of the 21st Century, Donald Trump, Inflation was very low and costs for everything were low as well. Shortly after January 20th, 2021, costs for everything started going up. People\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/angry.net\/blog2\/?cat=176"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/i.pinimg.com\/originals\/96\/56\/b3\/9656b36cc83cb01fe027557eefa93f96.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/angry.net\/blog2\/index.php?rest_route=\/wp\/v2\/posts\/42780","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/angry.net\/blog2\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/angry.net\/blog2\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/angry.net\/blog2\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/angry.net\/blog2\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=42780"}],"version-history":[{"count":2,"href":"https:\/\/angry.net\/blog2\/index.php?rest_route=\/wp\/v2\/posts\/42780\/revisions"}],"predecessor-version":[{"id":42782,"href":"https:\/\/angry.net\/blog2\/index.php?rest_route=\/wp\/v2\/posts\/42780\/revisions\/42782"}],"wp:attachment":[{"href":"https:\/\/angry.net\/blog2\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/angry.net\/blog2\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/angry.net\/blog2\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}