Frankly, I prefer my spaceship to have big tits and not fake inflated ones.
EDIT - numbers drop: America goes back to the 80s: Surging gas prices and higher rents push inflation to 41-year high of 8.5% as White House blames it on Putin invading Ukraine The consumer price index rose 8.5% in March from a year ago, the fastest increase since December 1981 Housing costs, which make up about a third of the index, have escalated and show no signs of cooling Gasoline prices soared 49% in March from a year ago as the war in Ukraine rocked energy markets Biden's administration tried to get ahead of the dire inflation news by blaming Russian leader Vladimir Putin But Republicans place the blame for soaring prices on 'Democrats' reckless spending and failed policies'
c'mon man...a $100 basket of groceries 2 years ago is only $120 now``````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````` zzyzzx says
Notice from the PCE data that durable goods continues to show deflationary or minimum inflationary pressure, as people are buying less computers, cars, refrigerators, furniture, etc.
That should be one of the first signs or symptoms that the economy is slowing down.
Its going to be interesting if the economy slows enough in next few months and right before the November election for people to allow that to influence their vote.
I am looking at Real Clear Politics composite poll data and all those Democrat Senators like in Nevada and Ohio are ahead in the polls. This should be the year that the Republicans can take back the Senate with a +3 seat lead.
The Democrats might be just lucky that the mainstream media and the federal bureaucracy manage the economy's narrative so that enough voters are fooled to think the economy is doing well going into the election.
The bough breaks after the November election when the false narrative cannot overcome that sour of economic conditions. .
https://patrick.net/post/1344548/2022-04-11-putin-s-price-hike-failing-administrati
Frankly, I prefer my spaceship to have big tits and not fake inflated ones.
EDIT - numbers drop:
America goes back to the 80s: Surging gas prices and higher rents push inflation to 41-year high of 8.5% as White House blames it on Putin invading Ukraine
The consumer price index rose 8.5% in March from a year ago, the fastest increase since December 1981
Housing costs, which make up about a third of the index, have escalated and show no signs of cooling
Gasoline prices soared 49% in March from a year ago as the war in Ukraine rocked energy markets
Biden's administration tried to get ahead of the dire inflation news by blaming Russian leader Vladimir Putin
But Republicans place the blame for soaring prices on 'Democrats' reckless spending and failed policies'
https://www.dailymail.co.uk/news/article-10711311/Inflation-soars-new-41-year-high-8-5.html?source=patrick.net