https://www.terrellaftermath.com/ |
Ethel C. Fenig . . ."For those who would understandably not want to read the BLS's entire depressing report, filled with facts in the form of numbers and charts CNBC summed it up in a few words:
November producer price index rises 9.6%, sets new record
" 'A new record!" which, not so incidentally, was higher than the 9.2% expected.
"As a consequence of these facts, you may now forget your new word, transitory, (not to be confused with transgender which can also be forgotten) because, as Federal Reserve chairman Jerome Powell noted:
Powell told U.S. lawmakers that “it’s probably a good time to retire that word (transitory) and try to explain more clearly what we mean” when talking about inflation.
"Good idea! What we mean by "talking about inflation" is that the average Joe's and Jill's (not with the last name of Biden) expenses will go up more than their modest salary increases. Joe Biden did that!!!
"And inflation is here to stay! Under Biden, it is permanent!
"Joe Biden did that!"
Former president Barack Obama is a pathological narcissist who only cares about hanging out with celebrities and being extravagantly wealthy, regardless of the death and destruction it causes. Nevertheless, he tried to stop Joe Biden from becoming president and made an effort to warn us about his dangerous incompetence.