This is not a surprise data-point for readers here. However, it is good to see honest statements from corporate executives on what to expect with food inflation…
August Producer Price Inflation Shows Highest Increase 8.3% Since Tracking Began, Previous Record Was Last Month…
The Bureau of Labor and Statistics (BLS) released the August review [DATA HERE] of producer prices for last month. August rose 0.7% with cumulative results now showing an 8.3% increase in prices; the largest year-over-year jump in prices for final demand products in the history of tracking. The prior record was July with 7.8%…
Inflation Data Released Today Shows White House July 4th Price Claims Were Total Crap, Gas Prices Doubled, Annualized Total Inflation Rises to 5.4 Percent and Climbing…
On July 4th, a little more than a week ago, the White House made the preposterous claim that holiday food was cheaper than last year. Everyone who buys groceries knew that level of propaganda was unmitigated nonsense and the consumer pricing data released today shows exactly that…
Gas Prices Jump Again As Crude Oil Hit Highest Price in Nearly 3 Years…
The prices of gasoline and crude oil both moved higher on Monday, squeezing U.S. consumers in the grip of the strongest inflation in over a decade…
Massive Inflation Continues, Real Wage Rates Declining, Middle Class Getting Squeezed Harder, Unleaded Gasoline Up 58%…
We noted last month the inflation issues were not going to get better and indeed they are getting worse. The Bureau of Labor Statistics (BLS) has released the latest inflation data, and the rate of inflation continues to increase at an alarming rate; now at 5% year over year for all items…
Data Shows Massive Inflation Starting to Bite Middle-Class Hard, Unleaded Regular Gasoline Up 52 Percent, Fresh Fruits and Vegetables Rising Fast…
As expected the high-turn consumable goods are starting to rise in price rapidly. The Bureau of Labor and Statistics (BLS) has released the consumer price analysis from April (remember there’s a big lag)…
Why No One Needs to Work in Biden’s America: Experts Project Anyone Who Earned $32,000 Before Covid Could Now Earn MORE in Benefits Staying at Home…
The average weekly unemployment benefit is now $638 – $300 more than what it was 2019…That means people are earning around $16-an-hour – more than double minimum wage which is at least $7.25 across America…It is creating a nightmare scenario for the economy; businesses are desperate to recover from the pandemic but they can’t fill their jobs…
Federal Reserve Will Support JoeBama Economic Agenda by Allowing Rapid Inflation, Diminished U.S. Worker Purchasing Power and Pain Upon Middle Class…
The federal reserve has announced they will support the economic agenda of the Biden administration by allowing rapid inflation. The FED is trying to provide cover for JoeBama’s economic plan. The era when the FED could impact inflation is long past. However, the Joe Biden policy impact will be clear, immediate and concise. The U.S. middle-class and blue-collar worker are about to be crushed under rising prices for consumable products…
The Extraordinary Naivete of the Democrats’ Economic Planning…
There’s a charming quality to the naivete of the Dems. Do they really believe this stuff? In another story published in the Times this past week, it was reported by a scribe known to carry water for the Biden administration that even before #46 entered the Oval Office last January, “some of his closest aides were focused on a question that risked derailing his economic agenda…
Trouble Ahead, Inflation Jumps More than Expected – Gasoline Prices Increase 9.1% in One Month, Year Over Year Inflation 2.6%…
The Bureau of Labor Statistics highlights some alarming inflation numbers today [Link Here] that are unfortunately, not unexpected…. unless you are a liberally trained economist (most of them) and so the results are surprisingly “unexpected”…