Inflation has reached its highest point in 30 years, as prices of everyday consumer goods rose 6.2 percent in October, with President Joe Biden’s $1.2 trillion infrastructure plan expected to make things worse…
Price Inflation Does Have One Benefit – More People Understand Now That Free Markets Collapsed Years Ago, This Is the Era of Controlled Markets – The Beef Industry is Spotlighted…
The screamingly high rate of pricing inflation is catastrophic to the American working middle class; however, there is one small benefit. More and more people are waking up to the reality that free market principles have been destroyed; what we have now are markets controlled by massive multinationals…
Jen Psaki Tells Stunning and Dangerous Lies About Transitory Inflation, Claims Price Increases Will Stop – They Won’t…
In her statements today, Psaki referenced people comparing the prices of 2021 consumable goods to 2020 and 2019. Within the statements, the scale of falsity is off the charts…
Kroger CFO Notes More and Faster Food Inflation Coming in Next Several Months…
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…