Off-Topic: Dementia Joe brings back stagflation
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Name:
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MartiniMan
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Subject:
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Dementia Joe brings back stagflation
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Date:
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1/12/2022 10:53:30 AM
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CPI up 7%...highest since 1982 and real average hourly earnings are down for the 9th month in a row. And the CPI is just the tip of the iceberg on actual inflation. Housing up 4.13% and goods at over 10%. Energy costs were flat last month but that's of little comfort given the rise in energy costs in the last 10 months and that flat spot is expected to rise again in January. So when you combine inflation and lower earnings you're looking at a significant hit to the financial well being of Americans...particularly middle class, lower middle class and the working and non-working poor. This is what Bidenomics gives you which is a redux of Jimmy Carter's failed economic policies.
Meanwhile Democrats fixate on January 6th as a worthless attempt to distract from the abject failure of their ideology. No one cares about January 6th and no one with half a brain believes an unarmed riot that inconvenienced some members of Congress falls even remotely into the category of an insurrection. And most people are beginning to believe based on the evidence that the FBI likely had informants there to incite the crowds like they did to those idiots in Michigan. Look up Ray Epps and ask yourself why he hasn't been arrested.
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