200yrs2late
Resident Parrothead

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RE: Feb Inflation: Oh Me Oh My
Lumber prices set all time highs this week. Our costs for framing packages nearly doubled from end of February. Wait till that gets figured into next month's number.
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| 03-10-2022 03:12 PM |
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CrimsonPhantom
CUSA Curator

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RE: Feb Inflation: Oh Me Oh My
Even CNN Isn't Buying Biden's New Lie About Inflation
Quote:We had a warning that the coming inflationary number was going to be bad from White House Press Secretary Jen Psaki. That’s why you knew it was going to be bad — and she wasn’t wrong.
The Consumer Price Index (CPI) jumped 7.9 percent for February, year-over-year reaching yet another 40-year-high and a new record for Joe Biden.
In a statement released by the White House, first, Biden bragged about his economy even as it’s crushing Americans. Talk about out of touch. But then, just like with the skyrocketing gas prices, Biden has a new excuse for why there’s such a huge increase in the year-over-year inflation — blame that on Vladimir Putin and the Russian invasion as well.
Biden claimed that American budgets were being stretched because they were “starting to feel the impacts of Putin’s price hike” — the new talking point Democrats are now trying to spread. Biden promised there would be new “costs at home,” that we should all just accept, because Biden promises we are dealing more consequences to the Russians with the sanctions than we will be feeling.
Now, this is just nonsense, since inflation has been on the rise for months. Does Biden believe that Americans have been asleep and missed all the prior months of inflation, already hitting record highs last month before there was an invasion?
But, Biden got a brutal fact-check from CNN, of all places. When even CNN is saying it, you know how bad the lie is. CNN’s chief business correspondent Christine Romans said the numbers were all pre-war numbers.
From Townhall:
“Inflation is accelerating, these are pre-war numbers as well,” CNN’s Chief Business Correspondent Christine Romans noted. “Many people had thought we’d see a peak in inflation in March maybe, well now we have a war in Russia, not captured — war in Ukraine — not captured here.”
CNN’s Romans also emphasized that the month-over-month increase of inflation of 0.8 percent shows “inflation is accelerating,” as opposed to just hitting now due to Putin’s actions. “All these things you basically can’t live without are rising here,” Romans added of the data. “You can see just why so many Americans are so sour on the economy…because they’re paying more for just about everything.”
“And again,” Romans said at the end of her report, “these numbers don’t capture the big disruption in the economy from Putin’s war in Ukraine.”
So, there is still punishment that we’re going to get from the sanctions, and the war is yet to come. So, if you thought Bidenflation was already lots of fun, prepare for the next part, even as they scold us and say “just buy an electric vehicle and you wouldn’t feel all this.”
CNBC’s Rick Santelli just wrecks Biden over this, laying out some of the Biden team’s excuses for inflation.
Bottom line? Biden is the reason we’re in this mess and on top of that, the Biden team insults our intelligence with their lies.
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| 03-10-2022 03:24 PM |
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boss man
The Collapse is Imminent

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Location: Arlington, TN
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RE: Feb Inflation: Oh Me Oh My
Biden* could give a damn less since he has the WH chef prepare whatever he wants 3 times a day. He doesn't see any inflation issue so in his A.D. impacted mind, there is NOT an inflation problem.
It is going to get worse - much worse - before we get ANY relief. This is the Biden* economy getting slammed by the Biden* inflation. So you truly OWN it, Joe. Quit being cute and trying to assign blame to Putin.
TOLERATE IT, AMERICA.
LET'S GO BRANDON!
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| 03-10-2022 06:31 PM |
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green
Hall of Famer

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RE: Feb Inflation: Oh Me Oh My
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| 03-15-2022 07:49 AM |
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rath v2.0
Wartime Consigliere

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RE: Feb Inflation: Oh Me Oh My
Hate to saw we told ya so….
This administration is a one ring circus.
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| 03-15-2022 07:53 AM |
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rath v2.0
Wartime Consigliere

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RE: Feb Inflation: Oh Me Oh My
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| 03-15-2022 08:30 AM |
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Oman
All American

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RE: Feb Inflation: Oh Me Oh My
no no no!!!!
haven't you heard, it's not the administration's fault.. NONE of it. it's the Russians dman it.. the Russians! and Covid, and the republicans who won't pass build back better...
Even Krugman says it's not Biden's fault.. and Pelosi says the more Govt spending would lower inflation.. you guys just don't get it.. PLEASE just let the smart people in Washington take care of you...
Come on man.
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| 03-15-2022 08:36 AM |
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b2b
Hall of Famer

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RE: Feb Inflation: Oh Me Oh My
Many of the people who voted for this idiot are least equipped to weather a financial storm. I wish they'd learn.
Worse than Carter. It's basically the Economics and Foreign Policy of Carter + the Social Issues of Obama.
(This post was last modified: 03-15-2022 08:52 AM by b2b.)
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| 03-15-2022 08:47 AM |
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maximus
Banned
Posts: 28,795
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RE: Feb Inflation: Oh Me Oh My
(03-15-2022 08:36 AM)Oman Wrote: no no no!!!!
haven't you heard, it's not the administration's fault.. NONE of it. it's the Russians dman it.. the Russians! and Covid, and the republicans who won't pass build back better...
Even Krugman says it's not Biden's fault.. and Pelosi says the more Govt spending would lower inflation.. you guys just don't get it.. PLEASE just let the smart people in Washington take care of you...
Come on man.
I know right
Its like they are literally throwing things against the wall in hopes it will stick.
They really do despise the populace and think everyone are zombies who walk around and look at tiktok.
Insane
Sent from my SM-N975U using Tapatalk
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| 03-15-2022 01:28 PM |
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