More Bidenflation

Still reeling from yesterday’s shocking consumer inflation report, we got slammed with more terrible Bidenflation news today. The producer price index, which measures wholesale prices, jumped 11.3% last month. Much of the increase was due to skyrocketing energy costs, which impact every aspect of the economy.

According to one analysis, the average American worker has lost $3,400 from inflation, and the typical two-income family is losing $6,800. Left-wing CNN says inflation is costing the average household about $500 a month or $6,000 a year. 

This is an unmitigated disaster!

A White House spin doctor yesterday tried to deflect blame, claiming they inherited an economic mess. Really?

Well, the economy grew 4.1% in the fourth quarter of 2020, the final quarter of Trump’s term, and the inflation rate in December 2020 was just 1.4%. That doesn’t sound like a mess to me.

But after 18 months of the Biden/Harris nightmare, it is highly likely that we’re already in a recession, and the inflation rate is 9.1%!

There’s plenty of explanations for the mess. But a big reason it’s happening is because most Biden Administration officials don’t know the first thing about the private sector. Very few of them have any business experience at all. They have never met a payroll. They wouldn’t know how to run a business if their lives depended on it. 

Many of them are socialists and I suspect some are even Marxists. So, it should come as no surprise that they are destroying the economy.

These people walk around every day claiming to be compassionate. But they are inflicting massive pain and suffering on Americans of all races and ethnic backgrounds. Most small businesses feel their own government has declared war on them. Certainly, the energy industry is being attacked.