Off-Topic: Inflation numbers are going to be sky high
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Name:
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Talullahhound
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Subject:
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Inflation numbers are going to be sky high
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Date:
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4/11/2022 5:14:54 PM
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Yes, It's going to be ugly and Biden is going to try to blame it on Putin and the war in Ukaine, or he'll tell us they expected it because the economy is recovering. I honestly dread going to the grocery store, because the price of everything is sky high, and the shelves are still not fully stocked. He's going to try to take credit too for the gas prices coming down a smidge. He'll talk about struggling families, but the truth is it is the seniors who are really struggling. The "big" increase in SS didn't do much when inflation is running at 7%.
I have long understood that this Administration does not understand how the economy works. I have to say that I have been somewhat shocked that Janet Yellen, who was once Chairman of the Fed, seems totally ignorant on this I would expect her to be an expert on.
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