Yes. Yes it is.
Some of it is. Some is surely not. Of course, it’s world wide… and there’s the whole thing about the folks who have chosen to work in some other way are certainly doing something to the situation, but I’m darned if I know exactly how.
Some of the increase cost of goods is because sellers had not pass on increases when tariffs was put on them during Trump’s term.
Phil, I thought you were better than to fall into the RWNJ trap about inflation. you do know this is a world wide phenomenon. The US isn’t the only one getting it.
Misleading a bit, aren’t you?
Just further proof that supply-side economics does not work; hardly any nation’s leader is capable of changing the history of poor economic decisions that brought us to this dysfunctional state. Even a competent, proactive, Congress communicating, collaborating, and compromising to serve its people can fall victim to economic laws of supply and demand, much less a dysfunctional one during a worldwide recession.
Yeah, a world wide problem largely caused by Covid19 disruptions in production and shipping and price gouging hidden in supply side economics is all Biden’s fault. /s
Nothing better to squawk about? Bring up inflation, go back to bed.
I know a way to lower the inflation back to 2020 levels; just bring back more Covid infections and deaths. Will slow it right down.
rescind the bush/trump tax cuts fully (except the SALT cap)
This is an insult to Turkeys. They’re dumb, but not biden dumb. Oy! :P
Old Joe’s presidency is transitory.
Yup, just so long as democrats run the show. Once trump wears the crown this inflation thing will be history, “HE” knows how to do things like that, the man is a wizard with numbers.
Everything is transitory if you just step back far enough.
But even without that kind of silly, this level of inflation is only (slightly) painful. Not good for Biden’s polls and harder on folks with an actually fixed income than on the rest of us (not very many like that, these days, since most have social security which has a COLA built in), but survivable. If this is the worst outcome from the Pandemic — I suppose I should call it “Trump’s Pandemic” if I’m copying from the GOP playbook — then we’re getting off easy on the financial front. Not “easy” to deal with all those deaths and the infection sequelae that we’ve seen, of course.
Well, it is already going back Down.
Like DJT’s video of the Trump turkey.