This truly is Biden’s inflation. Americans are getting hammered with inflation today and they know it. The Biden gang is trying to blame it on Putin and Russia but Americans aren’t buying it at all. The more Biden lies about this and everything else, the more Americans despise this Administration
Yesterday it was reported that the Consumer Price Index (CPI), a measurement of inflation, reached a 40-year high.
Breaking: March Inflation Rate Soars to 8.5% Under Joe Biden
Today the Producer Price Index (PPI), another measurement of inflation, reached an all-time high of 11.2%.
This is Biden’s economy. The goons who stole the 2020 Election stepped in and began destroying the US economy. Everything they do has harmed Americans and their livelihoods. These corrupt politicians pushed through massive spending bills that the economy couldn’t absorb. They then instituted policies that increased the cost of energy which impacts every American and every American company.
Now everything seems way up compared to a year ago.
This is Biden’s economy. This is Biden’s inflation.
US Inflation calculator reports (the chart above is also from this site) on the rate of inflation today when compared to prior years:
The annual inflation rate for the United States is 8.5% for the 12 months ended March 2022 — the highest since December 1981 and after rising 7.9% previously, according to U.S. Labor Department data published April 12.
You can see it. Biden’s actions are nightmarish. Americans are suffering needlessly as a result.
The post BIDEN ECONOMY: Producer Price Index Hits New Record High at 11.2% – Look at Comparison to Prior Years (Using CPI Data) appeared first on The Gateway Pundit.