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Started By
Message
Inflation surged in November even more than expected; fastest rise in 40 years
Posted on 12/10/21 at 7:40 am
Posted on 12/10/21 at 7:40 am
Labor Department Report is out. The rate of inflation is increasing month to month....not holding steady.
And FedGov wants to print a few trillion more for some nonsensical bill that provides dubious value to taxpayers.
quote:
LINK
Inflation accelerated at its fastest pace since 1982 in November, the Labor Department said Friday, putting pressure on the economic recovery and raising the stakes for the Federal Reserve.
The consumer price index, which measures the cost of a wide-ranging basket of goods, rose 0.8% for the month, good for a 6.8% pace on a year over year basis and the fastest rate since June 1982.
Excluding food and energy prices, so-called core CPI was up 0.5% for the month and 4.9% from a year ago, which itself was the sharpest pickup since mid-1991.
And FedGov wants to print a few trillion more for some nonsensical bill that provides dubious value to taxpayers.
This post was edited on 12/10/21 at 8:28 am
24
Posted on 12/10/21 at 7:42 am to member12
But hallelujah the mean tweets are gone
Posted on 12/10/21 at 7:42 am to member12
Posted on 12/10/21 at 7:42 am to member12
Let's
Go
Brandon!!!!
Go
Brandon!!!!
Posted on 12/10/21 at 7:43 am to member12
As I keep posting, people that might get a pay raise of 3% are likely taking a nearly 5% pay cut, even with that raise. And most are fricking clueless that they are.
Posted on 12/10/21 at 7:44 am to udtiger
quote:
Let's Go Brandon!!!!
Jimmy Carter on steroids.
Posted on 12/10/21 at 7:44 am to member12
Posted on 12/10/21 at 7:44 am to member12
I just hope all the people that voted for Biden are feeling it in their wallets.
Reap it
Reap it
Posted on 12/10/21 at 7:44 am to udtiger
"Its a small price to pay to rid ourselves of that orange dictator!" - The Spleen
Posted on 12/10/21 at 7:45 am to Oates Mustache
quote:
As I keep posting, people that might get a pay raise of 3% are likely taking a nearly 5% pay cut, even with that raise. And most are fricking clueless that they are.
I'd rather have a 3% pay increase than 0%
Posted on 12/10/21 at 7:46 am to member12
My company is doing mid-year raises, which is very rare for them. It would absolutely suck to be retired and on a thin budget and fixed income right now.
Posted on 12/10/21 at 7:46 am to member12
Well, as a single man not a lot changes in my grocery store buys. A little variance, depending on what meat I select to grill for the week which is usually buy what meat is on sale. My grocery bill has almost doubled in the last 6 months. It cost over $50 to fill up my car last night for the first time in years.
I make a decent living and don’t spend anything extravagantly. I don’t see how single earning families with a normal $50K/annual can make it in this world.
I make a decent living and don’t spend anything extravagantly. I don’t see how single earning families with a normal $50K/annual can make it in this world.
Posted on 12/10/21 at 7:46 am to member12
get woke, go broke! 
Posted on 12/10/21 at 7:47 am to Jones
53 million votes
Posted on 12/10/21 at 7:49 am to member12
But Brandon saved you .02 on gas ans .16 for your 4th of July 
Posted on 12/10/21 at 7:51 am to Klark Kent
Do you think any of them reflect on the choice they made and regret it?
Like maybe 5%?
Like maybe 5%?
Posted on 12/10/21 at 7:51 am to WG_Dawg
quote:
I'd rather have a 3% pay increase than 0%
You missed the point entirely or are just being obtuse. Yeah its better, obviously than getting nothing, but you're still taking a huge pay cut and most think they're actually still getting a raise.
Posted on 12/10/21 at 7:51 am to member12
No surprises here. This is what democrats do.
Posted on 12/10/21 at 7:56 am to member12
EQUITY
Q
U
I
T
Y
Q
U
I
T
Y
Posted on 12/10/21 at 7:59 am to Jones
quote:
Do you think any of them reflect on the choice they made and regret it? Like maybe 5%?
Even those 5% would never admit it.
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