When Biden stoled the presidentcy in January 20th of 2021, the annual inflation rate was an acceptable 1.3% and gas was an average of $2.39 a gallon. Now, (Nov 1st 2022) the supposed inflation is 8.7% and the average price at the pump is $3.65 even though he’s selling off our Strategic Oil Reserve to China to keep the price down. (BTW, in June of 2020. I paid $1.49 per gallon in Pillager Mn, in Brainerd Mn, the next town, it was $1.43). Trump wanted a National ceiling of $1.50 per gallon. Between November 11th and January 20th, the price of gas increased about $1.00 per gallon. Biden, however claimed in a speech Thursday after the September numbers were released that if Republicans win in November, inflation will get far worse, which is ridiculous! The past and present numbers speak for themselves! According to the United States Consumer price index, these are the inflation numbers under Biden:
42.9% airline fares.
33.1% utility gas (Natural & propane).
30.5% eggs.
18.2% gasoline.
17.2% chicken.
15.7% coffee.
15.2% milk.
14.7% bread.
10.1% furniture.
9.2% vegetables.
8.2% fruit.
8.1% ham.
7.6% women apparel.
7.2% used cars.
6.7% rent.
3.7% men apparel.
16.5% inflation, NOT 8.7%! An acceptable level is under 2.5.
While Trump was in office 2019-2020, inflation was 1.23% and going down. we had record-low unemployment for black and Hispanic and a 50-year low for women. Household income was at a record high, small businesses were booming while poverty was at a record low and our nation was energy independent. Our borders were more secure than in decades and our international superpower standing had been restored and our nation's most dangerous foreign enemies were keeping their heads down and oh yeah, unlike the current president who destroyed our country and permanently demonized our entire population in national official speeches, from Trump, we got--"mean tweets!"
National Bureau of Economics: “Under Biden we now have the highest inflation rate in 50 years with no end in sight”!
John Leer, Chief economist for Twitter “We now have the makings for a full blown Recession with a catastrophic depression very possible ”!
Bloomberg News “If this inflation continues, we will have a Recession by Oct of 2023”!
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What is our true inflation?
When Biden stoled the presidentcy in January 20th of 2021, the annual inflation rate was an acceptable 1.3% and gas was an average of $2.39 a gallon. Now, (Nov 1st 2022) the supposed inflation is 8.7% and the average price at the pump is $3.65 even though he’s selling off our Strategic Oil Reserve to China to keep the price down. (BTW, in June of 2020. I paid $1.49 per gallon in Pillager Mn, in Brainerd Mn, the next town, it was $1.43). Trump wanted a National ceiling of $1.50 per gallon. Between November 11th and January 20th, the price of gas increased about $1.00 per gallon. Biden, however claimed in a speech Thursday after the September numbers were released that if Republicans win in November, inflation will get far worse, which is ridiculous! The past and present numbers speak for themselves! According to the United States Consumer price index, these are the inflation numbers under Biden:
42.9% airline fares.
33.1% utility gas (Natural & propane).
30.5% eggs.
18.2% gasoline.
17.2% chicken.
15.7% coffee.
15.2% milk.
14.7% bread.
10.1% furniture.
9.2% vegetables.
8.2% fruit.
8.1% ham.
7.6% women apparel.
7.2% used cars.
6.7% rent.
3.7% men apparel.
16.5% inflation, NOT 8.7%! An acceptable level is under 2.5.
While Trump was in office 2019-2020, inflation was 1.23% and going down. we had record-low unemployment for black and Hispanic and a 50-year low for women. Household income was at a record high, small businesses were booming while poverty was at a record low and our nation was energy independent. Our borders were more secure than in decades and our international superpower standing had been restored and our nation's most dangerous foreign enemies were keeping their heads down and oh yeah, unlike the current president who destroyed our country and permanently demonized our entire population in national official speeches, from Trump, we got--"mean tweets!"
National Bureau of Economics: “Under Biden we now have the highest inflation rate in 50 years with no end in sight”!
John Leer, Chief economist for Twitter “We now have the makings for a full blown Recession with a catastrophic depression very possible ”!
Bloomberg News “If this inflation continues, we will have a Recession by Oct of 2023”!
Victory1