Bidenflation Is Even Worse Than You Think

[mystery-ak]

Bidenflation Is Even Worse Than You Think
Chris Queen
4–5 minutes

It doesn't take a master's degree in economics to understand that prices are up in every sector of the economy. The economy under Joe Biden is nickel-and-diming us at every turn, and Americans can see past the smoke and mirrors that the White House is using to try to convince us that everything is fine.

The federal government's measure of price increases, the Consumer Price Index (CPI), has consistently shown that inflation isn't going away. The most recent CPI report indicates a 3.2% increase in prices from Feb. 2023 to Feb. 2024. That's a significant increase, but it only shows the increase over a rolling 12 months.

To get a clearer picture of what Bidenflation looks like, we need to compare prices between now and when Biden took office. That's what TIPPinsights did, and the results show you that Bidenflation isn't just worse than the White House wants you to believe — it's worse than you might have realized.

"We developed the TIPP CPI, a metric that uses February 2021, the month after President Biden's inauguration, as its base to measure the rate of change," TIPPinsights explains. "All TIPP CPI measures are anchored to the base month of February 2021, making it exclusive to the economy under President Biden's watch."

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https://pjmedia.com/chris-queen/2024/03/13/bidenflation-is-even-worse-than-you-think-n4927264

[Free Vulcan]

What these smirky punks in the Biden admin don't account for in the crap sandwich they are trying to sell Americans, is that the items you buy every day, every week have as much as tripled in the last few years. Inflation may have slowed now, but prices have risen heavily and are just more slowly increasing.

The lower your income, the greater percentage of these things make up your budget, as wages certainly have not doubled or tripled in that amount of time. So while the admin is touting that inflation has slowed to a trickle, you are still being squeezed, and even the dumb ones realize it.