Author Topic: NEW MATH: Psaki Says Inflation Is a Sign of Economic Success  (Read 719 times)

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Online mystery-ak

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NEW MATH: Psaki Says Inflation Is a Sign of Economic Success
By Sarah Lee | May 13, 2021 9:00 PM ET

The Consumer Price Index (CPI) numbers were just released and — in a bit of bad news for the Biden administration — they indicated inflation rose faster in April 2021 than it had in 12 years.

Quote
    The Consumer Price Index, which measures a basket of goods as well as energy and housing costs, rose 4.2% from a year earlier. A Dow Jones survey had expected a 3.6% increase. The month-to-month gain was 0.8%, against the expected 0.2%.

    …

    The increase in the annual headline CPI rate was the fastest since September 2008, while the monthly gain in core inflation was the largest since 1981.

    Energy prices overall jumped 25% from a year earlier, including a 49.6% increase for gasoline and 37.3% for fuel oil. That came even though most energy categories saw a decline in April.

Gas consumers don’t need to see those numbers to know they’ve been paying more at the pump. Nor do people looking to buy a used car or a new home.

But that bad news didn’t stop White House Press Secretary Jen Psaki from telling Americans that the rising prices were simply a sign of the Biden administration’s “successful economic strategy” in a word salad answer to a reporter’s question Thursday.

It’s all about the data, man.

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https://redstate.com/slee/2021/05/13/new-math-psaki-says-inflation-is-a-sign-of-economic-success-n379990
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Offline Wingnut

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Re: NEW MATH: Psaki Says Inflation Is a Sign of Economic Success
« Reply #1 on: May 14, 2021, 02:11:47 pm »
Poor pSaki when she was at the fountain of knowledge she gargled instead of taking a drink.
You don’t become cooler with age but you do care progressively less about being cool, which is the only true way to actually be cool.

Offline catfish1957

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Re: NEW MATH: Psaki Says Inflation Is a Sign of Economic Success
« Reply #2 on: May 14, 2021, 02:20:38 pm »
Sad fact is that those who don't remember the '70's might believe this wench.
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Re: NEW MATH: Psaki Says Inflation Is a Sign of Economic Success
« Reply #3 on: May 14, 2021, 03:10:39 pm »
Sad fact is that those who don't remember the '70's might believe this wench.

I think that's a big part of our problem.

Online DefiantMassRINO

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Re: NEW MATH: Psaki Says Inflation Is a Sign of Economic Success
« Reply #4 on: May 14, 2021, 03:13:45 pm »

The 1970s were fun times ... powdered milk ... gasoline rationing ... electricity blackouts ... that's why Gerald Ford and Jimmy Carter were two of the greatest two-term Presidents in American history.

Inflation obliterates the value of dollar-denominated assets and savings.  It's a quick way of increasing poverty and desparation amongst the unwashed masses.

If Psaki was right, Zimbabwe would be the world's greatest economic powerhouse.

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Re: NEW MATH: Psaki Says Inflation Is a Sign of Economic Success
« Reply #5 on: May 15, 2021, 05:08:30 am »
Poor pSaki when she was at the fountain of knowledge she gargled instead of taking a drink.
When God was giving out brains she thought he said rain and ran home for an umbrella

When god was giving out smarts she thought he sad farts and ran away and hid

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Re: NEW MATH: Psaki Says Inflation Is a Sign of Economic Success
« Reply #6 on: May 15, 2021, 05:29:53 am »
The germans national socialist democratic party last century achieved a wheelbarrow of money was what it took to buy a loaf of bread, Now Americas NS democrat Party seeks many of the same type success as they did back then.  It some how had to get this bad for useful fools to finally open their eyes and ears and 'get it'.
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