Author Topic: Biden Cheers New Inflation Numbers as 'Progress'  (Read 3025 times)

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Offline mystery-ak

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Biden Cheers New Inflation Numbers as 'Progress'
« on: September 13, 2022, 11:13:24 am »
Biden Cheers New Inflation Numbers as 'Progress'
Katie Pavlich

Posted: Sep 13, 2022 11:00 AM

President Joe Biden is attempting to spin new and horrendous inflation numbers as "progress."

"Today’s data show more progress in bringing global inflation down in the US economy.  Overall, prices have been essentially flat in our country these last two months: that is welcome news for American families, with more work still to do," Biden released in a statement Tuesday morning. "Gas prices are down an average of $1.30 a gallon since the beginning of the summer.  This month, we saw some price increases slow from the month before at the grocery store.  And real wages went up again for a second month in a row, giving hard-working families a little breathing room."

"It will take more time and resolve to bring inflation down, which is why we passed the Inflation Reduction Act to lower the cost of healthcare, prescription drugs and energy. And my economic plan is showing that, as we bring prices down, we are creating good paying jobs and bringing manufacturing back to America," he continued.

But what Biden says is insulting and untrue as grocery prices are up by 13 percent, along with all essential goods.


Quote
    Wow. Keep an eye on skyrocketing food costs.

    "The food index increased 11.4% over the last year, the largest 12-month increase since the period ending May 1979."
    — Heather Long (@byHeatherLong) September 13, 2022

    Inflation this past year of 8.3% stuck near a 40-yr high.
    ??Gas +25.6%
    ???Furniture +12.8%
    ??Airfare +33.3%
    ??Eggs +39.8%
    ??Chicken +16.6%
    ??Milk +17.0%
    ??Coffee +17.6%
    ??Lunchmeat 18.2%
    ??Flour +23.3%
    ??Oranges +14.4%
    ??Margarine +38.3%
    ??Rice +13.0%
    ??Bread +16.2%
    ??Soup +18.2%
    — Joel Griffith (@joelgriffith) September 13, 2022



    Gas prices are down, but here's why Americans are still feeling the sting of inflation:

    Food at home up 13.5% in past year - largest since 1979
    Rent is up 6.7% in past year - largest since 1986
    Electricity up 15.8% - largest since 1981
    Health insurance 24.3% - largest ever inc
    — Heather Long (@byHeatherLong) September 13, 2022

Overall, the numbers came in hotter than expected and wage growth is negative. On average, gas prices when Biden took office were $2.39 per gallon. The "Inflation Reduction Act" doesn't reduce prices for American families, it makes them worse. Democrat Senator Joe Manchin admitted this fact after helping Biden and Majority Leader Chuck Schumer push it through.

more
https://townhall.com/tipsheet/katiepavlich/2022/09/13/white-house-spins-horrendous-inflation-numbers-as-progress-n2613005
« Last Edit: September 13, 2022, 11:15:27 am by mystery-ak »
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Offline aligncare

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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #1 on: September 13, 2022, 11:31:46 am »
Progress!

I feel like singing.  “Happy days are here again, the skies above are clear again!”

What, don’t feel like singing? Come on now, progress!  **nononono*

Offline rustynail

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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #2 on: September 13, 2022, 11:35:55 am »
Progress!

I feel like singing.  “Happy days are here again, the skies above are clear again!”

What, don’t feel like singing? Come on now, progress!  **nononono*

                                                                           USA!  USA!  USA!

Offline LMAO

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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #3 on: September 13, 2022, 11:59:38 am »
This is not only tone deaf but very insulting. He would be better off just saying that “we understand inflation is a problem but we’re trying fix it” than celebrating this number


Wait till this fall and winter
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Offline Hoodat

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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #4 on: September 13, 2022, 12:01:02 pm »
At least more people are working second jobs now.
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Offline catfish1957

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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #5 on: September 13, 2022, 12:06:06 pm »
Reminds of some of the garbage we heard from Carter in about 1977-1978.  Things are getting better, when they actually were just getting less shitty.
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Offline mystery-ak

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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #6 on: September 13, 2022, 12:26:08 pm »
...and the Army told it's soldiers to apply for food stamps.... :crying:
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Offline rustynail

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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #7 on: September 13, 2022, 12:34:37 pm »
Build

Inflation

Destroy

Entire

Nation

Offline aligncare

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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #8 on: September 13, 2022, 12:39:06 pm »
Build

Inflation

Destroy

Entire

Nation

Let me be the first..

 :thumbsup:

Offline The_Reader_David

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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #9 on: September 13, 2022, 12:39:25 pm »
Well, at least he's not channeling Nixon and trumpeting his policies as having reduced the rate of increase in inflation.  (Economists rightly mocked Nixon for that, noting that it was the first time in history that a political candidate had invoked the sign of a third derivative (the rate of change in the rate of change in the rate of change in prices) as a justification for reelection.)
And when they behead your own people in the wars which are to come, then you will know what this was all about.

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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #10 on: September 13, 2022, 12:49:11 pm »
I have little interest in streamlining government or in making it more efficient, for I mean to reduce its size. I do not undertake to promote welfare, for I propose to extend freedom. My aim is not to pass laws, but to repeal them.

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Offline mystery-ak

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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #11 on: September 13, 2022, 12:54:44 pm »
Brandon is going to give a speech bragging about these new numbers...
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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #12 on: September 13, 2022, 12:58:13 pm »
Brandon is going to give a speech bragging about these new numbers...

You would like to think that there’s someone advising him from going out there and bragging about this but this is the same president that gave that God-awful speech not that terribly Long ago calling nearly half the country that disagree with his policies a threat to democracy
I have little interest in streamlining government or in making it more efficient, for I mean to reduce its size. I do not undertake to promote welfare, for I propose to extend freedom. My aim is not to pass laws, but to repeal them.

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Offline mystery-ak

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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #13 on: September 13, 2022, 01:24:58 pm »
Inflation Rises After Joe Biden Signs ‘Inflation Reduction Act’ and Prepares White House Celebration

Charlie Spiering 13 Sep 2022

The White House is planning a celebration of President Joe Biden’s “Inflation Reduction Act” on Tuesday, even as consumer prices rose again in August, according to the latest numbers from the federal government.

The Bureau of Labor Statistics’ Consumer Price Index released Tuesday morning shows that inflation in August rose one-tenth of a percentage point from July and up 8.3 percent from the previous year.

Grocery prices continue rising fast, as prices rose 0.7 percent from July and 13.5 percent from the previous year. Restaurant prices are up 0.9 percent from July

The “Inflation Reduction Act” spends billions of dollars subsidizing green energy projects, subsidies for electric cars, and propping up government-subsidized health care.
But the cost of health insurance and energy keeps rising.


https://twitter.com/BreitbartNews/status/1568697161365291009

more
https://www.breitbart.com/politics/2022/09/13/inflation-rises-after-joe-biden-signs-inflation-reduction-act-and-prepares-white-house-celebration/
« Last Edit: September 13, 2022, 01:26:41 pm by mystery-ak »
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Offline mystery-ak

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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #14 on: September 13, 2022, 02:15:09 pm »
 Biden Adds Insult to Injury by Lying About Inflation and Celebrating Making It Worse
Nick Arama

We saw the bad news about the rise in August in the CPI. That isn’t going to help the narrative that Joe Biden and the Democrats have been trying to sell that things are getting better. Stocks took a predictable tumble as a result.

But Joe Biden who has been lying about inflation since last year is still at it, even in the face of that inflation news. He couldn’t even make it past the first sentence without lying.

Quote
    “Today’s data show more progress in bringing global inflation down in the US economy. Overall, prices have been essentially flat in our country these last two months: that is welcome news for American families, with more work still to do,” Biden released in a statement Tuesday morning. “Gas prices are down an average of $1.30 a gallon since the beginning of the summer. This month, we saw some price increases slow from the month before at the grocery store. And real wages went up again for a second month in a row, giving hard-working families a little breathing room.”

    “It will take more time and resolve to bring inflation down, which is why we passed the Inflation Reduction Act to lower the cost of healthcare, prescription drugs and energy. And my economic plan is showing that, as we bring prices down, we are creating good paying jobs and bringing manufacturing back to America,” he continued.

This statement is just straight-up false. Prices are up and real wages continue to be down.


https://twitter.com/em__vaughn/status/1569682787589935107

more
https://redstate.com/nick-arama/2022/09/13/biden-adds-insult-to-injury-by-lying-about-inflation-and-celebrating-making-it-worse-n626749
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Online godblessRonaldReagan

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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #15 on: September 13, 2022, 02:19:19 pm »
[Verse 1]
Lie, lie, lie, liar, you lie, lie, lie, lie
Tell me why tell me why
Why'd you have to lie
Should've realised that
Should've told the truth
Should've realised
You know what I'll do

[Chorus]
You're in suspension
You're a liar
[Verse 2]
Now I want to know know know know
I want to know why you never
Look me in the face
Broke a confidence just to please
Your ego should've realised
You know what I know

[Chorus]
You're in suspension
You're a liar

[Verse 3]
I know where you go everybody you know
I know everything that you do or say
So when you tell lies
I'll always be in your way
I'm nobody's fool and I know all
'Cause I know what I know

[Chorus]
You're in suspension
You're a liar
You're a liar
You're a liar
[Verse 4]
Lie, lie, lie, lie, liar, you lie, lie, lie, lie
I think you're funny, you're funny, haha
I don't need it don't need your blah, blah
Should've realised I know what you are

[Chorus]
You're in suspension
You're a liar
I, for one, welcome our feline overlords

Offline catfish1957

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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #16 on: September 13, 2022, 02:38:43 pm »
Well.....

Wall Street has reacted to Pedo Joe's great victory over inflation by shaving off a 1000 points off the DOW as we speak.
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Offline mystery-ak

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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #19 on: September 13, 2022, 03:22:49 pm »
Tom Cotton
@TomCottonAR
·
1h
Biden hosting a "mission accomplished" celebration the same day data shows a massive spike in inflation is a perfect summation of his presidency.
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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #22 on: September 13, 2022, 03:43:37 pm »
G-d bless America. G-d bless us all                                 

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Offline mystery-ak

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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #23 on: September 13, 2022, 03:50:43 pm »
The price of food at home jumped 0.7 percent compared with the previous month. Over the past 12 months, grocery prices have gone up 13.5 percent.

Some of the biggest increases in food include:

    Ham up 2.5 percent from July and 9.2 percent compared with a year ago.
    Frankfurters (hot dogs) up 5.3 percent from July and 18.3 percent compared with a year ago.
    Eggs up 2.9 percent from July and 39.8 percent compared with a year ago.
    Bread up 2.2 percent from July and 16.2 percent compared with a year ago.
    Doughnuts up 2.0 percent from July and 14.1 percent compared with a year ago.
    Pickles up 4.0 percent from July and 19.4 percent compared with a year ago.
    Margarine up 7.3 percent from July and 38.3 percent compared with a year ago.
    Butter up 2.7 percent from July and 24.6 percent compared with a year ago.
    Sugar up 1.8 percent from July and 15.9 percent compared with a year ago.
    Potatoes up 3.1 percent from July and 15.2 percent compared with a year ago.
    Lettuce up 10.7 percent from July and 0.8 percent compared with a year ago.

According to Breitbart News’s John Carney, the median Consumer Price Index (CPI) rose 0.7 percent compared with the prior month. It accelerated from June’s 0.5 percent increase. The median CPI reflects only measures in the center of CPI’s price changes.

“The unrounded figure of 0.73789 percent is the highest on record, slightly above the previous record of 0.73078 percent set in June,” Carney wrote. “This is equivalent to an annual rate of inflation of 9.2 percent. That is the highest on record.”

The median CPI is 6.7 percent, the biggest 12-month rise since 1983, when the metric began to be recorded 39 years ago.

more
https://www.breitbart.com/economy/2022/09/13/grocery-store-inflation-rages-eggs-bread-lettuce-sugar-pickles-doughnut-prices-still-soaring/
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Offline dfwgator

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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #24 on: September 13, 2022, 03:54:12 pm »
At least more people are working second jobs now.

"What you mean only two jobs?  You lazy lima bean!"

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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #25 on: September 13, 2022, 03:57:10 pm »
Absolutely brutal on Wall Street today.  Equities down 4-5%

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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #26 on: September 13, 2022, 04:13:49 pm »
Joe Biden Brings James Taylor to Celebrate ‘Inflation Reduction Act’ as Stock Market Plummets Over 1000 Points

The aging folk musician walked out in front of the flood of Democrats on the South Lawn and after sitting on a stool played the song Fire & Rain to celebrate Biden’s multibillion-dollar green energy spending bill disguised as an “inflation reduction” law.

https://www.breitbart.com/politics/2022/09/13/joe-biden-brings-james-taylor-to-celebrate-inflation-reduction-act-as-stock-market-plummets-over-1000-points/
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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #27 on: September 13, 2022, 04:18:19 pm »
Dow tumbles as America’s prices keep rising


Quote

Stocks tumble in worst day since June 2020
CNN Business' Nicole Goodkind
US stocks plummeted in their worst day since June 11, 2020 after key August inflation data ticked upward, surprising investors.

The market is worried that hotter-than-expected inflation will prompt the Federal Reserve to raise interest rates more aggressively, inflicting serious damage to the US economy in the process.




https://www.cnn.com/business/live-news/stocks-markets-today-inflation/index.html
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Offline mystery-ak

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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #28 on: September 13, 2022, 04:19:03 pm »
Breaking911
@Breaking911
·
12m
BREAKING: Wall Street has worst day since June 2020 as inflation reading is hotter than expected; Dow drops more than 1,250 points - AP
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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #29 on: September 13, 2022, 04:19:23 pm »
Miranda Devine
@mirandadevine
·
20m
Why is he shouting? I'm serious. No joking. Not a lie.
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Offline libertybele

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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #31 on: September 13, 2022, 04:22:05 pm »
No one else is cheering besides Joe.

FJB!!!!  Let's Go Brandon    9999hair out0000 9999hair out0000

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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #32 on: September 13, 2022, 04:56:53 pm »
I'm so sick of these people I can't even describe it without getting kicked off this board.

There rosy little world is amazing.

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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #33 on: September 13, 2022, 05:10:34 pm »
No one else is cheering besides Joe.

FJB!!!!  Let's Go Brandon    9999hair out0000 9999hair out0000

Neither Wall Street or Main Street is cheering today
I have little interest in streamlining government or in making it more efficient, for I mean to reduce its size. I do not undertake to promote welfare, for I propose to extend freedom. My aim is not to pass laws, but to repeal them.

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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #34 on: September 13, 2022, 06:21:45 pm »
"Prosperity is just around the corner."

Offline mountaineer

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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #35 on: September 13, 2022, 06:28:30 pm »
I'm serving solar panels for dinner tomorrow. Also filling the gas tank with them.
Quote
Tom Elliott
@tomselliott

.@SpeakerPelosi: The Inflation Act is "cutting costs" on "kitchen table items" like solar panels

https://twitter.com/tomselliott/status/1569774377239019522
3:45 PM · Sep 13, 2022
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Offline dfwgator

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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #36 on: September 13, 2022, 06:30:49 pm »
Joe Biden Brings James Taylor to Celebrate ‘Inflation Reduction Act’ as Stock Market Plummets Over 1000 Points

The aging folk musician walked out in front of the flood of Democrats on the South Lawn and after sitting on a stool played the song Fire & Rain to celebrate Biden’s multibillion-dollar green energy spending bill disguised as an “inflation reduction” law.

https://www.breitbart.com/politics/2022/09/13/joe-biden-brings-james-taylor-to-celebrate-inflation-reduction-act-as-stock-market-plummets-over-1000-points/

JT must be hitting the smack again.

Offline mountaineer

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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #37 on: September 13, 2022, 06:41:31 pm »
Danny De Urbina
@dannydeurbina
Biden celebrating record-high inflation as a "great day" as he fumbles through an embarrassing speech while the Dow TANKS live on-screen is the defining image of the Biden Administration
UNREAL.
3:58 PM · Sep 13, 2022

https://twitter.com/dannydeurbina/status/1569777551718989834
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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #38 on: September 13, 2022, 07:21:25 pm »
Joe Biden Brings James Taylor to Celebrate ‘Inflation Reduction Act’ as Stock Market Plummets Over 1000 Points

The aging folk musician walked out in front of the flood of Democrats on the South Lawn and after sitting on a stool played the song Fire & Rain to celebrate Biden’s multibillion-dollar green energy spending bill disguised as an “inflation reduction” law.

https://www.breitbart.com/politics/2022/09/13/joe-biden-brings-james-taylor-to-celebrate-inflation-reduction-act-as-stock-market-plummets-over-1000-points/


I've been a liar, and I've been an ass.
I've made normal people pay five bucks for gas
I've loved the times when I made you jerks feel pain
But I never thought you'd vote for me again.
« Last Edit: September 14, 2022, 09:09:23 am by andy58-in-nh »
"The most terrifying force of death, comes from the hands of Men who wanted to be left Alone. They try, so very hard, to mind their own business and provide for themselves and those they love. They resist every impulse to fight back, knowing the forced and permanent change of life that will come from it. They know, that the moment they fight back, their lives as they have lived them, are over. -Alexander Solzhenitsyn

Offline libertybele

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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #39 on: September 13, 2022, 08:00:04 pm »
It's truly amazing that Joe & Company can lie through their teeth without being struck down from above by lightning.

Offline rustynail

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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #40 on: September 13, 2022, 08:18:09 pm »
It's truly amazing that Joe & Company can lie through their teeth without being struck down from above by lightning.

.....Their foot shall slip in due time; For the day of their calamity is at hand,.... .' [Deuteronomy 32:35]

Offline LMAO

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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #41 on: September 13, 2022, 08:19:33 pm »
Danny De Urbina
@dannydeurbina
Biden celebrating record-high inflation as a "great day" as he fumbles through an embarrassing speech while the Dow TANKS live on-screen is the defining image of the Biden Administration
UNREAL.
3:58 PM · Sep 13, 2022

https://twitter.com/dannydeurbina/status/1569777551718989834

What movie is it that stars Jim Carrey and Tea Leoni were Jim Carrey goes on a financial show To reassure investors that the company he works for is doing well and on TV they’re showing in real time it’s stock crashing?
I have little interest in streamlining government or in making it more efficient, for I mean to reduce its size. I do not undertake to promote welfare, for I propose to extend freedom. My aim is not to pass laws, but to repeal them.

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My Avatar is my adult autistic son Tommy

Offline Hoodat

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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #42 on: September 13, 2022, 08:24:46 pm »
Fun with Dick and Jane?
If a political party does not have its foundation in the determination to advance a cause that is right and that is moral, then it is not a political party; it is merely a conspiracy to seize power.     -Dwight Eisenhower-

"The [U.S.] Constitution is a limitation on the government, not on private individuals ... it does not prescribe the conduct of private individuals, only the conduct of the government ... it is not a charter for government power, but a charter of the citizen's protection against the government."     -Ayn Rand-

Offline mystery-ak

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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #43 on: September 13, 2022, 08:25:54 pm »
What movie is it that stars Jim Carrey and Tea Leoni were Jim Carrey goes on a financial show To reassure investors that the company he works for is doing well and on TV they’re showing in real time it’s stock crashing?

Liar Liar
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Offline LMAO

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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #44 on: September 13, 2022, 08:52:48 pm »
Fun with Dick and Jane?

That’s the movie

I got back from fishing and I asked my wife and she said that was the name of the movie
I have little interest in streamlining government or in making it more efficient, for I mean to reduce its size. I do not undertake to promote welfare, for I propose to extend freedom. My aim is not to pass laws, but to repeal them.

Barry Goldwater

http://www.usdebtclock.org

My Avatar is my adult autistic son Tommy

Offline Kamaji

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Re: Biden Cheers New Inflation Numbers as 'Progress'
« Reply #45 on: September 14, 2022, 04:13:58 pm »