A disturbing new report now shows that inflation continued its uncontrollable increase in the month of July with the Consumer Price Index (CPI) clocking in at a shocking 5.4 percent.

As The New York Times reports:

Inflation continued to surge in July, but appeared to settle close to the fastest pace in almost 13 years as the economy continues to emerge from the pandemic, the feds said Wednesday.

The Labor Department’s Consumer Price Index, which measures a basket of goods and services as well as energy and food costs, jumped 5.4 percent in July from a year earlier.

That’s the same as June’s 5.4 percent year-over-year rise in prices, which marked the biggest 12-month rise since August 2008, just before the financial crisis sent the US into the worst recession it had seen since the Great Depression.

Consumer prices rose 0.5 percent from the month prior, the Labor Department said.

The Biden Administration has continued to insist that high inflation would be merely a ‘transitory’ event.




Comments

  1. Transitory EVENT???? You SOCIALIST COMMUNIST PROGRESSIVE DUMBOCRAP LIAR….Don’t urinate down my back and tell me it is raining…Those that pull your puppet strings are in for a big surprise…That is “if” the “SHEEP” WAKE UP!!!!

          1. Agreed, yet Republucan Senatos seem to be jumping over eachother to support Democrat spending. What has happened to the Republicans?

          2. The Republicans helped signed HR 6666 into law . Does that answer your question. The Political Authoritarian class is laughing at you and they preach the same narrative “Where here from the Government and we want to help you !!”

          3. The Republicans are weak, their ethics are in the toilet, their leadership is a JOKE!!! I find it so sad that 19 of them side with the COMMUNIST REGIME in power now!!! They are, in truth failures, they ONLY represent THEMSELVES, not their constituents!!! They are in fact FAILURES!!!

          4. Wonder hope much money will be filled to them. Republicans in congress are part of the swamp.

          5. No you don’t !! He is the Scoundrel that signed the Emergency status to create the “Lockdown” He is working alongside these Evil criminal !!

      1. Commie is CATHOLIC… Vote for ANY CATHOLIC and you vote for a commie and failure forever. . Pelosi, Biden, Cuomo, deblasio, Murkowski and the list goes on.

  2. Buckle Up. TOUGH times ahead.
    World gone Mad. I’m just afraid “we ain’t seen Nothin’ yet”. 😬
    Suuuuuure hope I’m wrong.

    He who Reigns over ALL, “ain’t too happy” with us disobedient, wayward fools.

    Aaaaand…. Why WOULD He be?

    When your “Leaders” are Unscrupulous, Evil SCUM….. there’s an ill wind ablowin’.

  3. Poor Old Joe couldn’t care less! His job, as he sees it, is to “spread it around” as his former African boss was fond of saying. If that involves permanent harm to the American People, or even criminality, Poor Old Joe is just fine with it.

  4. The Human Tater Tot biden is a Moron who spends money like a Sailor on liberty disgusting America biden is responsible for the insanity he created in the United States of America Vote out the Democrats next election.

    1. Mr Hutchins I am a 20 yr Sailor of the USN and resent the association of a Sailor disgusting America. Pick on biden all you want but it is not the USA troops that are causing the shit to hit the fan. Your choice to pick on does not serve those of us who gave ALL in supporting USA.

  5. Time that incompetent president weak up to the fact that cutting off oil exploration and the keystone pipe line wasn’t the main focus of this run away inflation. The president in his delusional states must’ve missed talking his meds. Biden like Obama must’ve gotten a F in economics 101 and the rules of physics ( WHICH STATES FOR ANY ACTIONS THERE’S A REACTION)
    Here’s the consequences for his stupidity the oil industry effectively control the cost of every aspect of lives in America and when you disrupt theses principles you get a run away inflation (5.4) and it’s effecting the economy.

  6. We must, upon proof of enough fraudulent activity to have changed the result of the election, demand that the 2020 presidential election be decertified and President Trump reinstated to his rightful office. We cannot allow a fraudulent government to continue or we won’t have a country lift. This could be our last chance. Arizona State senator Wendy Rogers has a sign up on her Twitter page to decertify the 2020 presidential election. Please go there and sign it everyone and get everyone you know to do so also.

  7. This is what you get when you lower standards and are ruled by communist inferiors who have no regard for human life or American values. these globalists are NOT Americans. Call them out and correct the lies.

  8. For every point Biden’s popularity goes down, our inflation index rises. Is that what they call the law of averages?

  9. Adding to the problem is the fact there is a group of rino’s that are going along with Biden or whoever is really the President behind the scene who is pulling his puppet strings.

    1. The Deep State “at work”.
      We are SO F______!!!

      Sorry, it’s a Situation that warrants Crudeness.

      1. Yup. And it’s still HARD to Believe that The Donald wasn’t “offed” by the Evil that is in control of this world. They made his life an unholy Hell, though. THEY WILL ALL PAY.
        Just imagine if he could have concentrated on and devoted ALL of his time and efforts to ACCOMPLISHING!
        “They”, Certainly weren’t going to Allow THAT, now were they, the EVIL SCUM!!!

  10. This is the number we all care about! The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) increased 6.0 percent over the last 12 months to an index level of 267.789 (1982-84=100). For the month, the index rose 0.5 percent prior to seasonal adjustment. 

  11. When are the seniors going to have to start eating dog food? Especially the ones who voted for this disaster, because they thought joe was going to be such a uniter???? They just couldn’t take orange man’s rhetoric???? Well, now joe will tax you to death, that is if he doesn’t kill you with the side effects from the vax. We’re in deep do- do.

  12. STOP FRAUD

    Impeached joKe bidet for election fraud all counting machines were indeed connected to the internet and breached oath of office. 

    Frankspeech

    com

    today

  13. According to IDIOT, he is keeping a close eye on inflation….How funny, earth to Biden, earth to Biden,,,,,Inflation is already RAMPANT BOZO

    1. NOT to worry, Max. It’s JUST “transitory”! 😂
      WHAT a brain dead Scumbag!!!
      PRESIDENT of the United States of America!
      🤮 Pleeeease! WAKE ME from this F’ing Nightmare! 🤮

    1. Only NOW it’s your grocery bill will take 20% of your Gross income, ‘bout a full THIRD of your NET income. Then there’s the “food” for your vehicles! 😩
      These people are a DISASTER.

  14. The Biden White House is the house of follies.
    The Biden follies continue, Southern border wide open no papers, no medical checks, absolute virus ridden invasion yet the Canadian border remains closed, Biden pissed off over pipe line lawsuit, which he knows will be lost in the courts. Stand up comic your not but big joke you are, The following is who big teck is protecting, Let me check my notes, is my butt wiped? no more questions, but the press conference just started, Get me Hunter on the private line, the CDC authorized the virus ridden illegals to come into our country, Mr. President you did, where are my “big teck intermediaries”? need redo on this conference, this whole thing is Trump’s fault, I invented the vaccine or was Dr, Jill? Any way. late for video games at camp David got to go. Told you Arizona it’s not who votes, it’s who does the counting. Oh well, hope Hunters art sales are doing great.

  15. Rejoice!!! Look south of the USA. It is all CATHOLIC and has `1000% inflation in most places. Now the USA is just one more failed CATHOLIC hellhole. Vote for ANY CATHOLIC and we can have inflation just like everything south of the USA.

  16. STOP Fascist

    Impeached joKe bidet for election fraud all counting machines were indeed connected to the internet and breached oath of office. 

    Election 2020 null and void .

    Desertify electoral college votes

    ….Can’t certify fraud…

    Frankspeech

    com

    now

  17. Why should the GOP or RNC receive your generous donations?
    they’re all the same backstabbers, democrat or republican is the same trash, liars and thieves!!
    Most republicans showed you how they backstabbed TRUMP at every turn.

  18. just put in Septic tank, if job was to be done last summer it would have cost 9-10 Grand, it now came in at 13K : 5.4% my ass :

    1. You don’t think THEY are going to release any TRUTHFUL numbers, do you Manuel?! That’s NOT What They DO!!!

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