Thursday, March 10, 2022

Bidenflation: Inflation hits another 40-year high, worse coming

Look for Joe Biden and his apologists in the media to blame this latest price spike on Vladimir Putin. 

But these are February figures, Russia's invasion of Ukraine began with just four days left in that month. 

 From Fox News:

Inflation hit a fresh 40-year high in February, largely driven by higher gas prices.
The consumer price index climbed 7.9% on an annual basis, according to data released on Thursday by the Bureau of Labor Statistics. 
Month-over-month, inflation rose 0.8%. The year-over-year reading is in-line with estimates and compares with an annual 7.5% jump in January, marking the fastest increase since February 1982, when inflation hit 7.6%.

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