Bidenflation Pressure Intensifies as Import and Export Prices Surge Higher

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The cost of imported goods jumped two percent as American buying power dimmed further amid the biggest jump in inflation in 40 years, Department of Labor data showed Wednesday.

This was the biggest jump in import prices in 11 years and follows last week’s report showing that the Consumer Price Index rose 0.6 percent in January and 7.5 percent compared with a year earlier.

Economists had been expecting a 1.2 percent rise in import prices in January. Compared with a year ago, prices are up 10.8 percent.

 

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It’s almost like a pandemic shutdown the world last year and there are related shortages and pipeline issues and the oil industry is price gouging and the Republican Party is pretending 2020 never happened and trump didn’t shit the bed and attack the country and we’re digging out

Can you believe the world was dumb enough to elect Biden as global leader?

But my 4th of July meal dropped 6 cents

China Biden administration=Prison now.

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