Why inflation can actually be good for everyday Americans and bad for rich people

Too many Dems told cruel lies about how wonderful runaway inflation would be.

Middle and Working Class being crushed by the Dems Red Ink Orgy.

Steep Increases in Food, Rent Costs Drove Inflation Higher Last Month
https://www.foxbusiness.com/economy/september-inflation-breakdown-where-prices-rising-fastest

'Inflation increased more than expected in September as the soaring cost of rents and food kept consumer prices running near a 40-year-high.'

'The Labor Department said Thursday that the consumer price index, a broad measure of the price for everyday goods including gasoline, groceries and rents, rose 0.4% in September from the previous month. Prices climbed 8.2% on an annual basis.'

And that 8.2% compounds on the already horrific inflation numbers from a year ago.

'Those figures were both higher than the 8.1% headline figure and 0.2% monthly increase forecast.'

With Trump the economists were consistently 'surprised' at how good things are. With Biden we are back to what we had with Obama/Biden, economists consistently surprised that things suck worse than they predicted.

Highest levels of most of our lifetimes.







Time for change before all we have left is change.

 

What an absolutely outrageous, self-evidently stupid premise. I used to laugh at stuff like this, but now I can only shake my head in disbelief at the sheer chutzpah of liberals.

 

Yeah, that post aged real well, didn't it.

I'm tempted to bookmark it so we can laugh/scoff at it next year when we really get to

 

Giant turds have a tendency to not age very well.

 

And what a shiny turd it was after all that polishing.

I oughtta get him to wax my car....

 

Yes, most economists agree that inflation is good for economic growth and reducing the real value of debt.

That rate however is like 2%.

We are more than 4 times that.

Hyper inflation is even scarier. Go see Venezuelans paying for a gallon of milk with a wheel barrel of Bolivar.

 

So, their debt shrinks in real terms, but they can't afford gas to get to work to pay the mortgage?

 

Stupid on steroids. It is awful for people on fixed incomes. Your income is stagnate but your rent groceries and gas prices are going through the roof. And a 2% increase in wages doesn't even come close to covering a 13% increase in food pay down your mortgage so where does the money come from? The gas bill? The Electric bill Don't eat for a month? The .
Man demonstrated the dictum that leftist are enemies if common since, basic math and even the simplest of logic.

 

WE HAVE A PUPPET IN THE WHITE HOUSE: ‘Pessimistic’ voters: Crushed by gas prices and fading personal finances.

'Voters are in a pessimistic mood as they head into the November midterm elections, deflated by rising gas prices and sinking personal finances.'



“The single most important indicator of how people will vote is related to personal finances. Currently, just 21% of voters say their personal finances are getting better, while 47% say their finances are getting worse. That’s a net -26 points.”

It's bad.
Vote for change