Thank You Joe

Kyle

Beloved Misanthrope
PREMO Member
Inflation rises 7.9% in February, a new 40-year high

National average price for a gallon of gas is $4.31, according to AAA

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%.

The February data does not include the Russia, Ukraine conflict which have pushed prices at the pump to $4.31 per AAA as of today, a record high.



 

OccamsRazor

Well-Known Member
I understand speculation and futures. Still trying to wrap my head around how prices at the pump have gone up $2 in the last 13 months and it is all because of a skirmish involving a country that provides the US with 3% of our oil.
 

DaSDGuy

Well-Known Member
I understand speculation and futures. Still trying to wrap my head around how prices at the pump have gone up $2 in the last 13 months and it is all because of a skirmish involving a country that provides the US with 3% of our oil.
That skirmish only started increasing prices in the last 2 weeks. The $1.85 gallon increase before that is all because of Biden. But we all know Brandon will use that spin to explain his failures too.
 
Last edited:

stgislander

Well-Known Member
PREMO Member
I sure miss the good ole days when Tranny would come on here and explain to us why inflation is not that bad, and it was all Trump's fault, and Biden has not been able to get an handle on it yet because Republicans. :lol:
 

Kyle

Beloved Misanthrope
PREMO Member
Biden Admin Suggests Adding More Water To Your Instant Ramen To Feel More Full

WASHINGTON, D.C.—In conjunction with the USDA and HHS, President Joe Biden has released guidance for Americans that are being hit hard by inflation and surging gas prices. To ease their pain, the administration is advising everyone to add more water to their instant ramen so they can feel more full.

Press Secretary Jen Psaki briefed the press this morning on the Biden administration's official position. "It's really simple," she said. "Just add more water and you'll get more delicious broth—like magic! The president wants Americans to know that he's feeling their pain and we'll get through this together. Biden is just like one of you. The first lady puts on his pants for him one leg at a time just like everybody else."

She continued, "The president feels, and we agree, that 'Big Ramen' is using the Ukraine crisis as an excuse to price gouge poor working-class trans people of color."


 
  • Haha
Reactions: BOP

BOP

Well-Known Member
That skirmish only started increasing prices in the last 2 weeks. The $1.85 gallon increase before that is all because of Biden. But we all know Brandon will use that spin to explain his failures too.
Can't do much about that.
 

vraiblonde

Board Mommy
PREMO Member
Patron
I understand speculation and futures. Still trying to wrap my head around how prices at the pump have gone up $2 in the last 13 months and it is all because of a skirmish involving a country that provides the US with 3% of our oil.

AND started happening long before Putin invaded Ukraine. Gas prices be like psychic and chit.
 

Grumpy

Well-Known Member
I remember the Republicans under Trump so I don't have high hopes that they'll do anything other than launder money and pad their bank accounts.
I should have put a sarcasm emoji on my post. I was beyond pissed when the repubs bitched and bitched about obama care and then had NOTHING when they got in power.
 

Gilligan

#*! boat!
PREMO Member
I should have put a sarcasm emoji on my post. I was beyond pissed when the repubs bitched and bitched about obama care and then had NOTHING when they got in power.
Yep. And, much to my dismay, Trey Gowdy came to represent all that is/was bad with the do-nothing Republicans. He was brilliant with the oratorical machete....turned out to be quite useless when it came to any sort of follow through. Lots of deserving idiots were subject to his withering diatribes....but virtually none of them suffered any real penalties at all.
 

stgislander

Well-Known Member
PREMO Member
I should have put a sarcasm emoji on my post. I was beyond pissed when the repubs bitched and bitched about obama care and then had NOTHING when they got in power.
I was just going to post about that. Their big plan was just to reverse Obama Care. That was the last straw for me, and I changed my party affiliation.
 
Top