Don’t worry, guys. Inflation is totally normal. And temporary. And because of COVID. And also it’s all Republicans’ fault. And it really only affects rich people. And spending trillions more on federal programs will definitely help fix it.
And [insert Biden's latest excuse here].
Hopefully all that bullcrap makes you feel better about the fact that consumer prices rose 6.8% over the past year – the sharpest increase in the past four decades, according to a breaking new report released Friday from the U.S. Labor Department.
And, in case the Facebook fact-checkers try to flag us yet again for simply stating a proven fact that happens to make Joe Biden look like a moron, here’s this: “Prices for U.S. consumers jumped 6.8% in November compared with a year earlier as surging costs for food, energy, housing and other items left Americans enduring their highest annual inflation rate since 1982,” the AP reported.
And it’s not slowing down. In fact, 0.8% of that increase was seen from October to November alone, fueled by shipping problems, a shortage of truckers, employers’ struggles to hire enough workers, and the government flooding the market with "stimulus" cash. And the price hikes are hitting Americans' wallets hard, reflected in everything from the cost of houses and cars to groceries, clothes, home goods, and Christmas presents.
But never fear! After all, gas is down $.02 - after jumping more than a dollar over the past year, of course.
So everything’s fine.
(Cover Photo: Gage Skidmore)