Americans struggle to navigate the economic climate as the holiday season begins. Obviously, the supply chain crisis has made it difficult to get some items, including things you’d often seen bought for Christmas such as electronics. The country’s inflation surge is what is really affecting the middle class.
RedState reported that past reports had delivered negative news in the recent months. They have been close to or beat record levels. In September, the nation saw its 13-year highest consumer inflation. This was mainly due to higher prices for gas and food items. At 7.8%, July saw the country’s highest recorded producer price inflation.
This is the truth. This wasThe highest record-breaking level of inflation until now. October’s report is out and we’ve reached another record high, with producer price inflation rising to 8.6% year over year.
JUST IN – U.S. Producer Price inflation jumps 8.6% year over year in October, matching the largest increase on record.
— Disclose.tv (@disclosetv) November 9, 2021
The cost of consumers is directly affected by the producer price inflation. And things only get worse. The inflationary boom is likely to continue if the cost of raw materials increases do not stop.
It isn’t temporary, nor does it feel like something that will last forever as the Biden Administration has repeatedly claimed. Rather, it feels like the system is out of control, spurred by too much funny money being pumped into the system by a government that simply doesn’t care about how much it harms people. The Democrats just passed another trillion-dollar spending bill, which 13 Republicans did. This will only make it worse.
But hey, we’ve got Pete Buttigieg, whose failures as Transportation Secretary have exacerbated the supply chain crunch, riffing about racist bridges so do we really have anything to worry about?
This administration is a joke, and vindictive. Biden might approve Keystone XL, and put an end to the pause in federal oil and natural gas leases. This would provide relief for Americans. He won’t, though, because he simply doesn’t care. The “empathizer-in-chief” is not actually empathetic at all. Rather, Biden is a selfish, self-absorbed old man who would rather see people suffer so he can build a “legacy” as a transformational figure.
However, there’s a way out. Don’t vote for Democrats that have actively chosen to place the nation in such a precarious situation. It’s really not that difficult of a concept to grasp.