Article

2022-10-14 Economy

Consumer Prices Surge Higher Than Expected, Up 8.2%

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Posted by Skidmark 2022-10-14 00:00|| || Front Page|| [2 views ] Top

#1 Social Security recipients to see biggest COLA increase since 1981 (+8.7%)

Posted by Skidmark 2022-10-13 10:44|| 2022-10-13 10:44|| Front Page Top

#2 I got news for you, it's higher than 8.2% where I am.

Posted by Vespasian Ebboting9735 2022-10-14 07:18|| 2022-10-14 07:18|| Front Page Top

'Needs Based' rationing is just around the corner. Your cash is not good here (or anyplace else for that matter). The government will decide who eats and who does not.

Posted by Besoeker 2022-10-14 07:27|| 2022-10-14 07:27|| Front Page Top

#4 even without the Biden Admin actions on energy and the Biden era mega spending bills we would be having some inflation

because of the supply chain issues, the Trump era mega spending (the CARES Act - was $2.2 Trillion) and the recovery from the worst of the pandemic

but I think the inflation would only be about half of what we have now

Posted by Lord Garth 2022-10-14 07:58|| 2022-10-14 07:58|| Front Page Top

#5 LG,
There is a direct relationship between oil price and inflation. Biden caused the worst of this by creating a shortage of carbon energy. And it's going to get worse.

Posted by Vespasian Ebboting9735 2022-10-14 08:13|| 2022-10-14 08:13|| Front Page Top

#6 Id bet this is under reported too. There is an election soon

Posted by BrerRabbit 2022-10-14 16:31|| 2022-10-14 16:31|| Front Page Top

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