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2022-04-12 Economy
Psaki: Inflation Report Will Be Bad, Please Blame Putin
[Victory Girls] White House press secretary Jen Psaki must know the inflation numbers are going to be catastrophically bad.

If they weren’t going to be bad, then Psaki (who must be marking time with daily margaritas until she can leave for her own MSNBC show) wouldn’t have mentioned the upcoming report on consumer inflation.
The Bureau of Labor Statistics on Tuesday will issue its March update to the consumer price index, or CPI. The CPI is the department’s tool for measuring inflation in a basket of goods and services that the average American would buy — ranging from eggs and milk to cell phones and unleaded gasoline."

Economists consider two versions of the CPI data: The headline print that includes all prices consumers face, and a so-called core CPI that excludes often volatile food and energy price fluctuations."

The White House says it anticipates a wider-than-normal disparity between the headline and core CPI readings because of an abnormal increase in gasoline prices that occurred in March. The price for a gallon of regular unleaded gasoline hit a record high of $4.33 on March 11, according to the American Automobile Association."

That price has since slid to $4.11 a gallon, according to AAA."
So, the report is going to be bad. Very, very bad. The kind of bad that’s going to test just where the floor is on Biden’s approval numbers. So Jen Psaki is trying to get ahead of just how bad these numbers will be by assigning the blame, pre-emptively.

Who is to blame? PUTIN, OF COURSE.
Posted by Besoeker 2022-04-12 06:10|| || Front Page|| [11144 views ]  Top

#1 $4.89 for diesel here yesterday.

Ah'm in a grocery buyer's loyalty club.
I get points for buying overpriced food which I can then apply for discounts to overpriced fuel. /nosarc
Posted by Skidmark 2022-04-12 08:10||   2022-04-12 08:10|| Front Page Top

#2 DOW continues to slump. I suspect we're headed toward a recession, or worse.
Posted by Besoeker 2022-04-12 08:13||   2022-04-12 08:13|| Front Page Top

#3 BREAKING NEWS: Inflation leaps to 41-year high of 8.5% hours after Jen Psaki sought to blame PUTIN's invasion of Ukraine for the jump
Posted by Skidmark 2022-04-12 08:45||   2022-04-12 08:45|| Front Page Top

#4 Just read yesterday a poll of Americans said they expected inflation to go to 6.6%

Bidet said his administration was overachieving.
Posted by M. Murcek 2022-04-12 08:49||   2022-04-12 08:49|| Front Page Top

#5 Just read yesterday

Guess it did, for a moment.
Posted by Skidmark 2022-04-12 08:58||   2022-04-12 08:58|| Front Page Top

#6 Can you say, RECESSION? I knew you could!
😛
Posted by Bill Whans8276 2022-04-12 11:04||   2022-04-12 11:04|| Front Page Top

#7 crude is up 6% as of recent trading
Posted by Lord Garth 2022-04-12 11:43||   2022-04-12 11:43|| Front Page Top

#8 Coal is up 6% today. I'm lovin' it!
❤️
Posted by Bill Whans8276 2022-04-12 11:55||   2022-04-12 11:55|| Front Page Top

#9 Beginning to feel a lot like 1975. Accelerating inflation and tepid, ineffective measures against it.

The longer we wait to rein in infation, the worse the cure will be. See 1979-82.
Posted by Tom 2022-04-12 15:59||   2022-04-12 15:59|| Front Page Top

#10 A bird just crap on biden


Posted by Camillo Benso Cavour 2022-04-12 19:54||   2022-04-12 19:54|| Front Page Top

#11 https://www.thegatewaypundit.com/2022/04/bird-just-sht-biden-talking-inflation-iowa-video/
Posted by Camillo Benso Cavour 2022-04-12 19:54||   2022-04-12 19:54|| Front Page Top

#12 keep fapping, troll
Posted by Frank G 2022-04-12 21:11||   2022-04-12 21:11|| Front Page Top

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