“Blackouts, unaffordable electricity bills, tax hikes, entire American industries and jobs destroyed, no hope to cure diseases, long lines of the sick begging the government for lifesaving treatments, and weak American defenses against our adversaries like China and Russia."
Tag: producer inflation
"his bill is about power and control. It is about solidifying union bosses’ stranglehold on workers, upending individual's rights in favor of government control, stifling innovation, and stealing money from blue-collar workers to pay for white-collar educations. Democrats aren’t Building Back Better, they’re Building Back Bankrupt."
“The PPI is often seen as a leading indicator of what is to come, and today’s high reading indicates inflation is much higher than the Fed’s longtime target inflation rate of about 2 percent. High inflation is bad news for the near future."
8.3% is the highest such inflation number ever recorded since the metric began...this beats the previous record of 7.8% set last month. It’s clear that, unlike what President Biden says, the rise in inflation is absolutely not transitory.