As expected the high-turn consumable goods are starting to rise in price rapidly. The Bureau of Labor and Statistics (BLS) has released the consumer price analysis from April (remember there’s a big lag) [Top Line Data Here – Detailed Sector Data Here] The trend is rapid inflation continuing with no end in sight. CORE inflation just jumped the most since 1982.
Overall prices are up 4.2 percent year-over-year, which is three times the rate of inflation under Joe Biden than under President Trump. Inflation hurts the lower and middle economic class much harder; and the specific inflation sectors show massive increases on the goods and services that blue collar workers use most.
It is specifically the Biden economic policies that are to blame for the scale of these increased prices. Inflation of this scale is an outcome of policy.
Biden is focused on helping multinationals and Wall Street; President Trump was focused on helping small businesses and Main Street. We are now seeing the impact from these two differing economic priorities.
Regular unleaded gasoline is up a whooping 51.9 percent from last year [Table 7]. Higher gas prices directly hit the middle class the hardest and also increases the cost of transporting all goods. Keep in mind this is a snapshot of prices approximately six weeks ago and gasoline prices have been rising even more rapidly recently. Not good news.
The status of the economy, the employment picture and the stimulus money shows up in the cost of used vehicles rising over 22% last month and 21% compared to last year. People are holding on to their vehicles and when able purchasing newer used vehicles, reflected in the lower inflation on new cars and trucks (2%). Paycheck and wage security is becoming an issue again, especially with the cost of gasoline and food.
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“This is no small thing, to restore a republic after it has fallen into corruption. I have studied history for years and I cannot recall it ever happening. It may be that our task is impossible. Yet, if we do not try then how will we know it can’t be done? And if we do not try, it most certainly won’t be done. The Founders’ Republic, and the larger war for western civilization, will be lost.”
Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but DELIVER US FROM EVIL.
If the establishment DeceptiCons leave the party, and create a new party for rodents and rinos, there will be no need for a MAGA party to initiate. At that point the state level RNC embeds will have an opportunity to leave their entrenched status and go into the DeceptiCon party.
PRESIDENT TRUMP