The Bureau of Labor Statistics highlights some alarming inflation numbers today [Link Here] that are unfortunately, not unexpected…. unless you are a liberally trained economist (most of them) and so the results are surprisingly “unexpected”.    But the actual JoeBama-nomic policy is even worse because wages increased less than inflation increased, so real wages (actual purchasing power) decreased.  That spells trouble, Trouble.

Middle-class wage earners already know this problem; you are seeing it at the gas pumps and at the grocery store.  Fuel prices are rapidly increasing and the amount of inflation in the ‘at home’ food industry (grocery store) is even more concerning.

Let me first walk through the data and then provide some forward analysis with tips to help you offset what is about to hit.

First, it is important to know that BLS price survey data lags actual prices as felt today.  The prices you are seeing today/tommorrow at the store and gas pump will not show up in the rolled-up data for over a month….  So the data released today is unfortunately far behind what you are witnessing in real time.

Gas prices rose last month by 9.1%.  The year-over-year inflation number is an alarming 2.6 percent last month.  Keep in mind that retail grocery prices are not in the inflation number, and they generally follow the same price index as fuel; so it is safe to say monthly grocery store price increases are in the 8 to 10 percent range.

Part of the reason gas and food track together is fuel and energy prices are the #2 cost within the food sector.  With packaging prices increasing; with fuel prices and distribution costs increasing; with energy prices increasing; all costs associated with food production, processing, delivery, warehousing and distribution, all end up in the final price at the grocery store.

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This is a specific example that needs to be drilled down quickly so that people with only a cursory interest in politics can understand how it impacts them.  Biden’s $1400 stimulus checks are useless, literally wiped-out, when compared with the increase in gasoline prices already in place as part of the Biden energy policy.

Gas prices have already jumped $1/gal in most areas as a result of Biden killing the oil production energy sector.  Factor in the increased transportation costs for goods and services, including the costs associated with deliveries of home meals, Uber rides, products delivered, airline charges; and the gas price increase hits the family checkbook far beyond the $1400 provided for stimulus.

Add to that charge and the increases in electricity prices, together with the increase in product costs that are based on petroleum (rubber, plastics, containers etc), and you can see how the increased cost of Biden’s ridiculous energy policy hits families even harder.  But wait…. it gets worse…. If that were already not enough of a problem, Biden is now proposing a mileage tax on top of a gasoline tax increase that will hit the middle class much harder. [SEE Video at 01:30]

The middle-class commutes to work much more than all other sectors.  Any increase in gas prices, gasoline taxes or mileage taxes hits the blue-collar worker at a disproportionate rate.  A proposal to install a mileage tax does nothing but add another cost onto the American middle-class.

This is an issue of leftist policy, as the far-left now move to push their climate change agenda and simultaneously push federal infrastructure spending.  Of course, in order to keep advancing their severe leftist agenda, the democrats have to pretend not to know things.

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Former U.S. Ambassador to Germany and Acting Director of National Intelligence, Richard ‘Ric’ Grenell, discusses the ideological flaws within the JoeBama foreign policy as it is being rolled out and our adversaries are laughing.   The interview begins with a discussion of the embarrassing U.S-China summit in Alaska, where Chinese officials dressed-down U.S. Secretary of State Tony Blinken.

As Grenell notes the policies of many ideologically aligned leftist nations (ie. Germany, South Korea) are in conflict with their ‘western’ values as expressed.  This has been evident for decades.

The example of Germany contracting with Russia for natural gas (Nordstream II pipeline), while not fulfilling their NATO funding commitments, is just one aspect.  South Korea presents a similar ideological hypocrisy regarding China/DPRK.  Angela Merkel and Moon Jae-In are not coincidentally aligned with Obama’s leftist world-view.

https://youtu.be/IkZVV6IPEWs

ANALYSIS – The Obama foreign policy doctrine was fraught with ideological hypocrisy as a feature not a flaw.  Claim a desire for mid-east peace, set the middle-east on fire with the Arab Spring (Obama Cairo speech).  Claim a desire for middle-class workers, yet facilitate corporate offshoring.  Claim a desire for Israeli security yet attack Egyptian President Fattah al-Sisi for creating Israeli security.  Accept a Nobel Peace Prize, set Libya on fire and kill thousands.  Accept a Nobel Peace Prize, then attack Syria.  Hypocrisy, hypocrisy, hypocrisy.

Champion women’s’ causes on stage, yet embrace Turkey and the Muslim Brotherhood who devalue women.  Claim to support democratic elections, then undermine the majority election outcome of the British vote in Brexit.  Everything, every – single – thing, about the Obama foreign policy was an exercise in hypocrisy.  There were ZERO foreign policy successes, NONE.  What we are seeing now is the same thing with Biden, because it is an extension of Obama’s third term.  Hence, JoeBama.

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The United Auto Workers are angered about a decision by Ford to move production of a new electric vehicle from Avon Lake, Ohio, into Mexico.  Ford previously agreed to spend $900 million on a new product line for the Ohio plant; however, according to the UAW the location has shifted.

One way of looking at this change in direction from Ford relates to the cost of producing electric vehicles.  First, it is far less expensive in Mexico (labor, environmental regulation, energy costs, etc); secondly, an outlook the new Biden administration will not strongly enforce USMCA compliance measures against U.S. multinational firms.

The UAW supported Joe Biden, but his policies will likely undermine their workers.  Unfortunately, this was all too predictable.   Partly because Biden-Harris owe Wall Street too much, and the multinationals are once again in control over the U.S. economy.

(Via Reuters) […]  The UAW said Ford in 2019 as part of its four-year contract agreement had committed $900 million for the plant in Avon Lake, Ohio, including a next-generation product to be added in 2023, which the UAW letter said would secure the plant’s “employment well into the foreseeable future.”

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Following in the footsteps of Mitch McConnell, Decepticon Senator John Barrasso vows to support DeceptiCon Senator Lisa Murkowski (U-DC, via Alaska) if she seeks re-election.

Murkowski voted to impeach President Trump and Trump has vowed to campaign against Murkowski in the 2022 GOP primary.

WASHINGTON DC – Sen. John Barrasso said Sunday he’d back Alaska Sen. Lisa Murkowski for reelection, breaking with former President Donald Trump not long after he vowed to campaign against her.

“I want to always make sure we nominate somebody who can win in November,” Barrasso, the No. 3 Senate Republican, said on NBC’s “Meet The Press” of the 2022 midterm elections. “Lisa Murkowski knows Alaska better than anybody, and she’s an incredible fighter for American energy.” The Wyoming Republican cautioned that Murkowski — who has held her seat since 2002 — has not officially declared she would seek another term, but “if she does, I’m going to support her.”

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When President Obama was in office gas prices soared to more than $5/gal.  When President Trump took office he unleashed the energy sector and we became energy independent for the first time driving gas prices down.  Now reports of the current JoeBama policy impact show gas prices likely to top $4.00/gal next year.

WASHINGTON – […] Since Election Day, gas and crude oil prices have jumped. In the United States, gas prices are up 18% and oil nearly 50%.

Said another industry expert, “In four years, we had made the U.S. energy independent and denied the bad guys the ability to control global oil prices. The Democrats undo it in two weeks. Just incredible.”

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Despite the majority of American’s being happy about the U.S. energy independence created by President Trump, it is adverse to the interests of Wall Street and Big Government to lose justification for U.S. troops in the middle-east.

Remember, the vast majority of money into the bank accounts of politicians, their families and bureaucrats within the Deep State, comes from foreign governments.

From their DC perspective: all systems/processes that increase U.S. global influence are good; any policies/processes that reduce U.S. global influence are bad.

Rasmussen – “On his first day in the White House, President Joe Biden signed an executive order blocking further construction on the Keystone XL Pipeline project. Most voters disagree with Biden’s decision.

A new Rasmussen Reports national telephone and online survey finds that only 36% of Likely U.S. Voters think it is a good idea to cancel the Keystone XL Pipeline that would transport oil from Canada to the U.S. Fifty-one percent (51%) of voters say canceling the pipeline is a bad idea, and 13% are not sure. (To see survey question wording, click here.)”  [source]

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President JoeBama’s White House Press Secretary holds a press conference to discuss the first day executive orders targeted to destroy the American energy sector and damage the domestic economy in favor of multinational corporations, political donors, K-Street and Wall Street connected interests.  [Summary List Below VIDEO]

Additionally the White House justifies the JoeBama open border program, rejoined the Paris Agreement, canceled Keystone XL, ceased withdrawal from the WHO, required non-citizens to be included in the Census, reversed the Muslim ban, AND added LGBTQ employment discrimination protection.

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For well over a decade CTH has battled the outlook of the intellectual conservatives who pontificate from high-brow perches in/around their beltway interests. Indeed, the fallacy of their outlook is entirely why CTH exists as a gathering place for common sense, actual truth and discovery of political purposes, cutting through the guise of ‘The UniParty’.

That said, this tweet is representative of their current NRO-minded status:

Allow me to retort… from the common sense perspective.

The Biden campaign has not hidden their goals and aspirations. These are not stupid people.  They are scheming, conniving, ever-planning, ever-manipulating & Machiavellian members within the political system, lusting for power, influence and cocktail party affluence.

The Biden “agenda” per se’, has nothing whatsoever to do with a legislative roadmap. Their larger objective is to use the power of the executive to rule over the proles by working around the commonly known “representatives” of government.  If you doubt that approach remind yourself that 2009 Obamacare was opposed by 76% of the electorate.

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The ISM manufacturing survey was released today showing exceptional economic news on the manufacturing front. New orders for manufactured goods jumped to their highest level in 17 years and were 3.4 percent higher than pre-pandemic levels. That data matches our earlier ground reports from across the nation.

The manufacturing sector inventories are low, that means this cycle of replenishment will continue for some time. Orders for customer goods continues to drive expansion, investment and operational increases in productivity.  That customer demand drives the need for increased hiring in manufacturing…. that demand drives wages… and so the middle-class is again on track for a fantastic rebound.  That’s MAGAnomics.

WASHINGTON (Reuters) – U.S. manufacturing activity accelerated more than expected in October, with new orders jumping to their highest level in nearly 17 years amid a shift in spending toward goods like motor vehicles and food as the COVID-19 pandemic drags on.

However, the media once again cannot bring themselves to cheer on a stunning economic recovery. Instead take a look at how Reuters frames their narrative:

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