Not to be deterred by such pesky inconveniences as a Supreme Court decision, immediately after the high court ruled the vaccine mandate was unconstitutional federal overreach – the White House told employers to enforce the vaccine mandate anyway.

White House Spokesperson Jennifer Psaki said the Biden administration would “not be deterred” by the Supreme Court decision, and all employers should immediately continue to “initiate vaccination requirements.”  WATCH:

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White House occupant Joe Biden attempted to pressure Senate Democrats to eliminate the filibuster in order to get the federal takeover of elections bill passed.  He was rejected.

Following the closed caucus meeting, Joe Biden went to the microphone and began yelling at the American people for not conforming to his dictates.  Joe Biden is an angry, unlikable and unstable man of intemperate disposition.  WATCH:

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Unfortunately, the upward trend is continuing unabated.  The “producer price index” is essentially the tracking of wholesale prices at three stages: Origination (commodity), Intermediate (processing), and then Final (to wholesale).  Today, the Bureau of Labor and Statistics (BLS) released December price data [Available Here] showing a dramatic 9.7% increase year-over-year in Final Demand products at the wholesale level.

I’m not going to beat this dead horse {Go Deep Here}, except to point out a few even larger warning signs that are evident.    Suffice to say, despite the spin likely from defenders of the White House occupant, the inflation impact is continuing exactly as we would expect.

The monthly price increase was 0.2% which would under normal circumstances give the impression that price pressure for the month was lower than previous.  However, there’s a key component clouding the problem.

As noted by the BLS, “A major factor in the December decrease in prices for final demand goods was the index for gasoline, which moved down 6.1 percent.” Gas prices momentarily dropped in the December capture of pricing; this has skewed the data considerably.  As a consequence, the energy costs measured in December looked like they dropped 3.3 percent.

You are well aware that gasoline has jumped back up in price in the past few weeks.  Additionally, total energy costs to you have not dropped at all.  In the background of this momentary skew, the costs of final demand goods after the energy impact rose .04% in December.

The momentary drop in gasoline and diesel fuel in December gives an artificial outcome in the data for all three stages.   Oil prices are back on the climb, and the prices of the goods and services overall to consumers have not reflected any decrease; factually they have increased even more.

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We have talked about this quite a bit. {Go Deep} I’m not sure how this attempted needle threading is going to work out in the longer term. The announcement has come as a surprise to the Canadian trucking industry.

Apparently fearing the economic consequences, the Canadian government has dropped the vaccination requirement for Canadian truck drivers, and instructed border officials to permit unvaccinated Canadian truckers to cross the border.

The vaccine mandate for cross border truckers was scheduled to begin in a few days, January 15th.  However, the Canadian vaccination rule for U.S. truckers will remain in place.

MONTREAL — The federal government is backing down from its vaccine mandate for Canadian truckers three days before it was set to take effect.  Ottawa announced in mid-November that truck drivers crossing into Canada would need to be fully vaccinated by this Saturday.

But on Wednesday evening Canada Border Services Agency spokeswoman Rebecca Purdy told The Canadian Press that Canadian big-riggers will not have to quarantine if they are unvaccinated or have received only one dose.

[…] The new rule will still take effect for American truckers, who will be turned away at the border unless they’ve been inoculated starting this weekend. (read more)

How the hell can Canada justify dropping the vaxx mandate for Canadian truck drivers, but not for U.S. inbound shipments?  Are they preparing for a massive amount of rig switching at the border?   Good grief, what a mess.

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A Quinnipiac poll released today [DATA HERE] shows just how far Joe Biden has fallen in the eyes of most Americans.  Of particular note inside the data is how Hispanics and Latinos view the Biden policies as complete failures.

Among adults overall, Americans give negative scores on the following issues when asked about Biden’s handling of…

• The economy: 34 percent approve, while 57 percent disapprove;
• Foreign policy: 35 percent approve, while 54 percent disapprove;
• The response to the coronavirus: 39 percent approve, while 55 percent disapprove.

(See Full Poll Results Here)

The Bureau of Labor Statistics (BLS) released the December inflation data today [DATA HERE] for December.  Readers on these pages are not surprised to discover that inflation in the U.S. economy has now reached a forty year high at 7 percent.  {Go Deep}

Unfortunately, the 7% in June of 1982 was when inflation was on the way down from Jimmy Carter’s failed economic policy.  This time our 7% milestone has been achieved while inflation is on the climb thanks to Joe Biden’s failed economic policies.

Carter’s mess was created by regulation, policies and oil prices.  Biden’s mess is created by the same and much more.

Yes, it will be getting worse.

That weird picture with the Bidens and the Carters comes to mind.  The scale within the picture is appropriate when considering inflation and what is to come.  Biden’s inflation is much larger than Carter’s.

As you know, the top line number of 7% is a false premise.  We are feeling much, much higher overall prices in our lives with gasoline, home heating fuel, electricity costs, housing and the astronomical prices at the grocery store.  The BLS data is backward looking, meaning it was compiled in early December 2021 for comparison to December 2020.  Where we are CURRENTLY is much worse than where we were in early December.

We are feeling the front side of the inflation hurricane right now. The consumer prices at end of January and through February are now reflecting new purchase order prices and contract prices to wholesalers, buyers and retailers.  The higher energy costs, fuel costs, warehousing costs, transportation costs and delivery costs are cumulative. As a result, the December report is simply the precursor to what will be much more damaging inflation data in Feb (showing this month) and March (showing Feb).

Additionally, the BLS data captured gas prices at their slight drop from oil prices in late November and early December.  The price of oil has now gone even higher, and the price of gasoline is once again on the rise.  We have not yet seen the worst of this folks.  Hopefully most are prepared.

I modified BLS Table-1, taking out some of the noise, to give the snapshot of how the bureau is compiling data:

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The snowball effect of cumulative inflation is going to be on display tomorrow when the BLS inflation data from December is released.  We have previously discussed the unavoidable price increases as noted within the November data Here, and within the producer price data Here.

While the data being released tomorrow is backward looking, we are in the eye of the inflation storm right now.  The consumer prices at end of January and through February are all reflecting new purchase order prices and contract prices to wholesalers, buyers and retailers.   As a result, the December reports will be the precursor to what will be much more damaging data in Feb and March.

White House spokesperson Jen Psaki began trying to get ahead of the consumer price release with a short briefing to the traveling press pool earlier today.  A short audio-only soundbite reflects the political problem the White House knows they will soon be dealing with. LISTEN:

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It is difficult to imagine how the Biden administration can possibly spin the economic reality of increasing, unavoidable inflation making the economy weaker over the next year.  However, somehow, they will try.

The AP is reporting that 68% of Americans now say the economy overall is their number one concern.  Meanwhile, the federal reserve of New York is reporting the inflation results from December are likely to be the same, if not higher, than the inflation results in November.

The Biden administration has continued to push additional federal spending under the auspices of Build Back Better as the bridge to offset the impact from their Green New Deal energy policies.  In fact, if you look at how the massive spending effort has been shaped, it becomes clear the overall goal is to push a new energy policy and then hide the impact by using COVID as the cover for the subsidies to try and offset the impacts.

It is a sneaky program when reviewed in totality.  Shut down oil and natural gas production, cancel leases, block pipelines and use the regulatory arm to shut down any additional growth in the oil and gas industry, including refinery capacity.  Then, try to hide the consequences by subsidizing the core constituencies who would normally be immediately impacted.

Unfortunately for the Biden architects, no amount of legislative spending is going to be able to offset the massive economic impact of implementing the Green New Deal by executive order, regulatory changes and administrative policy.  The American people are not blind to consequences, and when they start to look deeper into the causes of this inflation, what they discover is easy to see.

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Neil Oliver goes there, directly to the epicenter of “build back better.”   In this monologue not only does Oliver highlight the connective tissue and motives of the elite, but he also references their words to point out the bigger leftist agenda at work.  WATCH:

Point One – The “Build Back Better” agenda (in every nation) was never about anything except radical climate change legislation.  Once you accept that baseline, things start to become much clearer.

Point Two – The “Build Back Better” phrase came from the World Economic Forum and was promoted by a multitude of international leaders and left-wing organizations.   That reality then brings up the most important point.  To get to “building back better”, you first need to destroy something.  That thing they needed to destroy was the global economic dependency on carbon-based fuel supplies (oil, gas, coal, etc.).

Point Three – In order to destroy the ‘something of that scale’, the energy program for the entire world, something massive is needed to fundamentally change the entire world approach toward energy production.  Something is needed to create the crisis that provides the origin for the process to initiate.

Point Four – That triggering mechanism was/is SARS-CoV-2, or what we now call COVID-19 and all variants therein.

There you have it.  That’s the summary soup to nuts explanation of why a virus was created, and the subsequent panic pushing to create social structures that would facilitate the global acceptance of an entire new economic system that would be designed around saving the planet.

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The people behind Joe Biden rushed him to the microphones today to proclaim the success of his economic policy.   Biden read from their prepared script for almost fifteen minutes [VIDEO HERE], then told the assembled press pool that “COVID was here to stay”, but not really “here to stay”, but his policies, rules and regulations that are driven by COVID are “here to stay.”

Did anyone else catch that?

Whiskey – Tango – Foxtrot… he said the quiet part out loud.

In essence, what Biden was saying was that even when the virus is no longer being a daily driver of government policy, the policies themselves will never go away.  Just like the Patriot Act, under the guise of anti-terrorism created the permanent security state, so too is COVID-19 creating the permanent government control state under the guise of public health.

As if that isn’t alarming enough, what the White House occupant outlined regarding the economy just has to be watched or read [Transcript Here] to be believed.  The most eye-opening part of his comments is that he really believes this stuff they tell him to say. So, obviously the people typing the words into the teleprompter either: (a) believe it themselves; or (b) more likely, know what they are doing is going to end up with the total collapse of the U.S. economic system, and that’s okay because the guy reading it is disposable for their plan.  I believe the latter is accurate.

Take a look at one metaphor Biden read from his teleprompter to see exactly how insane these policies are when said out loud.  Keep in mind, this is a direct quote from the transcript as he read it (emphasis mine):

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