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Interesting……another indicator that the democrats are headed for a shellacking in 2022
Biden’s America…. Key inflation indicator posts biggest year-over-year gain in nearly three decades
The May core personal consumption expenditures price index, an important inflation gauge for policymakers, rose 3.4% from a year ago, in line with Wall Street estimates.
That was the biggest increase since 1992 and reflective of ongoing price pressures.
Consumer spending was flat for the month, missing expectations, while personal income declined 2%, less than the expected 2.7% drop.
To quote James Carville, Bill Clinton strategist in 1992 presidential election campaign “It's the economy, stupid”
Who will deliver fiscal sanity? Neither team. It just needs a good collapse and that includes the criminal federal reserve who is the real enabler here.
Interesting……another indicator that the democrats are headed for a shellacking in 2022
Biden’s America…. Key inflation indicator posts biggest year-over-year gain in nearly three decades
The May core personal consumption expenditures price index, an important inflation gauge for policymakers, rose 3.4% from a year ago, in line with Wall Street estimates.
That was the biggest increase since 1992 and reflective of ongoing price pressures.
Consumer spending was flat for the month, missing expectations, while personal income declined 2%, less than the expected 2.7% drop.
To quote James Carville, Bill Clinton strategist in 1992 presidential election campaign “It's the economy, stupid”
Year over year comparisons with the Trump Depression of 2020 are meaningless. Things are looking good. The Biden Boom is right on schedule. S&P set a new record today!
So when Trump does it, it has no effect but when Biden does it, it does? Look at the new boss, same as the old boss.
psst It's the Progressives in congress who grow government and inflate the money supply.
I agree that Trump contributed, but Biden is proposing far more spending and saying it is crazy Republicans don't want to spend more. Biden is accelerating it more.
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