The REAL BidenFlation

Every once in a while, I, too, forget about REAL Bidenflation and think in terms of 7.++% from '21 to '22.

But that doesn't paint the real picture, does it?

Buck Throckmorton does.

...Let’s pretend for a moment that the government’s fraudulently understated inflation numbers are even legitimate.

The official inflation figure for November 2021 was 6.8% annual inflation, thus a $100 basket of groceries in Nov 2020 had increased in cost to $106.80 by November 2021. One year later in November 2022, at the 7.1% inflation rate we’re all excited about, that basket of groceries now costs $114.38, which is over 14% higher than just two years ago.

Here’s the comical part, had the inflation rate been 7.3% as per expectations rather than the “pressure easing” rate of 7.1%, that basket of groceries would have cost $114.60, or 22 cents more.

I’d tell you to enjoy your 22 cent savings, but your basket of groceries is still $7.58 higher than it was a year ago, and $14.38 higher in just two years....

Oh yah!!  Two years of this Democrat water torture, not just one.

So how're you doing on that 14+% raise??