Thursday, January 16, 2025

Another 1,000 Cuts of BidenOmics!

He did everything he could to destroy the United States.  And he's not done.

The overall Consumer Price Index rose by 0.39% (+4.8% annualized) in December from November, the sharpest increase since February 2024. It has been accelerating since the low point in June (blue).

The three-month CPI, which irons out some of the month-to-month squiggles. jumped by 3.9% annualized, the sharpest increase since April, and the fifth month-to-month acceleration in a row....

And you DID notice:

... Food price inflation, after a lull at very high levels, has been accelerating for months and now started to push the year-over-year needle higher. Energy prices surged for the month, which whittled down the year-over-year drop to just a hair. Used vehicle prices, which had plunged off the historic spike, jumped in December for the fourth month in a row, a sign that the plunge has ended, and further whittled down the erstwhile double-digit year-over-year plunge. New-vehicle prices also jumped for the second month in a row...

Eating, heating your home, using lightbulbs, and purchasing ANY car.......

Like we said yesterday, Biden lived for four years too many.

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