Try to spin this, Joe: Inflation soars to highest level in 40 YEARS as 'Bidenflation' sees prices jump 6.8% in biggest rise since Reagan admin after White House had secret meetings with journalists begging for better press on economy
• Overall consumer prices rose 6.8% in November from a year ago, the biggest annual gain since 1982
• Consumer price index jumped 0.8% on the month, down slightly from October's gain of 0.9%
• 'Inflation is going to get worse before it gets better,' one analyst warns as supply chain crisis continues
• Soaring inflation has become a political liability for Biden, who is urging journalists to be more favourable
• Administration officials have been holding secret briefings pleading for better coverage on the economy
By KEITH GRIFFITH FOR DAILYMAIL.COM and WIRES

PUBLISHED: 13:43, 10 December 2021 | UPDATED: 15:42, 10 December 2021



The US inflation rate has hit its highest level in nearly 40 years, adding woes for consumers and compounding the issue as a political liability for President Joe Biden.

The consumer price index rose 0.8 percent last month after surging 0.9 percent in October, the Labour Department said on Friday.

It pushed annual inflation to 6.8 percent in November, the highest increase since June 1982 and well above October's 6.2 percent annual rate.

Brexxit:


Lol. Clown olaadegbu.

You have crawled out from your hole after the shameful exit of your boss.

OLAADEGBU:


Read all about it here

Brexxit:

The current inflation is no fault of Biden,it's due to the current supply chain crisis as a result of reopening of the economy coupled with high demand from consumers.

You will not read and understand,you only know how to peddle baseless conspiracy theories.

Olaadegbu the fake pastor.

Brexxit:

The current inflation is no fault of Biden,it's due to the current supply chain crisis as a result of reopening of the economy coupled with high demand from consumers.

You will not read and understand,you only know how to peddle baseless conspiracy theories.

Olaadegbu the fake pastor.

JeffreyJunior:
You are right but don't forget the too many benefits the government currently gives to lazy assholes who don't wanna work like every other person.

Right now, there are more money in the hands of non working Americans than in the hands of working ones.

Don't also forget the high tax rate for the rich. When you tax the rich, they move the responsibility to the poor which is why prices of goods are rising.

Business owners will naturally create fake scarcity to increase the prices of their goods and recover the high taxes government imposed on them but Biden believes he is helping the poor not knowing he is killing them the more.

Brexxit:

The current inflation is no fault of Biden,it's due to the current supply chain crisis as a result of reopening of the economy coupled with high demand from consumers.

You will not read and understand,you only know how to peddle baseless conspiracy theories.

OLAADEGBU:


Read More

JeffreyJunior:
You are right but don't forget the too many benefits the government currently gives to lazy assholes who don't wanna work like every other person.

Right now, there are more money in the hands of non working Americans than in the hands of working ones.

Don't also forget the high tax rate for the rich. When you tax the rich, they move the responsibility to the poor which is why prices of goods are rising.

Business owners will naturally create fake scarcity to increase the prices of their goods and recover the high taxes government imposed on them but Biden believes he is helping the poor not knowing he is killing them the more.

sunboy:



You’re a clown indeed. How comes nobody’s talking about the economy’s recovery record breaking ? The job market? The unemployment?

You’re quick to pick what makes you feel better only …