Thursday, October 31, 2024

Oops—Inflation Rises ‘More Than Expected.’ How Will Kamala Spin This One?

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If you’re a fan of inflation, vote for Kamala Harris because you’ll get plenty more of it if she takes power.

As we all know, prices have shot through the roof under the Harris-Biden regime, and no amount of good economic news can take away the fact that virtually all of us feel poorer than we did four years ago. They can screech about Bidenomics all they want and tell voters we’re too stupid to realize how great things are, but a trip to the grocery store brings reality home to all but the ultra-wealthy.

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As much as Kamala would like it to go away so she’d finally have something other than hate to campaign on, inflation is a pesky little beast—especially when you blow trillions on green scams disguised as an “Inflation Reduction Act” (tie-breaking vote: Kamala Harris).

Once again, it’s raised its ugly head:

The Federal Reserve’s preferred measure of underlying inflation posted its biggest monthly gain since April — bolstering the case for slower rate cuts less than a week ahead of the central bank’s meeting to decide its next moves.

The core personal consumption expenditures price index (PCE), which excludes volatile food and energy prices, rose 2.7% in September versus a year earlier.

That was ahead of economists’ forecast for a 2.6% increase and up 0.3% from August, representing a larger monthly gain than the month before.

Oops. Can’t wait to see how they’re going to spin this.

The Trump campaign responded immediately, slamming the administration for their ineptitude in a Thursday campaign email:

Kamala destroyed the American economy. President Trump will fix it

More bad news for Americans: inflation rose by 2.7%. This is the largest increase in inflation since April. 

Kamala’s economic policies have DESTROYED the economy. Crushing inflation has devastated American families and workers. Many people now struggle to put food on the table and pay their bills. We have to put an end to this economic nightmare. 

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The Biden-Harris legacy:

JD Vance on Kamala Harris’ Inflation Policy: ‘Like Giving Jeffrey Epstein Control Over Human Trafficking’

Kamala Harris Says She’d Bring Prices Down As President, Internet Just Laughs

No Inflation Blues? American Families Beg to Differ


There are so many problems emanating from this failed administration—a broken border, out-of-control crime, weakness overseas etc., etc.—but I would argue that inflation is one of the worst things they’ve brought down on us. Mature adults are feeling the pinch and cutting way back on their expenses while our nation’s young people are entering a world that they can barely afford—even with a decent job—and they have virtually no hope of buying a home. 

It’s a sad situation we’re sending them into, and we know who’s to blame: Kamala Harris and Joe Biden. Trump should remind voters of that every single day there is left in this election.

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In our public discourse around inflation, the focus is always on present CPI data, but the past still haunts many of us 

Things got REALLY expensive over the last 4 years.  And they’re still getting more expensive today.  Just at a slower rate.   

It’s real, and all Americans feel it

This post was originally published on this site

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