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Bidenflation: Consumer Prices Surge 7%, Worst Since 1982


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Things are really bad when the Treasury is paying 7.12% interest for savings bonds…really.


"U.S. inflation rose to the highest level in nearly forty years in December, underscoring the high and rising inflation that has been the hallmark of the first year of Joe Biden’s presidency."


"The Labor Department said the Consumer Price Index—which tracks what consumers pay for goods and services—rose by seven percent from a year ago. That was the fastest 12-month pace since 1982 and the seventh straight month of inflation above 5 percent. In November, CPI was up 6.9 percent."


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9 hours ago, Ricordo said:

“In politics we presume that everyone who knows how to get votes knows how to administer a city or a state. When we are ill... we do not ask for the handsomest physician, or the most eloquent one.”

Most people that run for office are a bunch of narcissistic, blow hard, A holes. That doesn't make them qualified.

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And even when they KNOW what the right thing to do is for the long-term good of the area they administer or the constituency they represent... they respond to short-term incentives (like getting re-elected), regardless  of the long term consequences of the program the voters (who also can't seem to manage how to think beyond their personal short-term interests, but HEY THEY STILL VOTE) think they want.

The older I get, the more I think our system needs some serious tweaks...  

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