Top Economists Including Barack Obama’s Treasury Secretary Discover the Real Inflation Number Under Biden Reached 18% and Is Still Hovering at a 40-Year High

Gateway Pundit ^ | 12 Apr 2024 | Staff

[Glad2bnuts]

Shadowstats.com .... telling the truth for those who want to see it for quite a while now.

Inflation, unemployment etc. The govt cooks the books on everything.

[Red Badger]

“Who controls the past controls the future. Who controls the present controls the past.”
― George Orwell, 1984

“Every record has been destroyed or falsified, every book rewritten, every picture has been repainted, every statue and street building has been renamed, every date has been altered. And the process is continuing day by day and minute by minute. History has stopped. Nothing exists except an endless present in which the Party is always right.”
― George Orwell, 1984

[lepton]

https://www.forbes.com/sites/theapothecary/2024/03/23/summers-inflation-reached-18-in-2022-using-the-governments-previous-formula/?

[linMcHlp]

BTTT

[theyreallthesame]

Save your corrections for your school papers. Last I checked, I am afforded an opinion.

[Elsie]

Cute baby picture of Biden, growing up in Scranton...

[Elsie]

France invented the guillotine.

[Elsie]

France invented the guillotine.

[Political Junkie Too]

The full effect of inflation is more obvious when one looks at the raw CPI. This shows the cumulative effect of Biden's inflation since he took office.

See how flat the red trend is during President Trump's term, and how steep it gets during Biden's term (green)?

Biden's rate of change may be slowing down, but overall prices are way up since he took office.

Here is the chart for overall inflation. It's clear in this chart that even housing, oil, and gasoline inflation were normal during the Trump administration, but these economic sectors were even harder hit by Biden's inflation.

Red line: Inflation trend during Trump presidency.
Green line: Inflation trend during Biden presidency.

This is the chart for "core inflation" that excludes food and energy.

Red line: Inflation trend during Trump presidency.
Green line: Inflation trend during Biden presidency.

-PJ

[gitmo]

Carter is STILL the worst president of my lifetime - until all the TRUTH comes out on Brandon and his Socialist Democrat Cartel.

Carter didn’t open the gates for foreign invaders without even attempting to determine if they are enemy combatants.

[9YearLurker]

This needs to be spread far and wide.

[linMcHlp]

bttt

[Leep]

I don’t know anyone who actually hated Carter.
Most agree he was a awful President.
But as a person he was a decent if not misguided leader.
Not true of the corrupt demented pervert clownthey installed in 2020.

[Diana in Wisconsin]

Carter = Boat People from Cuba. Cuba emptied their prisons and mental institutions, put them on boats and sent them to the US.

I strung MILES of Concertina Wire all over Fort McCoy, WI where a lot of them were temporarily housed. A co-worker of mine was dumb enough to befriend one of them. He stabbed her to death in front of her young daughter.

So, Personally? Carter is ahead of Brandon right now, IMHO. As I said, Ill wait for all the data to be in on Brandon. For some reason he’s currently bulletproof. :(

[Texas resident]

I worked two jobs in 1978. I worked for a rent car company and at a gas station. My job was to sit in gas lines to keep the fleet full of gas. On odd/even days I would swap out license plates. At my gas station job, my boss would let me fill up my tank when ever I needed to. Sometimes I got gas for free.

[OKSooner]

Well, there's an easy answer to all of that. Wage and price controls by executive order.

Problem solved. See?

[Diana in Wisconsin]

I spent most of 1978 at Fort Jackson, SC. Basic Training, then AIT. No jobs, no gas, no future where I lived at the time under Carter.

[adorno]

Wage and price controls by executive order.

Might as well have said:

"We're from the government, and we're here to help".

When government is the problem, you don't solve problems with more government actions.

(BTW, I know you were jesting.)