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Inflation Really at 13.2%, Not 7.1% as MSM Asserts

Discussion in 'News & Current Events' started by Aaron, Dec 17, 2022.

  1. Aaron

    Aaron Member
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    Bidenflation, At 13.2%, Continues To Hurt Americans

    True, the Consumer Price Index (CPI) released by the government last Thursday showed a 7.1% year-over-year price increase from November 2021 to November 2022, edging down from a rate of 7.7% in October. The CPI has declined steadily from a 40-year high of 9.1% in June to 7.1% in November.

    Intriguingly, no media outlet bothered to inform its readers or viewers that the prices have increased by 13.2% under President Biden's watch between February 2021 and November 2022.

    The simple calculations don't need a rocket scientist. But no one is curious to make that. The mainstream media would rather play defense for the White House and pretend that its policies are working.

    ...

    Bidenflation, measured by the TIPP CPI using the same underlying data, stood at 13.2% in November. It was 13.2 in October, 12.8% in September, and 12.6% in August.

    ...

    Food prices increased by 16.4% under President Biden's watch compared to only 10.6% as per BLS CPI, a difference of 5.8 points.

    Energy prices increased 37.4% per TIPP CPI compared to 13.1% according to BLS CPI, a difference of 24.3-points.

    ...

    Used car prices have risen by 28.8% during President Biden's term. The BLS CPI shows that the prices have dropped by 3.3%, a difference of 32.2 points.
     
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