Name:	phil -	Reply
Subject:	"Inflation Reduction Act"
Date:	10/12/2022 2:34:25 PM

• Fresh and dried vegetables: up 15.7 percent for the month and 40.2 percent for the year.
• Grains: up 10.7 percent for the month and 30.4 percent for the year.
• Fresh eggs: up 16.7 percent for the month and 97.3 percent for the year.
• Bakery products: up 0.8 percent for the month and 14.0 percent for the year.
• Pasta: up 1.1 percent for the month and 34.1 percent for the year.
• Finfish and shellfish: up 2.5 percent for the month and 2.9 percent for the year.
• Processed fruits and vegetables: up 2.6 percent for the month and 16.0 percent for the year.
• Dairy products: down 1.6 percent for the month but up 18.2 percent for the year.
• Soft drinks: up 1.9 percent for the month but up 15.8 percent for the year.
• Pork: up 5.5 percent for the month but down 2.0 percent for the year.
• Fresh fruits and melons: down 1.2 percent for the month but up 20.7 percent for the year.
• Turkey: up 0.5 percent for the month and 38.2 percent for the year.

Name:	Talullahhound -	Reply
Subject:	"Inflation Reduction Act"
Date:	10/12/2022 4:12:13 PM

But JB took credit for the Act this monring on the news and sais "Medicare drugs are coming down!"  

You know, I belive that the country, especially our economy, is much worse than the WH admits.  Things are really bad.  

Name:	phil -	Reply
Subject:	"Inflation Reduction Act"
Date:	10/12/2022 4:31:48 PM

Biden says inflation was up 'just an inch, hardly at all' in report that sent stocks tanking

https://www.washingtonexaminer.com/news/white-house/biden-inflation-just-an-inch

Its funny all the things they said would happen under Trump are happening under Biden and not a peep about Biden.

Only thing I am waiting on is the nukes to fly from either Russia or the NORKS to pretty much round out everything bad they said about Trump. 

We get the die hard leftists who cannot live in reality (Antifatech thanks Biden for the slight gas price drop from record highs which those drops have now been erased and expected to go even higher) or GFY (Trump).

https://gasprices.aaa.com/

Name:	Talullahhound -	Reply
Subject:	"Inflation Reduction Act"
Date:	10/12/2022 7:49:41 PM

He also said today that he doesn't believe there will be a recession but if there is it will be "very slight".  

Meanwhile, the banks, Wall Street and any economist with half a brain says that it is inevitable and will be really bad.  

Name:	MartiniMan -	Reply
Subject:	PPI and CPI "higher than expected"
Date:	10/13/2022 9:52:21 AM

PPI was up a lot more than anticipated and CPI remains above 8% YOY.  And idiot DJ said yesterday that the price increases were "temporary".......I guess a better word than transitory which was also dead wrong.  I actually had hoped the interest rate increase would have some dampening effect on inflation but I guess when you dump $7T into the economy over 2 years you have way too many dollars chasing the same or fewer goods.........inflation.  About all the Fed can try to do is reduce demand.....recession.  But according to the idiot DJ we will only have a little recession.......hint, we already are in a recession and if the folks at BofA are to be believed 2023 is going to be much worse than this year. 

The housing market is already cratering and it seems that the job cuts are coming as demand does get lowered.  Intel laid of workers due to a slump in computer sales.  People are looking at the 20% drop in their investments and are hunkering down on the spending.  Retirees are going back to work and many re delaying theirs because of the loss in their investments and inflation.  In short, we are repeating history here and are getting the same predictable, ugly, awful results.

Name:	phil -	Reply
Subject:	"Inflation Reduction Act"
Date:	10/13/2022 9:52:32 AM

https://www.yahoo.com/now/core-us-inflation-rises-40-123213300.html

So much for the climate change fixer upper act err inflation reduction act.

Biden/demonkkkrats needs to be removed from office before they destroy the earth.

Name:	MartiniMan -	Reply
Subject:	And now this.....social security up 8.7%
Date:	10/13/2022 2:43:18 PM (updated 10/13/2022 2:49:10 PM)

But hey, it's only a tiny amount of inflation, right DJ?  This is the largest increase in 40 years fueled by the highest inflation in 40 years combined with the first stagflation in 40 years.  On the positive side we only have the highest mortgage interest rates in 20 years.....not 40....yet.  Remains to be seen if we will have the highest gas prices in 40 years soon with OPEC+ rejecting DJ's attempt to infuleunce the midterms by asking them to hold off on productin cuts for a month......unsuccessfully I might add.  I guess he didn't have Obama backing him up by threatening to withhold billions in aid so they blew him off.