If you like the obscene 27% increase in electricity prices under Joe Biden, vote Democrat in November

Have fun paying the A/C bill this summer.

The continuing price gouging by US natural gas utilities is astounding

Look at all that daylight between what utilities charge and the gas actually costs.

 

Permanently higher food prices and still climbing at 2.2% in April 2024

 The last time we had any actual food price deflation was in late 2016 for a few months.

 

 

Core CPI inflation came in at 3.6% year over year in April 2024 in this morning's report, still 83% worse than under Trump

Core CPI inflation averaged 1.96% under Trump.

 

 

Nancy Pelosi, The Queen of Inflation, had the worst record of any speaker for deficit spending

 Pelosi Accuses MSNBC's Katy Tur Of Being An "Apologist" For Trump: "He Had The Worst Record Of Any President"

 

Pelosi spent 210% of revenues in 2009

Pelosi spent 196% of revenues in 2010

Pelosi spent 216% of revenues in 2020

Pelosi spent 176% of revenues in 2021

 

Core pce inflation still 2.8% in March 2024, still 75% worse than under Trump for a second consecutive month

 Biden's 1Q2024 average is 2.86% year over year, making thirteen quarters averaging 4.20% average yoy inflation vs. Trump's 1.6%, 163% worse.

Trump never had a single quarter higher than 1.97% yoy.

American utilities have used the pandemic and the Russia-Ukraine war to price gouge the consumer for natural gas

American utilities have used the pandemic and the Russia-Ukraine war to price gouge the consumer. 

Natural gas prices have nosedived 73% since 3Q2022 but utility prices stopped declining a year ago and are down just 14% from peak.

Utility gas actually increased in 4Q2023 and again in 1Q2024.

Look at all that air under the red line.  First time that's happened in decades.

People should be MAKING A STINK!

 

If you want to know why the price of electricity is up 41%, this is why

 Obama/Biden built that.

At 4.1% in 1Q2024 the so-called supercore inflation rate is still double the 2010-2020 average of 2.07%

 Way to go, Brandon!

March yoy came in at 4.8%. Ouch.

 

More like a stick-up, Janet

 Treasury Secretary Janet Yellen: U.S. Economy Is "Firing On All Cylinders," "Consumers Are Holding Up"

The dollar buys 16.23% less in March 2024 than it did when Joe Biden was inaugurated.

 

 

They promised us a soft landing and by golly they're giving it to us, good and hard

 We're on the glide path of permanent 3.8% year over year core inflation. 

 

 

 

Elon Musk, Glenn Beck, Matt Yglesias, and Donald Trump are FOR lots of LEGAL immigration

 I'M NOT.

Core pce inflation was 2.8% year over year in February 2024, but averaged just 1.6% for four years under Donald Trump

The core pce inflation rate currently is still 75% worse than Trump's 1.6%.

The three year Biden average is 4.31%, which is 169% worse than under Trump.

Real Clear Politics currently shows an average of 64.6% saying the country is on the wrong track.

 

Just a reminder that the Fed said all these purchases it made in 2008 and again in 2020 were just temporary

Now Fed Chair Powell has just said it's time for the pace of the roll-off to slow.

That's the curved line slowly trending down from it's peak near $9 trillion to $7.5 trillion now.

Just as the National Debt will never be paid down, the Fed will never stop intervening in the Treasury market to limit supply and support prices, which suppresses market driven interest rates. 

Powell isn't serious about fighting inflation.

 

 

The price of electricity is at a new record high level in the US of 17.3 cents per kWhr in January and February 2024: Up 27.2% under Joe Biden

Core CPI inflation pops 0.6% monthly in January and again in February 2024

 Doubleplusnotgood.

Year over year in February core cpi inflation is still elevated at 3.8%.

The near term trend has definitely turned higher again.

 

 

 

Core inflation measure for January 2024 is . . . not good

 Year over year we're still at 2.8%, still well above 2.0.

The monthly pop of .4% is high relative to anything in the last year.

The .5 change in the index was . . . pretty dang big.

The drive by media always spins this as "expected" when consensus estimates are confirmed, but that doesn't make them good.

 

We've been getting along with ~ 2 million farm workers for over two decades, we don't suddenly need 7.2 million new illegal aliens to help them

 

Core cpi inflation seasonally adjusted pops 0.4% in Jan 2024: month over month measure trending ever higher since Jun 2023, seven months

 

But you said inflation was coming down!

 

This is your periodic reminder that the net worth of U.S. households is $151 trillion but there's only $2.3 trillion fiat currency in circulation anyway

https://fred.stlouisfed.org/series/TNWBSHNO

https://fred.stlouisfed.org/series/CURRCIR 

Meanwhile all the gold and silver in the world hardly close the gap: