Americans Know Who’s To Blame For Soaring Inflation — Joe Biden | Eastern North Carolina Now | Inflation in the U.S. soared 8.2% in September, and while President Joe Biden blames it on “Putin’s price hike,” Americans blame him by a wide majority.

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    Publisher's Note: This post appears here courtesy of the The Daily Wire. The author of this post is Joseph Curl.

    Inflation in the U.S. soared 8.2% in September, and while President Joe Biden blames it on "Putin's price hike," Americans blame him by a wide majority.

    The Labor Department's Consumer Price Index, which catalogs the costs of goods and services as well as food and rent, rose 0.4% over August, double what economists expected, according to new data released Thursday.

    But it gets worse. Since last September, core inflation, which excludes food and gas prices, leaped 6.6% in September, up from 6.3% in August. That's the highest increase since August 1982.

    In 2022, food prices have skyrocketed according to the Producers Price Index:

    Eggs: Up 97.3%

    Vegetables: Up 40.2%

    Turkey: Up 38.2%

    Pasta: Up 34.1%

    Grains: Up 30.4%

    Fresh Fruit: 20.7%

    Dairy Products: Up 18.2%

    Baked Goods: Up 14%

    The overall food index, meanwhile, rose 11.2% compared to the same month last year, and nearly 1% over August alone.

    And the shelter index, which includes mortgages and rent, leaped 6.6% in the past year, accounting for more than 40% of the core inflation. That's the largest increase in 32 years.

    "Increases in the shelter, food, and medical care indexes were the largest of many contributors to the monthly seasonally adjusted all items increase. These increases were partly offset by a 4.9-percent decline in the gasoline index," the Bureau of Labor Statistics said in a release.

    It's all going to get worse, according to JPMorgan Chase CEO Jamie Dimon.

    "These are very, very serious things which I think are likely to push the U.S. and the world - I mean, Europe is already in recession - and they're likely to put the U.S. in some kind of recession six to nine months from now," Dimon told CNBC.

    Americans blame Biden - not Russian President Vladimir Putin and a war half a world away.

    A new Rasmussen Reports poll found that 60% believe the president's policies are to blame for "increased inflation." And only 13% think the White House has been successful in its bid to decrease inflation.

    What's more, the survey found that 84% of those polled think soaring prices will be important in their vote - that includes 77% of Democrats.

    "With the midterm elections now less than a month away, inflation is still the issue voters are most concerned about," the pollsters write.

    "The latest Rasmussen Reports national telephone and online survey finds that 89% of Likely U.S. voters are concerned about inflation, including 64% who are Very Concerned. Just 11% aren't concerned about the issue."

    Things just keep getting worse. While prices are soaring, workers have suffered the steepest pay cut in 25 years, according to data released by the Federal Reserve.

    Researchers for the Federal Reserve Bank of Dallas put out a report that calculates "real wages," which is income adjusted for inflation.

    "We find that a majority of employed workers' real (inflation-adjusted) wages have failed to keep up with inflation in the past year," the researchers said. "For these workers, the median decline in real wages is a little more than 8.5%."

    "Taken together, these outcomes appear to be the most severe faced by employed workers over the past 25 years," the researchers added.

    Biden bobbed up to tell some lies.

    "Americans are squeezed by the cost of living: that's been true for years, and they didn't need today's report to tell them that," he said, despite the fact that things were just fine under his predecessor Donald Trump.

    Then he blamed others. "Fighting the global inflation that is affecting countries around the world and working families here at home is my top priority," he said.

    And then he told one last lie. "If Republicans take control of Congress, everyday costs will go up - not down."

    He's got a November Surprise coming because the GOP is poised to take over both chambers of Congress.

    The views expressed in this piece are the author's own and do not necessarily represent those of The Daily Wire.

poll#162
In what may be the most divisive period in modern American History, even more divisive than the turbulent sixties due to today's lack of patriotism, consider what are the major catalysts causing so much of this calamity of conflict, and vote: What most instigates the division of America, on this day September 20, 2022?
  Racism within our society
  Sex realignment to the detriment of our society.
  Biden /Harris Wide Open Southern Border Policy for the Demographic Upheaval of OUR Constitutional Republic
  Rampant Crime in Democratic controlled cities, and the possible contagion elsewhere
  Covid Pandemic, and its mishandling at the political, and bureaucratic levels.
  The unresolved questions /allegation regarding the flawed 2020 General Election
  January 6th Riot or "Armed Insurrection", depending upon patriotic perspective
  Joe Biden as Divisive Leader; Ineffective and Corrupt Executive
  Failed Education Industry, from an overall perspective, regarding all levels of education.
  Propagandistic Media in complete conflict with the First Amendment's guarantee of Freedom of Speech, and the awesome responsibility of a Free Press..
  "Orangeman Bad!"
  Bureaucracy rushing to a behemoth size, its unjustified expense, and far too often overreach.
  The Weaponized Deep State for political purposes
  A secular ambivalence to all that is real.
  Record number of overdose deaths from opioids and now Fentanyl
  Biden Administration's disastrous Foreign Policy
  Bidenflation /supply chain failure inevitably evolving into stagflation and recession.
  "Ultra MAGA Extremists" freely speaking louder AND LOUDER!
678 total vote(s)     What's your Opinion?


poll#161
Considering what is being reported as the most divisive presidential speech - September 1, 2022 - in modern American history, where over 74,000,000 people, many of whom are OUR greatest patriots, were named as fascists by inference or otherwise: Is Joe Biden clearly capable of governing all of the American People to the betterment of this Representative Republic?
  Yes, it is important that Haters are named.
  No, Joe Biden cannot accept criticism when the real truth is his cruelest taskmaster.
  I have no idea what is going on because I only consume Democratic Socialist Media.
512 total vote(s)     What's your Opinion?


poll#132
Considering that Joe Biden is considered by so many to be the Imposter President: Is he actually knowledgeable enough, wise enough, patriotic enough to be this Constitutional Republic's president at this difficult point in these tumultuous times?
  Yes, Mr. Biden is thoughtful and kind, and just so different from the "Orange Man".
  No, this representation of "president" is either too corrupt, too stupid, or both to be a real president.
  I just want the fun guy, who knew how to make stuff work back.
647 total vote(s)     What's your Opinion?


poll#154
Inarguably, the policies of the Democrats in congress and Joe Biden as the Executive is plunging the United States into a recession, if we are not already there; a recession that was completely avoidable. Will abrupt changes in policies occur in time?
  Yes, the Democrats have a bold plan, yet to be revealed, to save us.
  No, there will have to be a complete undoing of the damage done by these Democrats.
  I can't do simple math, so how am I to understand the concept of basic economics.
1,174 total vote(s)     What's your Opinion?

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