The Never-Ending Bidenflation

Another month, and another Consumer Price Index report showing Bidenflation remains absurdly high.

Another month of uncomfortably high inflation.

Overall CPI: +7.1% y/y
Gas: +10.1%
Fuel Oil: +65.7%
Electricity: +13.7%
Groceries: +12%
Chicken +12%
Milk: +14.7%
Eggs: +49.1%
Bread: +15.7%
Potatoes: +16.2%
Baby Food: +10.9%
Airline Fares: +36%
Real Average Hourly Earnings: -1.9%

— Jacki Kotkiewicz (@jackikotkiewicz) December 13, 2022

It’s also another report showing workers losing ground. Real wages were negative once again in November.

After lying about inflation for over 20 months, the Biden administration now insists inflation will reach normal levels by the end of NEXT year. With the majority of Americans saying their financial situation is actively “getting worse,” that’s another year of bad news families simply can’t afford.

This Bidenflation seems never ending.