Inflation Rose To 8.3% In August… But The Biden Admin Is Celebrating ‘Inflation Reduction’ Anyway
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It’s a Bidenflation party!
Clueless Joe and his Merry Band of Ignoramuses has decided to celebrate the passing of the Inflation Reduction Act on the day that it was announced that inflation didn’t decrease as expected.
White House Diversity Hire Press Secretary announced just how the Prevaricator in Chief would be lying to the public in one of his brief public addresses.
Karine Jean-Pierre: "President Biden will be joined by thousands of Americans in celebrating the historic 'Inflation Reduction Act'" pic.twitter.com/wHDoWHSS59
— The Post Millennial (@TPostMillennial) September 13, 2022
This is what the White House will be celebrating…
🚨 BREAKING: August CPI is up 8.3%
Higher than economists expected, how will the media spin this in Biden's favor? pic.twitter.com/Au3OkXMRci
— Media Research Center (@theMRC) September 13, 2022
The New York Times tried to spin this, but there wasn’t much to work with. Mostly, they were touting the lower gas prices.
The reason for the lower prices is because the Biden administration chose to gut the Strategic Oil Reserve to keep them from continuing to rise.
Newsmax host, Benny Johnson, posted just how much the Biden admin has drained the strategic reserve.
inflation would be double digits today but Biden is actively draining the Strategic Oil Reserve to artificially reduce the price of oil.
Joe is sacrificing American energy security in desperate attempt to save the regime.This should be illegal. Criminal. pic.twitter.com/BjogpeNYGV
— Benny Johnson (@bennyjohnson) September 13, 2022
Rick Santelli was pretty clearly not pleased. He also says the thing that the vast majority of the Regime Media is hesitant to say — this is because of increased government spending.
CNBC’s Rick Santelli: We agreed spending was causing inflation yet Biden “spent more” pic.twitter.com/dxuxyoyL6h
— RNC Research (@RNCResearch) September 13, 2022
Liz Ann Sanders, Chief Investment Strategist at Charles Schwab & Co., notes that that’s the overall increase in the CPI. The food component alone has hit double-digits.
Major issue beneath headline: food component of CPI #inflation rose by 11.4% y/y in August, up from +10.9% prior and fastest rate since April 1979 pic.twitter.com/qfX8FBatbn
— Liz Ann Sonders (@LizAnnSonders) September 13, 2022
WaPo’s Economic columnist further explains in part why this is hurting American families so much:
Gas prices are down, but here's why Americans are still feeling the sting of inflation:
Food at home up 13.5% in past year – largest since 1979
Rent is up 6.7% in past year – largest since 1986
Electricity up 15.8% – largest since 1981
Health insurance 24.3% – largest ever inc— Heather Long (@byHeatherLong) September 13, 2022
GOP National Press Secretary tweeted out some stark numbers as well:
Brutal numbers ahead of Biden and Democrats' "celebration" today:
📈August CPI soars by 8.3%
📈Grocery prices up 13.5%
📈Core consumer prices rose by 6.3%
📉Real average hourly earnings fell 2.8%
1⃣7⃣ Months in a row under Biden in which inflation has outpaced wages— Emma Vaughn (@em__vaughn) September 13, 2022
Today’s consumer prices report has busted Biden’s spin – inflation is still surging.
Consumer prices have been at or above 5% for 16 straight months. Real wages have been negative for 17 straight months, ever since Biden passed his “stimulus.”
Biden is the Pay Cut President. pic.twitter.com/9VmotvkdOT
— Tommy Pigott (@TommyPigott) September 13, 2022
Staff writer at Timcast posted what should be a reality check for Democrats, but likely won’t be.
Latest YoY Inflation Report:
Food 🔼 11.4%
Meats 🔼 10.6%
Eggs 🔼 39.8 %
Milk 🔼 17%
Energy 🔼 23.8%
Fuel Oil 🔼 68.8%
Gasoline 🔼 25.6%
Electricity 🔼 15.8%
Natural Gas 🔼 33%
Airline Fares 🔼 33.4%— Adrian Norman (@AdrianNormanDC) September 13, 2022
The markets took a nosedive.
JUST IN – US stocks tumble on bad inflation data, outlook.
Nasdaq last down -4.04%, S&P -3.15%, Dow -2.62% pic.twitter.com/PFd6beCztR
— Disclose.tv (@disclosetv) September 13, 2022
Meanwhile, the President is tweeting that this is a time to celebrate the passage of the Inflation Exacerbation Reduction Act.
Exactly four weeks ago, I signed the Inflation Reduction Act into law.
So today, we're celebrating.
Tune in at 3 PM ET as I deliver remarks and welcome the leaders and advocates who made it happen to the People's House.
— President Biden (@POTUS) September 13, 2022
With the Inflation Reduction Act, the American people won and the special interests lost.
Today, we celebrate its passage at the White House. pic.twitter.com/FQDRLkKK1m
— President Biden (@POTUS) September 13, 2022
And his Spokesmuppet is openly lying to the American people.
KARINE JEAN-PIERRE: "Prices have been essentially flat in our country these last two months." pic.twitter.com/R1t3DfmtqC
— Townhall.com (@townhallcom) September 13, 2022
The Biden White House is pretty bold.
Look at what we've accomplished together. pic.twitter.com/WBaKQHg3gl
— President Biden (@POTUS) September 13, 2022
And they just don’t care.
REPORTER: "Is there any concern about a dissonance between the current economic moment and the kind of celebration you'll have…about the 'Inflation Reduction Act?'"
KJP: "We have to remember, the 'Inflation Reduction Act' is historic." pic.twitter.com/IKd5U5t7r9
— Townhall.com (@townhallcom) September 13, 2022
Only the Biden administration would celebrate 8.3% inflation as a win.
— Sen. Marsha Blackburn (@MarshaBlackburn) September 13, 2022
They started their celebration of the bill that has ramped up inflation with James Taylor singing about a childhood friend’s suicide.
Biden's White House event celebrating the "Inflation Reduction Act" is beginning with a performance by James Taylor of "Fire and Rain" pic.twitter.com/CeVECkldOR
— Greg Price (@greg_price11) September 13, 2022
Weirdly appropriate.
When Biden made it to the lectern, he insisted that the bill that is filled with Democrat spending priorities is reducing inflation. LOL, no.
Biden claims the Bidenflation Scam "helped reduce inflation."
That's not even close to true. pic.twitter.com/oIqMGyJrgA
— RNC Research (@RNCResearch) September 13, 2022
As he has been doing with more frequency lately, “Angry Joe” made an appearance.
Joe Biden: THINK ABOUT WHAT YOU'D THINK ABOUT pic.twitter.com/GMCNSZbXlv
— Media Research Center (@theMRC) September 13, 2022
And he stayed there for the majority of the 25-minute speech.
Biden: "I don't want to hear any more about big spending Democrats. We spend but we pay." pic.twitter.com/MSz7jMl8W1
— Greg Price (@greg_price11) September 13, 2022
Biden also said that he’s committed to addressing climate change as the cost of electricity continues to soar.
NOW – Biden: "We’re gonna take the most aggressive action ever, ever, ever to address the climate crisis and energy security." pic.twitter.com/M1oJz5Cx7d
— Disclose.tv (@disclosetv) September 13, 2022
Of course, Biden was still Biden.
Biden touts an infrastructure bill that cost "over a billion million two hundred dollars" pic.twitter.com/b9PdGxXZ1X
— Tom Elliott (@tomselliott) September 13, 2022
Isn’t it weird how the Biden administration is so often “surprised” by things?
Anyone Notice the Trend?
"Surprised" by "Unexpected" Taliban
"Surprised" by "Unexpected" Gas Prices
"Surprised" by "Unexpected" Formula Shortages
"Surprised" by "Unexpected" Recession
"Surprised" by "Unexpected" Crime Waves
"Surprised" by "Unexpected" Inflation Surge
— Comfortably Smug (@ComfortablySmug) September 13, 2022
And how the meaning of “inflation” has changed over the past 17 months?
-There will be no inflation
-Inflation is transitory
-Inflation is good for you
-Inflation only hurts the rich
-Inflation is consumers’ fault
-Inflation is greedy biz’s fault
-Inflation is Putin’s fault
-Recessions mean something else!
– ¯_(ツ)_/¯— Carol Roth (@caroljsroth) September 13, 2022
Neil Cavuto on Fox News interrupted Biden’s celebratory Build Back Broke address/campaign speech with a reality check.
Fox News did Biden wrong 🤣
“We interrupt this celebration for a hard, cold dose of reality.”
— The Post Millennial (@TPostMillennial) September 13, 2022
This is why we call him “Clueless Joe.”
Joe Biden is taking a victory lap on inflation while the stock market tanks…because of inflation. pic.twitter.com/pmTCZlse6d
— RNC Research (@RNCResearch) September 13, 2022
Check out Doug’s latest book, The Art of Joe: The Political Brilliance of President Biden. If you have left-leaning family members, workmates, or classmates, buy several copies and place them in common areas. Make sure you have your video camera ready for when they pick it up and thumb through it because they will be triggered which will make for a great viral video to share across social media. Also, buy a couple for the GOP NeverTrumpers that you know. Finally, both the book’s cover and the epilogue, Notable Quotable Joe are worth the price of admission. We’ve included before and after Biden on Afghanistan. Jen Psaki will no likey this book, but you will. BTW, the book is 95% bereft of any content. Just like Biden’s head.
