Inflation is going through the roof just like Trump supporters and republicans said would happen if democrats succeeded in spending trillions of dollars foolishly. Welcome to the illegitimate democrat destruction of prosperity in America, thanks to voter fraud and out-of-control DC political corruption.
Inflation soared by 8.5% over the past 12 months, the federal government reported Tuesday amid fears of a looming recession.
The Labor Department said the rise in the Consumer Price Index through March is the largest since 1981. Officials noted that inflation had climbed to a 40-year high for the fifth straight month. Economists say there are few signs the rise in prices will end soon.
“Inflation is killing everything,” said Don Schnorr, a 59-year-old construction worker from Milwaukee. “Gas prices are going up, grocery prices are going up, and it doesn’t look like it’s getting any better.”
Inflation hits another 40-year high, as recession fears loom
Inflation soared by 8.5% over the past 12 months, the federal government reported Thursday amid fears of a looming recession.
www.washingtontimes.com
Inflation soared by 8.5% over the past 12 months, the federal government reported Tuesday amid fears of a looming recession.
The Labor Department said the rise in the Consumer Price Index through March is the largest since 1981. Officials noted that inflation had climbed to a 40-year high for the fifth straight month. Economists say there are few signs the rise in prices will end soon.
“Inflation is killing everything,” said Don Schnorr, a 59-year-old construction worker from Milwaukee. “Gas prices are going up, grocery prices are going up, and it doesn’t look like it’s getting any better.”