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De Omnibus Dubitandum - Lux Veritas

Wednesday, April 10, 2024

Government Plays With Inflation Numbers

"You know, if you let me write $200 billion worth of hot checks every year, I could give you an illusion of prosperity, too." 1988—Texas Senator Lloyd Bentsen Democrat Vice President nominee; said during a debate 

By Robin Itzler

No matter which party is in power, Deep State bureaucracies that run our federal government consistently gaslights the American public. In 1983, when Republican Ronald Reagan was in the White House, housing finance expenses was removed from the formula for determining the consumer price index (CPI). Home ownership was replaced with a less-volatile metric based on rent.

Former Treasury Secretary Lawrence Summers, who served in Democrat Bill Clinton’s administration, along with others conducted an inflation analysis. Using the pre-1983 calculation (home ownership expenses), inflation would be much higher than reported by the Biden administration.

This explains why Biden & Company ridiculously insists that the economy is doing great. Yet, few Americans believe them. We see rampant inflation every time we go grocery shopping – more in next article.

Items may only increase by a few pennies, but all those items in your grocery cart that increase by a few pennies every week is more than the rate of inflation!

On April 10, we will learn the CPI for March. The Deep State’s goal is to keep Democrats in power. Expect Federal Reserve Chairman Jerome Powell to follow through on the promised three rate cuts in this election year. 

Biden Mart Opens

Every American has been shopping in Biden-Mart since January 2021.  When you visit the online grocery store, this message pops up: 

Putting food on the table has become harder than ever thanks to "Bidenomics." As costs for everyday items continue to rise, American families are struggling more and more to foot the bill. Check off the items from the list below to compile your weekly grocery list and see how much more expensive your bill has become under Joe Biden. 

Then a list of items most people buy every week appears. Check off the items that you normally purchase. When you are done shopping, you will see how little the items in your grocery cart cost you under Trump and how much it costs now under Biden thanks to BIDENFLATION. 

Okay, so how do you determine you're paying more under Biden than Trump?  Here's the answer, and all you have to do is click here and go shopping at Biden-Mart!

Commentaries and insights selected from Robin's weekly newsletter Patriot Neighbors. Cartoons may be added by me.  If you wish to get the full edition,   E-mail her at PatriotNeighbors@yahoo.com to get on her list, it's free.

 

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