The Bureau of Labor Statistics highlights some alarming inflation numbers today [Link Here] that are unfortunately, not unexpected…. unless you are a liberally trained economist (most of them) and so the results are surprisingly “unexpected”. But the actual JoeBama-nomic policy is even worse because wages increased less than inflation increased, so real wages (actual purchasing power) decreased. That spells trouble, Trouble.
Middle-class wage earners already know this problem; you are seeing it at the gas pumps and at the grocery store. Fuel prices are rapidly increasing and the amount of inflation in the ‘at home’ food industry (grocery store) is even more concerning.
Let me first walk through the data and then provide some forward analysis with tips to help you offset what is about to hit.
First, it is important to know that BLS price survey data lags actual prices as felt today. The prices you are seeing today/tommorrow at the store and gas pump will not show up in the rolled-up data for over a month…. So the data released today is unfortunately far behind what you are witnessing in real time.
Gas prices rose last month by 9.1%. The year-over-year inflation number is an alarming 2.6 percent last month. Keep in mind that retail grocery prices are not in the inflation number, and they generally follow the same price index as fuel; so it is safe to say monthly grocery store price increases are in the 8 to 10 percent range.
Part of the reason gas and food track together is fuel and energy prices are the #2 cost within the food sector. With packaging prices increasing; with fuel prices and distribution costs increasing; with energy prices increasing; all costs associated with food production, processing, delivery, warehousing and distribution, all end up in the final price at the grocery store.
♦ WHAT: As I look forward the likely origination point for military deployment will be federal COVID mandates, though it could also be state election issues. ♦ HOW: The hardline leftists are weaponizing the military for political benefit. ♦ WHEN: As a result of severe federal government intrusion it is only a matter of time before states start to rebel against federal COVID demands. That, in my opinion, will be the inflection point and posse comitatus will be suspended.
Following the evidence to its logical conclusion is simple. The political apparatus of the DC state has framed a fraudulent narrative that “insurrection” against the federal government is an ongoing possibility.
The Occupational Safety and Health Administration (OSHA) is a
Media stories often contain the fingerprints of motive, a slight truth hidden in a background of obfuscation, and you can find the leftist activity if you know what to look for. The buried lede in the story is this short segment:
Now we watch the next move(s); as with everything in Obama’s third-term, if you watch the ‘other hand’ you will find the play… and bookmark this. With Garland confirmed there will be multiple people and groups who supported President Trump targeted by the U.S. Department of Justice. The extremist Lawfare group is openly advocating for more political targeting; to wit Garland has stated his intent to continue weaponizing the DOJ where former AG Eric Holder left-off.
According to numerous outlets, the JoeBama amnesty legislation 