Seriously? What are you, 12 years old?I challenge you to show us any other point in American history where inflation jumped this quickly. This economy is a wreck and it is directly because of Marxist policies on energy, regulatory policy, but most damning it’s because of the sheer stupidity of keeping the economy shutdown (long after it was obvious that Covid had been overblown) and then borrowing and printing so many dollars once Biden took office.
Couple all that with the pressures that tens of millions of illegal aliens puts on housing prices.
You’re so, so silly.
"At the end of 1981, the annual inflation rate of 8.9 percent actually represented good news for consumers -- at that time, it was the lowest inflation figure since 1977, following increases of 13.3 percent and 12.4 percent in 1979 and 1980."
Flashback to the 80s, the last time US inflation stood at 8.5%
Inflation in the US has reached the highest level since 1981, prompting flashbacks to an era in which President Ronald Reagan had just taken office on a campaign vow to rein in soaring prices.
www.dailymail.co.uk
The current US Inflation Rate is at 3.48%, compared to 3.15% last month and 4.98% last year. This is higher than the long term average of 3.28%.
Not. Even. Close. 🤡