Still on vacation, but…

Per the AP:

WASHINGTON (AP) — Inflation rose last month as the price of gas, groceries and airfares jumped while new data showed applications for unemployment aid soared, putting the Federal Reserve in an increasingly tough spot as it prepares to cut rates at its meeting next week despite persistent price pressures.

Consumer prices increased 2.9% in August from a year earlier, the Labor Department said Thursday, up from 2.7% the previous month and the biggest jump since January. Excluding the volatile food and energy categories, core prices rose 3.1%, the same as in July. Both figures are above the Federal Reserve’s 2% target.

The sheer incompetence of these bumbling ignoramuses when it comes to running, well, anything, is mind-boggling.

Of course, Trump promised in August of 2024 on the campaign trail that “When I win, I will immediately bring prices down, starting on Day One…”

The Kirk killing will suck the oxygen out of the Capitol for a bit. But we need to keep the pressure on our electeds (especially Dem electeds) to hammer on two things: The Epstein files (which, btw, Kirk wanted fully exposed) and the economy (including inflation, healthcare costs and tariff tax increases).

Sorry, but off to eat some damn good pastries…

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TBone Dinosaur1 year ago

Also too Thune went nuclear on Senate rules for confirmations yesterday, in case anyone missed that tidbit.

https://wnyt.com/ap-top-news/senate-republicans-take-first-steps-to-change-rules-to-speed-up-trumps-nominees/

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John S.1 year ago

Yup. And did it based on a plan crafted by Amy Klobuchar and Angus King. Bipartisanship!

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mister mixAuthor1 year ago

Job market craters, inflation is up -- stagflation is here. Also, when you either have no medical insurance (Medicaid recipient) or your Obamacare policy costs triple, that's another huge cost brought on by MAGA incompetence.

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Joe is Wypoxic1 year ago

I think the Obamacare cost increases are going to have a major impact on people.

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TBone Dinosaur1 year ago

*raises hand

Speaking of damn good pastry, I'm having spanokopita for lunch.

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John S.1 year ago

Which is why it’s so important that Democrats fight to delay those impacts to people until after the midterm elections. 🙄

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TBone Dinosaur1 year ago

GAH

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Joe is Wypoxic1 year ago

But not if it’s just a delay for two months. Need to stake shutdown on permanent reinstatement of ACA subsidies…