This post is no news to working families for their wallets are being hit and hit hard thanks to this dolt of a president, who by the way cares NOTHING about your lives as long as he and his butt buddy billionaires keep raping the country….but the numbers tell the tale of the tape….
Federal data released Tuesday showed US inflation rising to the highest level it’s been since May 2023, as President Donald Trump’s Iran War has led to increases in the costs of both energy and food.
The latest Consumer Price Index (CPI) released by the US Bureau of Labor Statistics finds that prices in April posted a year-over-year increase of 3.8%, above economists’ expectations of a 3.7% increase, driven by energy prices that surged nearly 18% from April 2025.
The price of groceries also notched significant increases during the month, the report notes.
“Five of the six major grocery store food group indexes increased in April,” says the report. “The index for meats, poultry, fish, and eggs increased 1.3% over the month as the index for beef rose 2.7%. The fruits and vegetables index increased 1.8% in April and the nonalcoholic beverages index rose 1.1%. The index for dairy and related products increased 0.8% over the month and the index for cereals and bakery products rose 0.1% in April.”
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Heather Long, chief economist at Navy Federal Credit Union, observed that the cost of living in April rose above average monthly wage gains, meaning US consumers are no longer just treading water but falling behind.
“Inflation is now eating up all wage gains for the first time in about three years,” she wrote. “This is painful for Americans and a true financial squeeze.”
University of Michigan economist Justin Wolfers highlighted just how much the latest CPI report exposes the false promises President Donald Trump made during the 2024 presidential campaign.
https://www.commondreams.org/news/trump-inflation-april-cpi
I realize that this is nothing new to people that have to live on their wages….but they need to know just how bad it is and just how bad it is going to stay.
The way things are going I do not think that elections will bring any change soon…we are stuck in this cycle thanks to the ‘brilliant’ mind of a ‘stable genius’….which saying that makes me laugh at the stupidity presented as policy.
Sorry to be redundant or giving you the news you may already be aware of but seeing the numbers may make it more clear on what we can expect in the near future.
I Read, I Write, You Know
“lego ergo scribo”