Food prices skyrocketed by 11.4% over the past year, making that the greatest increase in a year since 1979, according to data released Tuesday by the Bureau of Labor Statistics.
- The CPI rose to 8.3%.
- Food prices hit a 43-year-high.
- Average hourly earnings declined.
- Real wages fell for the 17th month in a row
- Consumer prices have been above 5% for 16 straight months.
Joe Biden and his #1 fan @Marcy_Kaptur own this: They have made you poorer.
— JR Majewski (@JRMajewski) September 13, 2022
While the mainstream media tries to pretend the inflation is slowing down, anyone who goes to a grocery store knows they're still on the rise. Over the past year the price of eggs went up 39.8%, while flour got 23.3% more expensive, milk increased 17% and the price of bread rose 16.2%.
Overall, grocery store prices increased by 13.5% and restaurant prices went up 8%.
If you want to look at just the latest month being reported on, which was from July to August, prices are still going up.
Margarine went up the most, 7.3%. Eggs were 2.9% more expensive and sugar was 2.4% higher, while flour and bread moved up 2.2%. Canned fruit prices rose 3.4% while fresh vegetables got 1.2% more expensive.
Hot dog prices went up 4.9% so there went the small savings President Biden bragged about a couple of 4th of Julys ago. Ham went up 1.3% and turkey 2.2%.
Not everything went up, though. Bacon was .5% cheaper, while the price of pork roasts, steaks and ribs dropped by 1.9%. Also, a couple of individual fruits became more affordable with apples getting 2.3% cheaper and citrus fruits falling 1.6%.
Despite the soaring prices, the White House is taking a victory lap on Twitter.
With the Inflation Reduction Act, the American people won and the special interests lost.
Today, we celebrate its passage at the White House. pic.twitter.com/FQDRLkKK1m
— President Biden (@POTUS) September 13, 2022
Trending Political News
Texas Governor Abbott Announces Third City Migrants Will Be Bused To
Texas Governor Greg Abbott has busing migrants from Texas to Washington, D.C., and New York City. Now there is a third city added to the list of cities where migrants will be bused: Chicago.
The migrants have been voluntarily bused to more liberal parts of the country. Back in April was when the first bus left Texas and headed for the nation's capital.
Electric Car Owner Gets Hit With INSANE Bill to Replace Battery in Chevy Volt
If you've been thinking about getting an electric car, you may want to check this out first. The invoice from a dealership for a battery for a 2012 Chevy Volt was more than it would cost to buy a new version of the car.
There's one problem with that plan: They stopped making Chevy Volts in 2012.
Set featured imageContinue reading...
Fox News' 'Wide Shot' of Biden 'Rally' Shows How Few Were in Attendance
Joe Biden had a campaign event in Wilkes-Barre, Pennsylvania and judging by how it was presented by the mainstream media, you'd think that place was packed and going absolutely bananas for President Biden. A lot of video of the vent surfaced, featuring Biden ranting about the best games of basketball and threatening Republicans, judging off that footage you would think the house was packed.
Here's some footage of the event:
Mike Tyson Talks About His Shift in Political Views
Boxing legend "Iron" Mike Tyson did an interview with conservative news station Newsmax over the weekend. During the interview, Tyson talked about a gradual shift in his political views.
The former heavyweight champ was hesitant to talk politics at first.
Macaroni Grill Adding $2 Fee To Each Check, Gives Reason Why at the Bottom of Check - THANKS JOE!
Macaroni Grill, an American restaurant chain, is really feeling the impact of the inflation under the Joe Biden presidency.
According to a report from WESH-TV, the Italian chain restaurant is adding a $2 fee to each check.
Man Dresses Up as Woman, Sneaks Into Girls AAU Basketball Tournament and Dominates
After watching this video many men are probably realizing they could have had a great career in the WNBA.
A male dressed up as a female and participated in a girls' AAU basketball tournament. He even equipped himself with a set of boobs. Guess how it turned out?