Consumer prices rise as inflation soars to 8.5% | ABCNL

The Labor Department released new unemployment numbers showing 185,000 Americans sought jobless benefits last week, a slight increase from the previous week.

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22 thoughts on “Consumer prices rise as inflation soars to 8.5% | ABCNL

  1. Biden's Team is so lost – again trying to spin the "Not my fault" wheel / Its Covid, Putin, Trump – now its Texas – they are responsible for Inflation due to trucks. being inspected, causing a delay in products – they better inspect the trucks, how many more illegals are we going to let into the country – Biden and his crew are totally lost – everything is a disaster..
    Border – busted / and during a World Wide Pandemic putting US Citizens at risk of illness or deaths.
    Inflation – Highest in 40 years, Billy Beer.
    Gas – Per Gallon Cost – highest in history of the US.
    Law Enforcement – Defunded
    Children – Being exposed to CRT, Sexual Content and Gender assignment, Trans forced content at schools.
    Children forced to ware mask needlessly
    War / Ukraine, Russia – International Relations a disaster – Saudi Arabia long time friend will not pick up the phone for Biden, actually making fun of him and Kamala on TV…
    Taxes going up – looking to raise taxes on Oil Industry, Corporations and you – Taxes on any Corporation will be passed onto goods that you purchase, so you pay the tax – do not fall for the Biden Smoke…this just adds to the on going inflation..
    Interest Rates going up to highest levels in the last 40 years…will need to be higher than the Inflation Rate which is 8.4% today – so think of that 8-9% to buy a home, not too many will be sold, so Recession.

    Biden has no clue as to what started this Inflation run – Day One he went to war with the Oil, Natural Gas and Coal industry – without a plan to make long term steps for Green Energy, something that will take 30-50 years to build energy storage, power lines and updated transmission hubs, new Nuclear Plants – he just went to war and started to restrict energy in the US, Oil and Natural Gas, Coal by stopping pipelines, leases, and adding taxes – this day one started the World Oil Price per barrel to start going up, this in turn started the inflation run as "everything" we do requires oil – gas, petroleum, large production, farming, shipping and transpiration, rubber, tires, poly, everything involves oil…Biden started the inflation run…..and with the continued ongoing spending to give money away to the"Sit on the Front Porch" – "You Owe Me" hate the USA group – No More Giveaway Money – everyone get to work – Biden stop spending……….

  2. Vote to get rid of Biden, AOC and the Squad in the next election 🚙🚙🚙🚙🚙🚙👍👍👍..Let's Go Brandon!!!🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮

  3. I don't know who needs to hear this!Stop relying on the government and savings. Invest some of your money if you want financial stability, having several income streams is not a bad idea

  4. Ms. Christophers could you add to your analysis how much of the inflation is caused by the opportunistic rise in corporate profits, specially gouging consumers in time of crisis like pandemic and war.

  5. If we can figure out a way to blame it on the Russians (inflation, Hunter's laptop), we'll report it. If we can link the crime wave, border crisis, Covid origin, activists' takeover of public education to Russia, we'll get right on it.

  6. Why are so many companies reporting record profits then? It’s almost like the public is being scammed by all these companies into believing the cost of items have gone up when in fact it’s just greedy companies trying to squeeze as much money as they can from consumers and hiding behind the virus boogie man to excuse their behavior.

  7. The fact is, Joe Biden has no control over this because if a Republican president was in his shoes they would be confronted with the same problems. The only difference is the latter wouldn't know what to do because Republicans don't exactly sort out problems, they create them. Republicans create recessions, Democrats clean up and sort out them.

  8. Gee, I wonder what would happen if I became president, and the first thing I did was punt the US energy global market dominance and global market dictates I inherited, back to tyrants like Putin and plutocrats in OPEC?
    I’m Joe Biden and I approve this message.

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