What's new
By:

The Biden Administration and All Things Politics

"HEY GUYS INFLATION ROSE BUT NOT AT THE EXPECTED RATE!!!!! I'M REALLY SMART". Uneducated as f* lol

2023 Layoff Tracker: Meta Cuts 10,000 Employees​


TOPLINE​


Meta, the parent company of Facebook and Instagram, announced Tuesday it will cut 10,000 employees in its second major round of cuts in just four months—making the social media giant the latest U.S. company to reduce its headcount this year, following recent cuts at Disney, eBay, General Motors, Twitter and Yahoo.

www.forbes.com

First Quarter 2023 Layoff Tracker: Meta, Amazon, Twitter, Twilio Make Cuts

Amazon, Alphabet, Meta, Salesforce and Yahoo have all slashed staff this year, citing cloudy economic forecasts.
www.forbes.com www.forbes.com
 
"Core" inflation, which strips out the more volatile costs of food and energy, rose 0.5% over the prior month in February and 5.5% over last year, marking the smallest 12-month increase since December 2021. Economists had estimated "core" inflation would rise 0.4% on a month-over-month basis and increase 5.5% compared to February 2022.

"The 0.5% [month-over-month] rise in core consumer prices last month adds to the evidence that inflation remains stubbornly high, but the ongoing fallout from the SVB crisis over the coming days is still likely to have a bigger bearing on what happens at next week’s FOMC meeting," wrote Andrew Hunter, deputy chief U.S. economist at Capital Economics, in a note on Tuesday.

Food costs continued to rise in February, with the food index rising 0.4% over last month. The food at home index rose 0.3% over last month as five of the six major grocery store food group indexes increased over the month, the BLS noted. Egg prices fell 6.7% in February.

finance.yahoo.com

Inflation: Consumer prices rise 6% over last year in February, slowest since Sept. 2021

Inflation showed signs of cooling in February after prices picked up to start the year, according to the latest data released Tuesday morning.
finance.yahoo.com finance.yahoo.com
 
It's soooo crazy how uneducated someone can be and celebrate inflation. Democrats think rising inflation is a good thing. They are so uneducated they think that just because a few index's fell even thugh they are the ones responsible for *** rising to record levels is something to brag about. This is their success. Inflation rising in important areas like food cost is a success to them. That's how big of a failure they are. Rising inflation but not at record rates is something to brag about. They are bragging about negatives.

Food prices rose 0.4% and 9.5%, respectively. Meat, poultry, fish and egg prices fell 0.1% for the month, the first time that index has retreated since December 2021. Eggs in particular tumbled 6.7%, though they were still up 55.4% from a year ago.

Shelter costs, which make up about one-third of the index’s weighting, jumped 0.8%, bringing the annual gain up to 8.1%. Fed officials largely expect housing and related costs such as rent to slow over the course of the year.

“Housing costs are a key driver of the inflation figures, but they are also a lagging indicator,” said Lisa Sturtevant, chief economist at Bright MLS. “It typically takes six months for new rent data to be reflected in the CPI. The quirk in how housing cost data are collected contributes to overstating current inflation.”

Still, shelter costs accounted for more than 60% of the total CPI increase and rose at the fastest annual pace since June 1982.
www.cnbc.com

Inflation gauge increased 0.4% in February, as expected and up 6% from a year ago

Excluding volatile food and energy prices, core CPI increased 0.5% in February and 5.5% on a 12-month basis.
www.cnbc.com www.cnbc.com
 
Democrats are such failures they brag about failures just that it wasn't as bad as a failure as predicted. This is the Democratic party ladies and gentlemen. Bragging about failures.

Cost-of-living: Annual rate of inflation rises slightly to 8.5%​


The CSO Consumer Price Index (CPI) rose by 8.5% between February 2022 and February 2023.

That’s up from an increase of 7.8% in the 12 months to January 2023, and the 8.2% increase in the 12 months to December 2022.

February is the seventeenth consecutive month where the annual increase in the CPI has been at least 5%.

The largest increases were a 26% rise in housing, water, electricity, gas and other fuels; and a 13.1% rise in food and non-alcoholic beverages.

 
Him and his cartel might be the most corrupt president in history. @Red as much as you cry about Trump every 35 seconds I'm not surprised that your hypocriteness doesn't care about this. Fish be like "inflation is still rising that's a good thing..."

Bank records obtained by the House Oversight Committee investigating Hunter Biden's business dealings reveal that Rob Walker, a Biden family associate, used his company to transfer money from a Chinese energy company to Hunter Biden, James Biden, Hallie Biden, and an unknown "Biden," the panel said Thursday.

Hallie Biden, Beau Biden's widow who had a romantic relationship with Hunter Biden for a short time, received $35,000 over two transfers in 2017, according to the records. House Oversight Committee Chair James Comer, R-Ky., says Chinese firm Energy HK Ltd. wired Walker, a family Biden associate, $3 million just before those transfers.

Walker then sent hundreds of thousands of dollars to the Biden family.

 
So Biden is signing EI
The Thriller said:
Ew! Gross! Trump is going to destroy this guy. So weird and socially awkward. And Ron can’t go on the attack because he’s competing for Cult 45 voters. Can’t wait for Trump to make fun of this. Barring a stroke or some act of god, Trump is easily going to be the nominee in 24.


View: https://twitter.com/jakelahut/status/1636337913230139394?s=46&t=QT7YFlZ_IlHq81PpZAhKgw


View attachment 14043
View attachment 14044
Click to expand...

I actually like DeSantis more. Thriller and his cult minions have the maturity of Trump basically being triggered over this. Thriller helping his favorite dude Trump spew propaganda. WHat a child lol. OMG he eats pudding lol. What else are you children going to cry about? This is about as stupid as it gets.
 
All it takes for some people to like a candidate more is if that candidate eats his pudding with his fingers. Very important trait for a president lol.
 
You must log in or register to reply here.

Share this page
Back
Top