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BIDEN TRIES TO BLAME PUTIN FOR INFLATION AND GAS PRICES
The US consumer price index surged by 7.9% in the year to February 2022, propelling the country's inflation rate to its highest figure since January 1982.
So, if you got a 3% salary merit increase this year, your real wages have actually decreased. Inflation wiped out the increase and more of your salary.
Inflation is simply a form of taxation.
The CPI does not include increases for energy inflation. So, the actual rate of inflation is much greater.
I estimate that it is well over 10%.
So, your real wages have decreased even more if you consider energy inflation.
If you are on a fixed income, this is devasting.
But Biden and his crew of miscreants are trying to blame inflation on Putin.
Biden is the root cause of the United States high rate of inflation.
Don’t let him blame anyone else.
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