Inflation has hit a 40 year high and is on track to hit 7.5% in the next 12 months, the biggest spike since 1982. Joe Biden says it's temporary, but it's not. Inflation is a tax on the middle class. It's another reminder that America's budgets are being stretched in ways that create real stress at the kitchen table. The average American is feeling the pain that the DC bubble refuses to understand, acknowledge, or appreciate. The Biden administration and the media need to stop showering themselves with praise over the economy and how great they're doing. They're crushing prosperity, and their policies are crushing people's futures. What's going on with inflation and the economy? Is it temporary or is it a permanent problem that needs to be dealt with? I'll tell you what, it's permanent and it's worse than anyone could have ever imagined. Click here for the latest inflation update from the Bureau of Labor and Statistics. Click here to see the latest from the BLS and BLS on inflation and real wages have been hit the highest level in 40 years! Learn more about your ad choices. Rate/subscribe in Apple Podcasts! Rate, review, and subscribe to our new podcast Podcoin! Subscribe, review and subscribe on Apple Podcast. Please tell a friend about what you're listening to this podcast and what you think of our podcast! Thank you for listening and share it on your social media! and share the podcast with your friends! Timestamps, comments, reviews, and thoughts on the podcast! :) and your thoughts and shout outs! We'll be looking out for the next episode of this podcast in next week's next episode on the Hillcrack pipes and more! - Tom Pizzi - Timestop Tweet me in the comments section! <3 - Tom's new book is out next week Tim's new album is out on Podcoin's newest song is out! @ is on Tuesday, November 20th, by Tom's newest podcast episode is . by Tim's newest album is , or by , and & by @ Tom's podcast is out now! by Jim's new song is by my new album will be out next Tuesday, is out in the second episode is out soon! Thanks for listening to the podcast?
00:00:18.000They'll be just fine. But unless you made a 7.5% raise, you are losing money annually, okay?
00:00:26.000If they're admitting to 7.5%, imagine how bad it really is.
00:00:32.000Imagine what they're probably not telling you.
00:00:33.000Because remember, all these people told you, Don't worry about inflation.
00:00:36.000It's not a big deal. So on top of a supply chain crisis, skyrocketing inflation is exactly why the Biden administration and his media lackeys need to stop showering themselves with praise over the economy and how great they're doing.
00:01:21.000It's the tax on hard-working men and women of America, right?
00:01:27.000This is not just food and energy prices.
00:01:30.000Look at what's happening with rents and The Biden administration is essentially crushing prosperity, especially for middle and lower income earners.
00:01:40.000Despite what some economists will say who are just Democrat shills, inflation hits the lowest income earners the most.
00:01:46.000If you have the least amount of disposable income, jacking the price of things up is going to hit you hard.
00:01:52.000I don't care what other people will say, they can fact check me on that one.
00:01:55.000I understand it's their stated mission in life to run cover for the Democrats, but Now I think we know why they're passing out the crack pipe, folks.
00:02:24.000What they're not going to talk about is a 40-year high where the middle class and the working class of this country are getting crushed because of stupid policies.
00:02:33.000Not Joe Biden's policies, folks, because we all understand that I don't think anyone believes that Joe Biden is implementing any of these policies.
00:02:39.000He's signing whatever the Democrat people in charge are putting in front of him, and they're crushing American prosperity.
00:02:46.000They're crushing the American middle and working class.
00:03:35.000Joe Biden called inflation temporary in July of last year, and somehow that context isn't included when Joe Biden earlier today said, uh, weighs in on the inflation area.
00:03:45.000Well, today is a reminder that America's budgets are being stretched in ways that create real stress at the kitchen table.
00:03:52.000There are also signs that we can make it through this challenge.
00:03:58.000We may not drop dead, but we're crushing prosperity.
00:04:03.000We're crushing people's futures, their retirements.
00:04:07.000And that's what's going on right now, guys.
00:04:09.000So Biden administration, maybe you want to keep passing out the crack pipes, or maybe you'll want to implement some good conservative policies like Donald J. Trump had an office where we didn't see these problems.
00:04:26.000And we certainly didn't have the cheerleaders covering for us, so imagine how much worse it actually is than what they're telling us and what you are hearing and seeing on the news, okay?
00:04:36.000Imagine how much worse it is considering that the vast majority of the people reporting on this are really rooting for the guy and the team, the Democrats, that's causing all of this heartache.