Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Amishman
Amishman's Journal
Amishman's Journal
June 15, 2021
Not good. Joe needs to sit on the Fed and get them to start taking action to put the brakes on this. CPI is a lagging indicator, and spot data (commodity prices, real estate prices, etc) suggest this isn't slowing down.
Betting employers still think they're going to pat the employees on the head and tell them 2.5% is a good raise...
Consumer Price Index hits record YoY increase, 6.6%
https://www.cnn.com/2021/06/15/economy/producer-price-inflation-may/index.htmlNot good. Joe needs to sit on the Fed and get them to start taking action to put the brakes on this. CPI is a lagging indicator, and spot data (commodity prices, real estate prices, etc) suggest this isn't slowing down.
Betting employers still think they're going to pat the employees on the head and tell them 2.5% is a good raise...
Profile Information
Member since: Wed Nov 12, 2014, 12:35 PMNumber of posts: 5,555