{"id":1434201,"date":"2022-04-12T21:45:46","date_gmt":"2022-04-13T01:45:46","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1434201"},"modified":"2022-04-12T21:45:58","modified_gmt":"2022-04-13T01:45:58","slug":"breitbart-business-digest-bidenflation-nation","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/breitbart-business-digest-bidenflation-nation\/","title":{"rendered":"Breitbart Business Digest: Bidenflation Nation"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">10<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbreitbart-business-digest-bidenflation-nation%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1434201&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/04\/Biden-Harris-Sticker-640x335-1.jpg\" class=\"ff-og-image-inserted\" alt=\"image\" \/><\/div>\n<p class=\"subheading\">Consumer prices <a href=\"https:\/\/www.breitbart.com\/economy\/2022\/04\/12\/u-s-inflation-jumped-8-5-in-past-year-highest-since-1981\/\">rose<\/a> 8.5 percent\u00a0in data\u00a0released Tuesday, marking the highest spike the United States has seen since 1981.<\/p>\n<p>It\u2019s horrifying, if not overly surprising, that it was also revealed that energy prices are up 32 percent for the last 12 months. Food prices continue to balloon as well.<\/p>\n<figure id=\"D-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"M-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"gmxrevmore\" class=\"H\"><\/figure>\n<p>Some <a href=\"https:\/\/www.breitbart.com\/economy\/2022\/04\/12\/bidenflation-american-families-face-steeply-higher-food-prices\/\">lowlights<\/a>:<\/p>\n<figure id=\"M-ROS-B2\" class=\"a8d\"><\/figure>\n<ul>\n<li>Ground beef: up 13.8 percent<\/li>\n<li>Steaks: up 16.4 percent<\/li>\n<li>Bacon: up 18.2 percent<\/li>\n<li>Pork chops: up 13.8\u00a0percent<\/li>\n<li>Chicken: up 13.4\u00a0percent<\/li>\n<li>Fresh fish: up 11.3 percent<\/li>\n<li>Fresh whole milk: up 14.5 percent<\/li>\n<li>Coffee: up 11.2 percent<\/li>\n<li>Fresh fruit: up 10.1 percent<\/li>\n<li>Lettuce: up 12.0 percent<\/li>\n<li><span>Soups: up 10.3\u00a0percent<\/span><\/li>\n<li>Baby food: up 10.8 percent<\/li>\n<li>Breakfast cereal: up 9.2 percent<\/li>\n<li><span>Biscuits and muffins: up 10.8 percent<\/span><\/li>\n<li>Lunch meats: up 12.7\u00a0percent<\/li>\n<\/ul>\n<p>The cost of shelter also is <a href=\"https:\/\/www.cnbc.com\/2022\/04\/12\/consumer-prices-rose-8point5percent-in-march-slightly-hotter-than-expected.html\">up 5 percent<\/a> from twelve months ago, which is the quickest clip in over 30 years.<\/p>\n<p>Yes, Americans are rapidly getting poorer, especially\u00a0<a href=\"https:\/\/twitter.com\/carney\/status\/1512752235717009411\">poorer Americans<\/a>. And it\u2019s becoming clear that the unrest is palpable for Democrat politicians. After all, Biden did suggest last December that inflation was nearing its peak. Instead, it seems like there is little sign of abatement coming.<\/p>\n<p>\u201cThe Federal Reserve and the Administration failed to act fast enough, and today\u2019s data is a snapshot in time of the consequences being felt across the country,\u201d Sen. Joe Manchin (D-WV) <a href=\"https:\/\/www.breitbart.com\/politics\/2022\/04\/12\/failed-act-fast-enough-manchin-publicly-slams-joe-biden-inflation\/\">stated<\/a> in a press release today.<\/p>\n<p>Perhaps Manchin is correct that the Fed didn\u2019t do all it could to get ahead of the oncoming crisis, but our view is that Joe Biden didn\u2019t merely fail to slow inflation, he knowingly accelerated it. By pumping trillions of dollars into our economy and stifling our energy sector, inflation got worse specifically because of his decisions. Not to mention, he still has no apparent plan to address supply chain issues that are affecting Americans and our consumer markets every day. The <a href=\"https:\/\/www.breitbart.com\/economy\/2022\/04\/09\/report-walgreens-rationing-baby-formula-supply-chain-woes\/\">latest examples<\/a>\u00a0of this are bare shelves in the baby formula aisle of your local grocery store and rationing coming to\u00a0your pharmacy.<\/p>\n<p>In an effort to\u00a0<em>do something<\/em><em>\u00a0<\/em>about gas prices, President Big Joey <a href=\"https:\/\/www.breitbart.com\/politics\/2022\/04\/12\/watch-live-president-biden-announcing-ethanol-rule-waive-as-inflation-hits-40-year-high\/\">announced<\/a>\u00a0today that he will waive the ban on the sale of higher-ethanol gasoline blends that typically <a href=\"https:\/\/www.breitbart.com\/news\/biden-to-suspend-ethanol-fuel-ban-to-lower-gas-prices-this-summer\/\">goes into effect<\/a> during the summer months. In other words, this will have no immediate impact on the current pain at the pump.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Consumer prices rose 8.5 percent\u00a0in data\u00a0released Tuesday, marking the highest spike the United States has seen since 1981. It\u2019s horrifying, if not overly surprising, that it was also revealed that<\/p>\n","protected":false},"author":16,"featured_media":1891782,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1434201","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1434201","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1434201"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1434201\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1891782"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1434201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1434201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1434201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}