Bidenomics – Inflation Is Impacting All Americans with No Signs of Slowing Down | Joe Hoft


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Bidenomics – Inflation Is Impacting All Americans with No Signs of Slowing Down

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Inflation under the Biden/Obama regime is out of control.

The latest Consumer Price Index report shows that overall prices are up 19.4% since Joe Biden took office. CNBC reported that the CPI data is “hotter than expected.”

The inflation report follows Biden’s former Chief of Staff’s closed-door comments that “you go to the grocery store and, you know, eggs and milk are expensive.”

The latest CPI data shows that the price of eggs has increased 49.3% since Joe Biden took office.

Here is the rise in price for goods and services since January 2021:

Food at elementary and secondary schools65.0%
Fuel oil59.4%
Other motor fuels54.1%
Motor vehicle insurance50.1%
Other lodging away from home including hotels and motels49.4%
Gasoline, unleaded regular48.2%
Frozen noncarbonated juices and drinks47.8%
Gasoline (all types)47.8%
Motor fuel47.7%
Energy commodities47.6%
Gasoline, unleaded midgrade46.8%
Gasoline, unleaded premium46.0%
Leased cars and trucks45.0%
Fuel oil and other fuels44.3%
Lodging away from home42.6%
Repair of household items40.9%
Motor vehicle repair40.5%
Other fats and oils including peanut butter40.1%
Crackers, bread, and cracker products38.2%
Transportation services38.0%
Fats and oils35.3%
Video discs and other media35.1%
Flour and prepared flour mixes33.5%
Airline fares32.7%
Butter and margarine32.0%
Other bakery products30.7%
Salad dressing30.6%
Admission to sporting events30.6%
Frozen and refrigerated bakery products, pies, tarts, turnovers30.5%
Baby food30.5%
Delivery services30.4%
Food from vending machines and mobile vendors30.3%
Motor vehicle maintenance and repair30.2%
Uncooked beef roasts29.8%
Tax return preparation and other accounting fees29.7%
Sugar and sugar substitutes29.1%
Veterinarian services29.0%
Energy services28.9%
Apparel services other than laundry and dry cleaning28.8%
Olives, pickles, relishes28.6%
Other condiments28.5%
Frozen vegetables28.2%
Care of invalids and elderly at home27.8%
Canned vegetables27.3%
Window coverings27.2%
Motor oil, coolant, and fluids27.2%
Sauces and gravies26.9%
Utility (piped) gas service26.9%
Food at employee sites and schools26.8%
Canned fruits and vegetables26.8%
Stationery, stationery supplies, gift wrap26.7%
Pet services including veterinary26.7%
Bakery products26.7%
Fresh biscuits, rolls, muffins26.2%
Fresh whole chicken26.0%
Other uncooked poultry including turkey26.0%
Cakes, cupcakes, and cookies25.5%
Cereals and bakery products25.4%
Carbonated drinks25.1%
Other food at home25.0%
Financial services25.0%
Juices and nonalcoholic drinks24.8%
Uncooked beef steaks24.8%
White bread24.7%
Frozen and freeze dried prepared foods24.6%
Canned fruits24.5%
Other sweets24.5%
Checking account and other bank services24.5%
Processed fruits and vegetables24.4%
Beef and veal24.3%
Nonfrozen noncarbonated juices and drinks24.1%
Spices, seasonings, condiments, sauces23.8%
Other foods23.8%
Fresh cakes and cupcakes23.8%
Sugar and sweets23.8%
Pet food23.7%
Car and truck rental23.7%
Tobacco and smoking products23.6%
Fresh and frozen chicken parts23.6%
Other dairy and related products23.6%
Frozen fruits and vegetables23.4%
Motor vehicle maintenance and servicing23.4%
Women’s dresses23.3%
Domestic services23.3%
Nonalcoholic beverages and beverage materials23.2%
Other miscellaneous foods23.1%
Propane, kerosene, and firewood22.7%
Bread other than white22.6%
Candy and chewing gum22.6%
Uncooked other beef and veal22.6%
Cereals and cereal products22.5%
Limited service meals and snacks22.5%
Laundry and dry cleaning services22.3%
Public transportation22.2%
Household operations21.9%
Vehicle accessories other than tires21.9%
Other meats21.8%
Uncooked ground beef21.6%
Miscellaneous personal services21.4%
Food away from home21.4%
Meats, poultry, fish, and eggs21.3%
Roasted coffee21.3%
Floor coverings21.2%
Tools, hardware and supplies21.2%
Food at home21.1%
Full service meals and snacks21.0%
Rent of shelter20.9%
Used cars and trucks20.9%
Legal services20.8%
Photographic equipment and supplies20.5%
Breakfast cereal20.5%
Motor vehicle parts and equipment20.5%
Men’s shirts and sweaters20.4%
Rent of primary residence20.4%
Household paper products20.4%
Outdoor equipment and supplies20.4%
Tools, hardware, outdoor equipment and supplies20.3%
Owners’ equivalent rent of primary residence20.1%
Owners’ equivalent rent of residences20.1%
Rice, pasta, cornmeal20.1%
Other processed fruits and vegetables including dried20.0%
Transportation commodities less motor fuel19.9%
Meats, poultry, and fish19.7%
Pets and pet products19.6%
New trucks19.5%
Other food away from home19.4%
Dried beans, peas, and lentils19.4%
All items19.4%

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