Another Biden Record: Inflation Rose 7% in 2021 to Highest Level Since 1982
Inflation rose 7% in 2021 the highest level in 39 years since 1982 when it was 7.1%.
Inflation was up 5.5% excluding food and energy.
This is a disaster.
BREAKING Inflation just hit 7%—the highest rate since 1982.
This trend isn’t “transitory,” and it’s all happening under Democrats’ one-party control. pic.twitter.com/GfEhPQ67xy
— Kevin McCarthy (@GOPLeader) January 12, 2022
Goods inflation of 10.7%. Every single sub measure was above expectation. pic.twitter.com/7yNA2lZT4C
— Henry Lowell (@HenryLowell5) January 12, 2022
CNBC reported:
Inflation plowed ahead at its fastest 12-month pace in nearly 40 years during December,
