The Consumer Price Index report is going to be released at 8:30 this morning and it is going to be a doozy, numbers we haven’t seen in a very long time. The White House is already warning the number is going to be huge:
Inflation Report Incoming
Of course Raggedy Ann, aka Jen Psaki, is spinning this to blame Poootin and gas prices, hoping nobody remembers that gas prices were already skyrocketing and inflation has been a problem long before Vodka Man Bad invaded Ukraine.
That is a handy chart, I took it from Gas Buddy and added the markers in red. Share it on social media whenever people blame Putin for gas prices. Yes, gas has gone up a bunch since the invasion but it was already going up even beforehand.
Consensus is for a CPI increase in February of 7.9% but I wouldn’t be shocked at all if it is 8% or more.
Even better news, we haven’t really felt the impact yet of the recent fuel price increases. March’s CPI numbers are going to be ugly.
Speaking of ugly, the last year has really taken a toll of Psaki, she looks rough. She is 43 I think but she looks like a chick in her mid to late 50s that has spent her adult life drinking and smoking, getting rode hard and put away wet by a series of creepy unemployed dudes in stained wife-beaters. She was never much to look at but wow she has gone into a tailspin.