Authored by MN Gordon via EconomicPrism.com,
Recession. Raging consumer price inflation. A Presidential administration that seeks to confuse and obfuscate what’s really going on. These are the realities facing American workers in the dog days of August circa 2022.
For example, this week the Bureau of Labor Statistics released the Consumer Price Index results for July . According to the government number crunchers, the CPI decelerated from an annualized rate of 9.1 percent reported for June to an annualized rate of 8.5 percent in July.Gas prices fell 7.7 percent from one month ago. But are still up 44 […]
Read the rest of this story here: www.zerohedge.com
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