Inflation went from 1.4% under Trump to 7% under Biden

 The Lid:

It’s official. Joe Biden is the inflation president. Biden’s Economy

Inheriting an inflation rate of 1.4 percent from Donald Trump, Joe Biden has delivered in his one year in office price increases, not double or even triple but more than quadruple the rate he inherited. As everyone who purchases virtually anything will attest, prices are higher, much higher – with an annual rate for 2021 of 7 percent.

And the situation is likely to get significantly worse as supply chain woes continue to afflict every aspect of our economy as American consumer dollars are going to be chasing fewer and fewer goods as store shelves are becoming barer and barer.
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In Pennsylvania, there are “empty shelves left and right.”
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There are “near empty” shelves in Texas, as residents have to go to as many as “3 different stores” to find products.
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In Georgia, essential food products are in short supply.
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In California, consumers are facing empty grocery shelves.
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In the Washington, DC metro area, it’s a “far cry from the good old days…empty shelves, empty produce, empty freezers.”
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There is much more including pictures of the empty shelves.

The Biden administration appears clueless as to how to deal with the supply chain problem.  I have seen no evidence of a task force working on the problem of just getting food into the stores.  It is starting to look like the old Soviet Union.  The only thing missing so far is the bread lines.

Much of the supply chain woes for hardware and other goods is attributed to the West Coast ports' inability to just unload ships.  The administration dealing with that is to hide the ships further offshore to avoid the photo ops, which does nothing to solve the supply problem.  There is no attempt to fix the problems at the California ports.  Meanwhile, the Port of Houston continues to operate efficiently and smoothly.

I have seen no plan to deal with the trucking shortage for inland distribution.  Biden's mishandling of oil and gas has also driven up the price of just getting good to market when truckers are available.

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