It seems every chance the mainstream media (MSM) gets, it tells us things really aren’t that bad. For example, the headline from the Associated Press (AP) said, “Consumer prices on the rise, but inflation outlook is benign.” Who approves the headlines at the AP? Prices are rising, but there is no inflation? Aren’t rising prices the main ingredient of inflation? The story goes on to say, “Consumer prices rose modestly in January on higher costs for food, gas, rent and clothing. But economists downplayed the increase, saying inflation will likely ease in the coming months as prices for raw materials level off.” (Click here for the complete AP story.)
I wonder where the people who write for the MSM shop for groceries and buy their gasoline.
if this was a Republican, there'd be spittle flying from the outrage of inflation.
ReplyDeleteEvery time I hit Wal-Mart I get sticker shock.