Back when Donald Trump was president, every time something went wrong or even when it just went not-great, critics loved to ask, “Are you tired of all the winning yet?”
Well, Donald Trump is no longer president. Joe Biden is.
And we have to ask … are you tired of all the winning yet?
Producer Price Index (PPI) came in at 9.6% y/y, higher than the estimate of 9.2% and Oct's 8.8%. New record high. Strong increases across all categories. We started 2021 with PPI below 2% y/y and now we're nearly at 10%. pic.twitter.com/IhMz8iv0F0
— Liz Young (@LizYoungStrat) December 14, 2021
BREAKING! US Producer Prices rose 9.6% YoY, higher than expected. Core #PPI up 7.7% YoY, also much higher than expected. #Inflation pic.twitter.com/QDQQYWEFKI
— jeroen blokland (@jsblokland) December 14, 2021
Last week we found out that inflation was up 6.8%. With producer prices up almost 10%, it looks like inflation is here to stay for quite some time.
Maybe the experts should start expecting things. https://t.co/nx4M0GvFZG
— Stephen L. Miller (@redsteeze) December 14, 2021
Higher than expected by whom? We all saw this coming.
— 🚚 Jeff 🐓 (@walzmyn) December 14, 2021
What would’ve been truly shocking is if the lines on that graph hadn’t shot way up like that.
Spoiler: this isn’t good news. https://t.co/cWse6BW2La
— Kasey Skala (@kmskala) December 14, 2021
https://twitter.com/patriotic_giant/status/1470758557675143176
We feel your pain.
— Jeff Pesos CEO of what? ™ (@CryptoDuckyNr1) December 14, 2021
https://t.co/HsAg3Qli6t pic.twitter.com/t6hNQeLCZv
— Bas Peters 🍿 (@Bas_02) December 14, 2021
That’s the thing: Biden et al. actually believe we should be OK with all this.
Time for another CNN townhall.
— Walsh. John Stephen Walsh. (@jswriter65) December 14, 2021
Hard pass.
— Frog on a Stoop (@yellerofthings) December 14, 2021
What changed in January? Seems like there must have been something that happened that caused this historic spike in economic pain. I can't put my finger on it, what could it be?
— Henry Chinaski, Universally Muted Opinions (@ashsoles) December 14, 2021
Keep at it … we’re sure you’ll figure it out.
From transitory to the moon. https://t.co/j5imxsC3ht
— Sean Agnew (@seanagnew) December 14, 2021
The sky's no limit for this administration. Inflation is expected to reach low earth orbit in the coming months then on to it's expected Mars landing in December of 2023. https://t.co/CQTTXPxo3c
— Henry Chinaski, Universally Muted Opinions (@ashsoles) December 14, 2021
Another prediction:
Jen Psaki will tell us today that it is good for us.
— TRM (@TRM81611) December 14, 2021
We’re tired of all the winning.
