Thinker101
Diamond Member
- Mar 25, 2017
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Biden spoke at Abbotts Creek Community Center in Raleigh to drum up support for his economic policies.
A widely seen January report from the Bureau of Labor Statistics said that consumer prices rose 3.4 percent in December, compared to a year ago, up from 3.1 percent in the previous month.
Food inflation rose 0.2 percent in December, and menu prices at restaurants and cafes increased faster than prices on store shelves. While inflation is below last summer's peak of over 9 percent, it is more than a percentage point higher than the Federal Reserve's target rate of 2 percent.
Afterwards, Biden visited the fast-food chain Cook Out.
One photo showed Biden in front of a menu, which listed the price of a Cook Out tray as $7.69. On October 18, 2020, Biden was in Durham, North Carolina. The cost of a Cook Out tray was $5.99. That's an increase of 28%...that's Bidenomics for ya.
MSN
A widely seen January report from the Bureau of Labor Statistics said that consumer prices rose 3.4 percent in December, compared to a year ago, up from 3.1 percent in the previous month.
Food inflation rose 0.2 percent in December, and menu prices at restaurants and cafes increased faster than prices on store shelves. While inflation is below last summer's peak of over 9 percent, it is more than a percentage point higher than the Federal Reserve's target rate of 2 percent.
Afterwards, Biden visited the fast-food chain Cook Out.
One photo showed Biden in front of a menu, which listed the price of a Cook Out tray as $7.69. On October 18, 2020, Biden was in Durham, North Carolina. The cost of a Cook Out tray was $5.99. That's an increase of 28%...that's Bidenomics for ya.
MSN
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