Need Fortune Cookie 2 Get May Inflation?

DOL May stats released Friday show inflation not only remained painfully high but edged up to 8.6% in May so that WSJ says it “marks the fastest pace of inflation since December, 1981.” Even the Fed’s chief fortune cookie reader, Yellen, (tho not Joe) now admits inflation ain’t easing any time soon.

The Biden Administration economic gurus WERE WRONG AGAIN, this time, for telling the gullible MSM that the May figures would “hold close” to April’s number that had clocked in at 8.3%. Rather than a sign inflation was “moderating” … supposedly, e.g., thanks to the Fed’s painfully late yet small increase in interest rates & Biden lifting of tariffs last week on Chinese solar paneling on the grounds it would somehow cut consumers’ energy costs … it got a tad worse still.

Fortune Cookie Memo to Joe: Consumers don’t have cars equipped with Chinese-made solar panels. And, btw, get used to those comparisons to Mr. Inflation himself, Jimmy Carter.

Davd Soul