UFO Nonsense Distraction
The Consumer Price Index rose 3.8 percent in April from a year earlier, the Labor Department reported on Tuesday, up from a 2.4 percent annual increase before the conflict started in February and a 3.3 percent increase in March.
The economics team at RSM, a consulting firm that specializes in forecasting, projects that as the supply shock from the war in the Middle East works its way through the U.S. economy, inflation will peak “at or above” 4.5% on annual basis sometime this summer.
Unless these UFOs are going to take away, the toxic idiot in the white house, we should stop getting distracted by these bogus stories.