In shocking news, prices are rising.

Dow drops by 500 points after a surprisingly bad inflation report – CNN

Surprisingly bad.

This comes after the media had spent weeks insisting that Americans were mentally ill or delusional for thinking that the economy was bad. And no, I’m not exaggerating. Headline after headline pretended to psychoanalyze the country.

Americans are unusually down on a solid economy. NBC News

Why Americans Hate a Good Economy- The Atlantic

‘The economy isn’t sick right now,’ economist says—here’s why Americans still feel like it is – CNBC

Meanwhile, any normal human beings who still shop for goods and services knew this was coming.

The consumer price index accelerated at a faster-than-expected pace in March, pushing inflation higher and likely dashing hopes that the Federal Reserve will be able to cut interest rates anytime soon.

The CPI, a broad measure of goods and services costs across the economy, rose 0.4% for the month, putting the 12-month inflation rate at 3.5%, or 0.3 percentage point higher than in February, the Labor Department’s Bureau of Labor Statistics reported Wednesday. Economists surveyed by Dow Jones had been looking for a 0.3% gain and a 3.4% year-over-year level.

Excluding volatile food and energy components, core CPI also accelerated 0.4% on a monthly basis while rising 3.8% from a year ago, compared with respective estimates for 0.3% and 3.7%.

The government keeps burning cash while the economy remains unstable. I’m sure Biden will pop up with a potato chip Tiktok video anytime now, but the bottom line is that there are shortages and unexpected price bumps all over, combined with a messy labor situation, which means that costs will keep on rising.

With inflation back up, the long-predicted storm clouds in the economy may actually be forming – CNN

They’re not reforming, they never went away.

And since the only way politicians wield power is by spending money, the odds are that we’re in for a difficult time. There are ways to either quickly goose the economy or to stabilize things, and knowing politicians they’ll go for the former, but Biden hasn’t even tried to do anything that doesn’t involve diverting money to his special interests.

The media was determined to lie about the economy when it could have learned the truth by listening to the public. But the media had to keep the lies up in the hopes of protecting Biden. And liars eventually come to believe their own lies and then are surprised to find that they were lying all along.