August inflation: it keeps getting worse

Inflation is bad and it keeps getting worse. This week’s headlines say it all.

• CNBC: August Core Inflation, Excluding Food And Energy, Rose 0.3% Hotter Than Expected
• NBC News: Inflation is driving up consumer credit card debt by billions of dollars
• Wall Street Journal: Pet Owners Resort to Cheaper Food as Inflation Weighs on Wallets
• CNN: Inflation woes persist for small businesses as they struggle to hire
• Bloomberg: Inflation Dragged Real US Household Incomes Down 2.3% in 2022
• New York Times: Poverty Rate Soared in 2022 as Aid Ended and Prices Rose

“Central Valley families continue to feel the sting of inflation because of the Biden-Josh Harder agenda. Families and businesses alike are struggling – that’s Bidenomics.” – NRCC Spokesperson Ben Petersen