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Inflation skyrockets to 40-year high as food, gas prices soar ctm magazine



President Biden addressed the inflation crisis in a briefing at the Port of Los Angeles Friday. CBS News senior White House and political correspondent Ed O’Keefe reports.

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24 Comments

  • Loko1980 on June 11, 2022

    вперёд Брэндон😂

  • Tumbleweedin on June 11, 2022

    It's all on YOU Brandon. GOING DOWN👎

  • Mullholland Mace on June 11, 2022

    Biden is a complete failure.👎

  • Sophie Edel on June 11, 2022

    -Economists: "Stimulus checks fueled inflation"
    -US States: "We'll be sending out more stimulus checks to help people with inflation""

  • Charlton Wylie on June 11, 2022

    Joe Biden the worst

  • Wayne on June 11, 2022

    It's all about the fuel . Diesel fuel . Delivery in trucks diesel , trains diesel , Cargo ships diesel . Each having to jack up delivery cost that all end up on the consumer . But let's blame Putin .Even if the president begged other countries to stop getting fuel and gas from Russia .And told them.The U.S would ship some of what they had to them. While also stopping the pipeline to ship more oil to the refineries in the U.S .But then blames everything else on anything he can think off .It's Putin's fault .It's the oil companies fault .It's stores price gouging fault . It's that old lady in the wheel chairs fault she is eating up all the food supply . So now because of her there is supply chain issue .And those U.F.Os people have said they had seen . It's those crafts fault too .They are working with the old lady in the wheel chair screwing up the economy .

  • Sonic Seven on June 11, 2022

    lol @ biden in that photo opp .. who even belives that lol… idiot his polices .. contributed to the inflation …. what a lunatic reporter

  • M G on June 11, 2022

    Thank you Joe Biden

  • Tracy Lanigan on June 11, 2022

    A perfect storm is developing in America. Food shortages, petrol and heating fuel shortages, baby formula shortages, automotive shortages and costs, housing prices Everything is coming together, and by the end of the year, it may be a total disaster. (or before)

  • No Name on June 11, 2022

    47 years of experience and people still voted for a lifelong basket of failed policies.

  • No Name on June 11, 2022

    47 years of experience and people still voted for a lifelong basket of failed policies.

  • No Name on June 11, 2022

    47 years of experience and people still voted for a lifelong basket of failed policies.

  • Johnny schmidt on June 11, 2022

    U picked Brandon CbS news…enjoying 👀 watching u all reel at picking Biden to win presidency

  • J F on June 11, 2022

    We can thank 4 years of trump for this current state of inflation. This isn’t Biden’s fault Inflation doesn’t happen overnight.

  • Darth Vader on June 11, 2022

    democrats did this ….. remember that at midterms

  • Lt Dan 1969 on June 11, 2022

    New Poll Finds Most Americans Believe Biden Administration Is Intentionally Letting Gas Prices Rise, and more democrats buying guns now than ever

  • patrick kinney on June 11, 2022

    You can bet on one thing, whatever Joe plans will be a screaming failure.

  • pnamie on June 11, 2022

    Every Demographic is turning on this President. No one has any respect for this old fool any more.

  • Cherubim Cherubim on June 11, 2022

    Jimmy Carter The only U.S. president to complete his term without war, military attack or occupation has called the United States “the most warlike nation in the history of the world.” The former president says peaceful China"ahead of us in almost every way."Jimmy Carter Took Call About China 'China Has Not Wasted a Single Penny on War'
    Former President Jimmy Carter told congregation that he had spoken with about China , and said the commander in chief was worried that Beijing had outpaced its global rivals.
    Carter, 94, said usa was worried that "China is getting ahead of us," and suggested the president was right to be concerned.
    He told the congregation that feared China's growing economic strength. Economic modeling indicated that China would overtake the U.S. as the world's strongest economy by 2030, and many experts have said that we were already living in what has been dubbed the "Chinese Century."
    Carter said he did not "really fear that time.
    Carter—who normalized diplomatic relations between Washington and Beijing in 1979—suggested that China's breakneck growth had been facilitated by sensible investment and buoyed by peace.
    "Since 1979, do you know how many times China has been at war with anybody?" Carter asked."None. And we have stayed at war." The U.S., he noted, has only enjoyed 16 years of peace in its 242-year history, making the country "the most warlike nation in the history of the world," Carter said.This is, he said, because of America's tendency to force other nations to"adopt our American principles."

  • pnamie on June 11, 2022

    These climate change zealots don't understand that you can't transition to green energies unless the power source is equivalent to oil and natural gas. As of today, it's not even close. I'm all for green energy, but we need to invest more in R&D to create more powerful sources of energy. Wind is practically useless and very costly to maintain. Solar is not much better, and really only works well in the Southwestern US. We need a game changer energy source. Nuclear is not a bad idea, we should have built more nuclear plants years back. Which party was blocking nuclear power? The answer is obvious, Democrats. They are the party that lacks common sense; party of fools. The only reason Democrats are a political force is because they're propped up by mega media corporations, banks, and ivy league colleges. If any of those props were removed the party would quickly implode.

  • Eric Wittman on June 11, 2022

    Elections have consequences

    The imbecile from Delaware shut down Keystone and discouraged production all over the map. Nobody is surprised.

  • Half8 RC. on June 11, 2022

    Thirty trillion in debt ain’t paid the bills in a long time. The more you have the more you owe.

  • jade a on June 11, 2022

    ITS A PUNISHMENT FROM THOSE WHO ARE NOT POPULAR OR LIKED THIS MEAN THE VOTE WAS STOLEN SO ADD THEIF TO THE LIST WOW BIDEN DID NOT WIN BECAUSE HE WAS A GOOD MAN WOW THAT MUST HURT

  • C Rutherford on June 11, 2022

    We need to unshackle the U.S. from fossil fuel dependency. There's no need to have to endlessly choose between destroying our last wild
    places, cooking the planet & kneeling to big oil barons around the world. And its going to start to run out eventually anyway, just wait and see gas prices then.

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