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The PJ Tatler

by
Bryan Preston

Bio

March 31, 2011 - 10:35 am

The Obama administration is basically a more ideological, less competent Carter administration without the diversion of bunny-clubbing.

U.S. consumers face “serious” inflation in the months ahead for clothing, food and other products, the head of Wal-Mart’s U.S. operations warned Wednesday.

The world’s largest retailer is working with suppliers to minimize the effect of cost increases and believes its low-cost business model will position it better than its competitors.

Still, inflation is “going to be serious,” Wal-Mart U.S. CEO Bill Simon said during a meeting with USA TODAY’s editorial board. “We’re seeing cost increases starting to come through at a pretty rapid rate.”

When he left office in 1981, Carter handed President Reagan a stratospheric Misery Index of nearly 20% and a major hostage crisis in Iran. It looks like Obama is doing his best to beat that record.

Bryan Preston has been a leading conservative blogger and opinionator since founding his first blog in 2001. Bryan is a military veteran, worked for NASA, was a founding blogger and producer at Hot Air, was producer of the Laura Ingraham Show and, most recently before joining PJM, was Communications Director of the Republican Party of Texas.
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