Drudge Retort: The Other Side of the News
Thursday, March 26, 2026

The war in Iran will lead to a surge in inflation this year, as the closure of the Strait of Hormuz pushes up prices for oil, gas and other commodities, the Organization for Economic Cooperation and Development said on Thursday.

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The inflation rate in the United States will average 4.2 percent this year, more than 1 percentage point higher than the group's previous forecast, made late last year, the Paris-based organization said. Across the Group of 20 nations, inflation is forecast to average 4 percent this year, 1.2 percentage points higher than previously expected.

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Thanks, MAGAts.

#1 | Posted by Doc_Sarvis at 2026-03-26 10:46 AM | Reply

The 4.2% protection is

a sharp step up from the prior projection of 2.8%. Moreover, it is much higher than the 2.7% Fed officials estimated when they updated their own forecasts last week.

The revision is due to two primary factors: the war in the Middle East, and the ongoing impact from U.S. tariffs that, while lower than prior levels, continue to boost prices around the world.
("Global forecasting group sees U.S. inflation at 4.2% this year, much higher than Fed estimate,"
www.cnbc.com

#2 | Posted by Doc_Sarvis at 2026-03-26 11:14 AM | Reply

American retirees will feel this Dummkopf Trumpf/Bibi Netanyahu-created inflation harder.

"Inflation ticked up in recent months, resulting in a 2.8% COLA for 2026 for people receiving Social Security and SSI payments. SSA estimated that the average retirement benefit would rise by about $56 a month, from $2,015 to $2,071, starting with payments that began going out in January 2026. That sounds like a meaningful boost - until you look at what Medicare is taking back simultaneously.

The Centers for Medicare and Medicaid Services announced that the standard monthly premium for Medicare Part B, which covers doctor visits and other outpatient care, climbed in January from $185 to $202.90, a 9.7% increase. That effectively reduced the increase to the average Social Security check in 2026 from $56 to $38.10, after subtracting the Part B increase of $17.90 from the 2026 COLA raise. In that scenario, the Part B increase consumed almost 32% of the monthly increase. For retirees on fixed incomes, a real-dollar gain that shrinks by nearly a third before it even hits a bank account is far from the relief the headline number implies."


~snip~

These are financial problems that US and Israeli mega-oligarchs, as well as the good-for-nothing members of the Trumpf Crime Family (TCF), will never have to deal with.

Source: www.msn.com

#3 | Posted by C0RI0LANUS at 2026-03-26 11:52 AM | Reply

Import prices jump almost 2% last month.

If they think inflation is going to be ONLY 4.2%, they're nuts.

#4 | Posted by Sycophant at 2026-03-26 11:56 AM | Reply

Don't worry, inflation, poverty, terrible healthcare, malnutrition, five dollars a gallon for diesel gas, hospital closures, or homelessness won't affect the fabulously wealthy oligarchs who are enjoying Lobster Thermidor or finely-aged Tenderloin Steaks, all guzzled down with Dom Perignon.


#5 | Posted by C0RI0LANUS at 2026-03-26 12:11 PM | Reply

"It's transitory."

#6 | Posted by BellRinger at 2026-03-26 01:10 PM | Reply

Postal Service to Impose Its First-Ever Fuel Surcharge on Packages
The 8% fee, to cover rising fuel and transportation costs, will be applied to packages

www.wsj.com

The brain dead orange child rapist did that.

#7 | Posted by reinheitsgebot at 2026-03-26 01:35 PM | Reply

Inflation plus this wonky weather plus rising energy prices plus [insert latest stupidity from this administration]...

I've noticed groceries have jumped again. Certain items in particular are crazy high, like bell peppers. Reds are $2 a piece and greens are $1.40 a piece when they're usually $1.39 and $0.89, respectively.

#8 | Posted by jpw at 2026-03-26 01:51 PM | Reply

"It's transitory."

#6 | Posted by BellRinger

And you wonder why you're treated like the piece of s*&^ you are...

The disaster you voted in to office is directly, DIRECTLY, responsible for the mess we're in. Biden was dealing with circumstances out of his control.

If you can't understand the difference, just STFU and admit you have no seat at this table with the adults.

#9 | Posted by jpw at 2026-03-26 01:52 PM | Reply

#9. I remember all of the BS excuses the MSM came up with. Parroting the administration word for word. You did it too.

#10 | Posted by BellRinger at 2026-03-26 02:00 PM | Reply

You remember what you were told to remember, dumbf*&^.

Which is why you'd be stupid enough to vote Trump then flippantly chirp 'BuT BiDenZ' every time your mistake becomes apparent.

#11 | Posted by jpw at 2026-03-26 02:07 PM | Reply

You voted for this mess we're in, dumbf*&^. Anyone with an ounce of integrity or dignity would STFU at this point.

#12 | Posted by jpw at 2026-03-26 02:08 PM | Reply | Newsworthy 1

Anyone with an ounce of integrity or dignity would STFU at this point.

#12 | POSTED BY JPW

I think you've put your finger on the problem.

#13 | Posted by Zed at 2026-03-26 02:15 PM | Reply | Newsworthy 1

I remember 9+% inflation, idiot.

#14 | Posted by BellRinger at 2026-03-26 02:31 PM | Reply

Doesn't matter what you remember if you're too dumb to understand the cause-and-effect relationships that lead to it.

#15 | Posted by jpw at 2026-03-26 03:07 PM | Reply

I remember 9+% inflation

#14 | POSTED BY BELLRINGER

If it were possible for you to remember everything you know, you'd be a Democrat.

#16 | Posted by Zed at 2026-03-26 03:14 PM | Reply

Yeah, I said it was decades in the making and was exacerbated by a massive spending bill.

#17 | Posted by BellRinger at 2026-03-26 03:14 PM | Reply

Decades in the making, huh?

#18 | Posted by jpw at 2026-03-26 03:23 PM | Reply

"I remember 9+% inflation"

January's inflation was .8%; that's 9.6% compounded.

February's inflation was .7%; that's 8.4% compounded. And that's just what they're admitting.

I'm sure March will be cheaper, due to gas and grocery prices dropping like Trump promised.

And, of course, Rx bills dropping by 1500% definitely helps.

#19 | Posted by Danforth at 2026-03-26 03:28 PM | Reply

Yeah, I said it was decades in the making and was exacerbated by a massive spending bill.

#17 | POSTED BY BELLRINGER

Yes. The BBB.

The One Big Beautiful Bill Act (OBBBA), signed into law by President Trump on July 4, 2025, is projected to significantly increase the U.S. federal deficit, with estimates suggesting it will add between $3.4 trillion and $4.1 trillion to the national debt over the 2025"2034 period.

The fiscal year 2026 defense budget is set for roughly $838.7 billion to $901 billion, contributing to significant national debt, with proposals to increase spending by $5 trillion through 2035. This rise could add $5.8 trillion to the national debt over the decade.

Trumpy just asked Americans for another $200 billion more for his poorly planned and unnecessary illegal war (that is not a war).

Deficits only matter when democrats are in power. Of course.

#20 | Posted by donnerboy at 2026-03-26 03:48 PM | Reply

Thanks BBB!

Thanks Bibi!

"You broke it, but we ended up buying it."
Signed,
The non-Islamophobic, peace-loving, hardworking American taxpayer.

#21 | Posted by C0RI0LANUS at 2026-03-26 03:56 PM | Reply

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