Another bank-breaking, 40-year high spike in consumer prices: 8.5% from last year. That’s 11 straight months of Bidenflation at 5% or higher.
Core consumer prices – stripping out food and energy – spiked an eye-popping 6.5%.
Biden has now cycled through claiming inflation is temporary, to insisting it’s a good thing, to blaming small businesses, supply chains, corporate greed, Putin, the supply chain again, oil producers, and now back to Putin again. But he can’t explain away almost a year of extremely accelerated inflation by pointing to Putin’s invasion in late February.
Americans agree with the even liberal economists who say Biden’s policies levied this inflation tax. That’s why Americans overwhelming disapprove of Biden’s handling of inflation. From this past week:
This is Biden’s inflation, and he needs to own it.
