Biden’s Inflation Problem

Posted on AllSides November 11th, 2021
From The Right
inflation, Joe Biden, economy
Evelyn Hockstein/Reuters
OPINION

There’s no way to spin it: Wednesday’s inflation report is bad news for the country economically and for the president politically. The year-over-year overall increase was 6.2 percent, the highest rate in over 30 years. It wasn’t from any particular category of expenditure, either. According to the Bureau of Labor Statistics, the increase was “broad-based,” with significant increases in energy, food, and shelter.

The standout category in this month’s report was energy, which rose 30 percent overall since last year and — incredibly — 4.8 percent in just the last month. More specifically, gasoline...

Read full story
Some content from this outlet may be limited or behind a paywall.

National Review

AllSides Media Bias Rating: Right
AllSides Media Bias Rating: Right
111382/86444
See full bias rating for National Review
Learn about media bias
https://www.nationalreview.com/2021/11/bidens-inflation-problem/

More News about Economy and Jobs from the Left, Center and Right

From the Left

From the Center

From the Right