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Biden’s Inflation Problem

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

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...

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