The reality of Bidenomics is that nothing is better

President Joe Biden briefly came here to Eagle County 10 months ago to dedicate his first national monument as president. It didn’t take all that long for that speech to become political, with him bragging about the Inflation Reduction Act he had just signed, saying it “constituted the largest investment in climate ever in [the] history of the world.”

He also said in that speech that his son Beau lost his life in Iraq, which isn't true, but that is a story for another day.

Ten months later, inflation continues to run significantly above the average for the last quarter century. The latest inflation numbers are lower than they were at their peak of 9.1% in 2022, but prices continue to rise. Prices today are 3% higher than they were last year, which were 9.1% higher than they were a year before. So even if the rate of price increases has slowed, it is not as though consumers are getting a discount.