Joe Biden’s Out of Ideas about Inflation

President Biden began his Wall Street Journal op-ed on inflation by writing, “The global economy faces serious challenges.” He’s right about that and not much else.

The very next sentence is misleading, as it alludes to the “Putin’s price hike” canard that holds the Russian dictator responsible for price increases that started months before his armies invaded Ukraine. Russia’s war in Ukraine may have put further pressure on the prices of some things, but it’s not the root cause of our inflation problems. As we wrote in April, Biden is deluding himself and his party if he...