Bad news for Biden (and all Americans): Inflation is creeping higher at the worst time
·1 min
Inflation Soars to Highest Level in Six Months #
There’s rarely a good time for prices to rise a lot, and President Joe Biden is facing a particularly bad time as inflation reaccelerates. According to a recent report, inflation has soared to the highest level in six months with prices up 3.5% for the year in March. Despite the economy’s positive performance, Biden is learning that good data does little to change how people feel about the economy, while bad economic data, especially regarding inflation, guarantees people won’t be feeling better. Struggling Americans have seen prices increase by 19% since Biden took office. Biden remains optimistic and highlights areas where prices are lower, but the overall trend is of concern.