While working Americans struggle, the Biden administration continues to pursue economic and social policies that augment rather than fight inflation.
Remember back in 2021 when the Biden administration, let by Treasury Secretary Janet Yellen , guaranteed to the American people that inflation was “transitory” and would soon pass?
Yellen has since switched her tune and now says bringing down inflation is Joe Biden’s top priority. If that is the case, he and his administration need to refocus. Whatever they’re doing is not working, and working Americans are suffering for it.
These numbers are devastating for working-class Americans, and even the corporate media is starting to recognize the problem.The latest Producer Price Index, which shows the changes in prices that manufacturers pay to suppliers — in other words, the appetizer to next month’s consumer inflation rate — came in hotter than expected on Tuesday at 2.2% for the 12 months ending […]
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