White House must address our inflation
The Associated Press accurately summed up the circumstances in one word: alarming. Under the key measurement the Federal Reserve uses to determine the severity of inflation, in January inflation rose at its fastest pace since June. On a year-over-year basis, the Associated Press reports, prices were up 5.4 percent. The trend dashes economists’ hopes that inflation was decelerating. But for too long, hope has simply played too great a role in how the inflationary pressures on middle-class and working-class families are being addressed. The Biden Administration’s response, as ...