Source: Common Sense
by Paul Jacob
“‘From President Joe Biden’s point of view, Americans ought to be thrilled with the recent trends in inflation,’ writes Eric Boehm at Reason, who quotes the president: ‘Wages keep going up and inflation keeps coming down.’ True enough, but, Mr. Boehm goes on, ‘pointing at the charts and regurgitating economic figures doesn’t seem to be as convincing as the president might hope.’ … prices for food and gasoline, after the big bulge caused by all those COVID checks and subsidies, did not go back down to previous levels. And rising wages after the ‘Great Suppression’ of the lockdowns seem at best a very partial return to better times.” (05/06/24)
https://thisiscommonsense.org/2024/05/06/inflation-incumbent/