One Year Ago Today
Outside economists were warning that high prices were a sign of coming high inflation. But that is not our view, President Biden said.
He had consulted with HIS economists, and they had reviewed THEIR charts, and Biden waved away the alarm bells.
Our experts believe and the data shows that most of the price increases we have seen were expected and expected to be temporary and at an annualized rate of 5.4 percent.
One Year Later inflation is at 9.1 per cent and still going up.