#President Biden in denial amid inflation crisis

#President Biden in denial amid inflation crisis

“President Biden in denial amid inflation crisis” ‘We’ve never seen anything like Putin’s tax on both food and gas,” President Biden blathered yesterday after another disastrous report on soaring inflation. But almost nobody outside the Beltway believes that Putin is to blame for the ravaging of American consumers. The inflation rate has increased sixfold since…

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#Record-high US inflation has analysts gloomy

#Record-high US inflation has analysts gloomy

“Record-high US inflation has analysts gloomy” Economists seeking a sign that the country’s financial health was turning a corner were left reeling after the federal government released data indicating that inflation rose at a pace not seen in more than four decades. Consumer prices surged 8.6% last month from 12 months earlier, faster than April’s…

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#WaPo’s gas-price oops, the NYT’s pro-Dem agenda and more

#WaPo’s gas-price oops, the NYT’s pro-Dem agenda and more

“WaPo’s gas-price oops, the NYT’s pro-Dem agenda and more” Diary of disturbing disinformation and dangerous delusions This slur: “Is it as obvious as it seems that domestic violent extremists are an important part of the voting coalition on the right?” — MSNBC’s Nicolle Wallace, Tuesday — the day before a left-wing nut planned to kill…

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#Biden official admits few options to lower gas prices

#Biden official admits few options to lower gas prices

“Biden official admits few options to lower gas prices” Commerce Secretary Gina Raimondo admitted Tuesday that the Biden administration is running out of options as it scrambles to bring down gas prices that have surged to record highs across the nation in recent weeks. “Unfortunately, that is the brutal reality,” Raimondo told CNN. The stark…

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#US gas prices top  in 13 states and counting

#US gas prices top $5 in 13 states and counting

“US gas prices top $5 in 13 states and counting” Surging gas prices have topped a whopping $5 per gallon in more than a quarter of the country and are expected to climb even higher as the summer travel season gets underway. Price data from AAA on Tuesday showed that the statewide average of a…

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#Janet Yellen recognizes ‘unacceptable levels of inflation’ in US

#Janet Yellen recognizes ‘unacceptable levels of inflation’ in US

“Janet Yellen recognizes ‘unacceptable levels of inflation’ in US” Treasury Secretary Janet Yellen acknowledged Tuesday that inflation has reached “unacceptable” heights, even as she defended Biden administration-backed spending bills that Republican lawmakers allege have contributed to the problem. “We currently face macroeconomic challenges, including unacceptable levels of inflation,” Yellen told the Senate Finance Committee three days…

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