From President Donald J. Trump:
Friday was arguably the worst day for Joe Biden’s presidency so far. And it could be the death knell for the Build Back Better bill’s lurch toward big-government socialism.
First, the Labor Department reported inflation is now running at just under 7 percent over the last year. Prices were rising at a 2 percent annual pace when Donald Trump left office in January and then 5 percent this summer and now this.
Notice a trend?
And, sorry, no, this inflation isn’t “transitory.” And, no, CNN, it isn’t “good for you” — or me, or anyone. Meat prices are up 20 to 25 percent, car prices up 29 percent, and a fill-up at the gas station costs $20 more than a year ago.
Read the full article by Stephen Moore with the New York Post here.