DEMOCRATS' BIDENFLATION DISASTER. You've seen the news — the government says inflation rose 8.5% in…
Washington Examiner by Byron York,
DEMOCRATS’ BIDENFLATION DISASTER. You’ve seen the news — the government says inflation rose 8.5% in March compared to last year. That is up from the annual inflation rate last month, which was 7.9%. Both are the worst since 1981.
There are a lot of stories behind the big number. Inflation is up in every area of the economy. But the worst news concerns some very fundamental human activities: eating, finding warmth and shelter, and moving around. Look deep into the website at the Bureau of Labor Statistics, and you’ll see how bad inflation is in those basic areas.
Start with the price of food. You’ve been to the grocery store. You know it is bad. Now, BLS says the price of meat, poultry, fish, and eggs rose 13.7% annually. The price of cereal and bakery products rose 9.4%. Fruits and vegetables, 8.5%. Nonalcoholic beverages, 8%. Dairy, 7%. And other foods that don’t fit into those categories, 10.3%. All of that adds up to the category of “Food at Home,” which BLS says went up 10% in March over last year…
