Biden pays the price for causing runaway inflation as Americans are buried in bills
NY Post
The Biden Re-Election Victory Parade hit a pothole the size of Ohio on Wednesday.
The latest consumer price data show inflation is accelerating and hitting an annual rate of almost 5%.
Democrats fear the inflation rate could soon be higher than President Biden’s approval rating.
In January 2022, I predicted here that inflation would politically bankrupt Biden — that it would be “the wrecking ball that could politically destroy Biden.”
According to the Team Biden storyline, inflation went from a nonexistent threat in 2021 to transient in 2022 to simply a bad memory in 2024. But along the way, the purchasing power of the American dollar fell by almost 20%.
Regardless, it was bad taste to mention it in public. Biden called Fox News White House correspondent Peter Doocy a “stupid son of a bitch” in 2022 for asking about inflation’s impact.
