Morning Jolt: President Biden Wants to Ignore Inflation

On the menu today: The news cycle is always busy, but there's something strange about the way that inflation — a persistent, pressing problem that just about all Americans feel just about every day — falls out of the news cycle for days or even weeks at a time. Friday brought grim new numbers that didn't make much of a ripple; maybe lots of Washington reporters were too busy getting ready for the White House Correspondents Dinner. Maybe it's just that there's not much new to report — "Bad inflation is still bad. Film at 11" — or maybe, like the Democratic officials they cover, a lot of reporters would prefer not to dwell on the issue that is currently crushing the Biden administration and congressional Democrats.

Why Inflation Isn't Getting Any Better

If it doesn't feel like inflation is getting any better . . . your instincts are right:

The core personal consumption expenditures price index, which measures costs that consumers pay across a wide swath ...

WITH JIM GERAGHTY May 02 2022 WITH JIM GERAGHTY May 02 2022 President Biden Wants to Ignore Inflation On the menu today: The news cycle is always busy, but there's something strange about the way that inflation — a persistent, pressing problem that just about all Americans feel just about every day — falls out of the news cycle for days or even weeks at a time. Friday brought grim new numbers that didn't make much of a ripple; maybe lots of Washington reporters were too busy getting ready for the White House Correspondents Dinner. Maybe it's just that there's not much new to report — "Bad inflation is still bad. Film at 11" — or maybe, like the Democratic officials they cover, a lot of reporters would prefer not to dwell on the issue that is currently crushing the Biden administration and congressional Democrats. Why Inflation Isn't Getting Any Better If it doesn't feel like inflation is getting any better . . . your instincts are right: The core personal consumption expenditures price index, which measures costs that consumers pay across a wide swath ...   READ MORE

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