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joe biden 200M die covid Democrats’ ‘Build Back Better’ plan, crafted by President Joe Biden, is under serious threat after a major spike in inflation has experts concerned that more federal spending will make the situation much worse.
The Wall Street Journal Editorial Board took Biden to task for his proposed federal debt spending bill, saying the persistent inflation will get worse. From WSJ:
The Biden Administration has no idea what to do about this other than demand more of the same… He said his infrastructure bill will solve supply shortages, though most of the money won’t be spent until 2024. We haven’t seen such incompetence since Jimmy Carter.
This criticism comes after inflation data released this week showed wholesale goods became 8.6% more expensive in the previous twelve months just as consumer prices rose the most in decades.“The all items index rose 6.2 percent for the 12 months ending […]
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