Bidenflation Spikes to New High

The latest Consumer Price Index (CPI) data for March shows that inflation continued its upward trend with a 1.2 percent increase since last month and an 8.5 percent increase over the last year according to the Bureau of Labor Statistics. Inflation in the United States has not been this high since December 1981. As the BLS release notes, inflation’s continued surge is being driven by rising costs for shelter, food, and gas. Even when CPI

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