Source: AP Photo/Richard Drew
Despite assurances from the Biden administration that this new 'inflation' situation is only temporary, the ‘signs and portents’ suggest something much more ominous.
On May 12th there was finally some of that much talked about “unity” in the country. However, unity, like everything else in life, has to be judged from a perspective of good or bad. This unity came from both left– and right-leaning news outlets. It was good; in that they all agreed that something bad just happened. It was also bad; in that something bad just happened. That bad something was the 4.2% jump in “inflation” in April as measured by the Consumer Price Index (CPI) from the Bureau of Labor Statistics (BLS).
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