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Editorial: Biden rants, while inflation rages

The Detroit News Editorial Board, The Detroit News on

Published in Political News

While President Joe Biden is off doing Civil War reenactments, American families are left trying to balance household budgets that are being smashed by soaring prices. Inflation topped 7% in 2021, the largest surge in consumer costs since 1982.

Break out basic necessities, and the inflation impact is even more devastating:

— Meat, poultry, fish and eggs rose 12.5%

— Energy is up 30% overall, with gasoline prices climbing nearly 50%, fuel oil topping 40% and natural gas, 24%.

— New vehicles climbed nearly 12%, and used cars and trucks by more than 37%

Americans who live closer to reality than Biden does are far more concerned with those distressing price tags than they are his trumped-up claims of war on democracy.

 

The White House defends Biden's avoidance of inflation by saying there's little a president can do about rising prices. They blame the pandemic and breakdowns in the supply chain for driving up costs.

That's only partially true. Certainly, the disruptions of COVID-19 continue to strain the workforce and the ability of producers to meet demand.

But policies have consequences, as does a lack of policy.

Biden has not detailed an urgent response to inflation, and much of what he's done in other areas has helped fuel the price spikes.

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