Inflation Surges as Shipping Crisis Continues

Inflation hit a 30-year high last month, with consumer prices rising at a 6.2% annualized rate. The Washington Post says the White House “was thrown on the defensive” by the news, “triggering fresh criticisms of President Biden’s legislative plans on Capitol Hill.” Sen. Joe Manchin (D-WV) warned, “By all accounts, the threat posed by record …

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