WaPo Columnist: Biden's Economy Great, Except for That Pesky Inflation - News Summed Up

WaPo Columnist: Biden's Economy Great, Except for That Pesky Inflation


As far as The Washington Post’s Jennifer Rubin is concerned, President Joe Biden’s economy is doing superbly — except, of course, for that pesky inflation that’s hitting the average American’s wallet. The Post’s tweet doesn’t do Rubin’s piece justice, but it’s a good place to start:Opinion by Jennifer Rubin: If it weren’t for inflation, this president’s economic performance would be unmatched. https://t.co/XljJpsVTpl — The Washington Post (@washingtonpost) April 4, 2022“For the 11th-straight month, the U.S. economy in March added at least 400,000 jobs. Which brings us back to the premise: The economy isn’t extraordinary for ordinary people if the cost of living is outpacing wage growth due to inflation. The ONE thing the government has almost absolute control over is monetary policy which is where inflation comes from.


Source: Washington Post April 06, 2022 21:30 UTC



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