Given the current rate of inflation the Demmy’s understand that they are looking at some real problems in the election this fall! Not much they can do about food prices but Biden is going to drain the strategic reserve in order to bring down gas prices! Some folks use the core inflation rate which does not include food or energy increases!
California has the highest gas prices which are pushing 6 bucks a gallon and Governor Newsom wants to give everyone 400 dollars so they can buy even more of it. California was leading the way with climate change regulation but like French President Macron when they get any push back from the voters on gas prices they both throw money at them so they can emit even more carbon!
And that is all I’m going to say about that!