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Why the US is losing the war on inflation — RT World News

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Why the US is losing the war on inflation — RT World News

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Rising prices may be Democrats’ midterm downfall, so it’s no wonder Joe Biden gets upset when asked about it

US President Joe Biden has landed in hot water after insulting a Fox News correspondent in a hot mic gaffe. Peter Doocy seemed more amused than angry, however, at being called a “Stupid SOB” by the big man in the oval office. And with most of the US media on the Democratic side, the president will hardly be branded an enemy of the free press over the incident, unlike his Republican predecessor.

The invective reaction was sparked by a question about inflation and whether Biden saw it as a liability for the midterm elections. “It’s a great asset, no more inflation”, the president mused, before delving into Doocy’s mental abilities.

The response arguably demonstrated just how worrisome rising consumer prices at a rate not seen in decades are for his party. The consumer price index in the United States rose 7% last year, according to Labor Department data, marking the biggest 12-month rise since June 1982.

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Why the US is losing the war on inflation — RT World News

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