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By Addison Smith The Biden administration is having difficulty being consistent with its message that "Bidenomics is working," a narrative that’s been increasingly complicated by the reality of higher costs for Americans from the grocery story to the gas pumps "The numbers are clear:
Bidenflation is not bad for everyone.
Price increases have indeed cooled over the past year, with the inflation rate dropping from 9 percent to 3.2 percent. But economists say little to none of the drop came from the law.
While price increases have cooled over the past year — the inflation rate has dropped from 9% to 3.2% — most economists say little to none of the drop came from the law.
On the one-year anniversary of this legislation's passage, the President can try as hard as he wants to spin it as some victory. But the public should see through it.