Wholesale prices rose 8.6 from last October. That is the highest annual pace in the last 11 years according to the U.S. Department of Labor. And yet given all of the events over the past couple of months, the White House was caught by surprise!? It makes you wonder if anyone is minding the store at 1600 Pennsylvania Avenue.Americans are paying more for everything. This isnt new news. In fact, its the result of the Biden Administration and Democrats pouring kerosene on the fire. Their attempts at juicing the economy via stimulus and failing to address supply chain issues have made the situation worse.Now, theyre trying to pass trillions more in spending for their favorite pet projects. Power and the instituting of a one-party socialist state are more important to Democrats than addressing the issues most important to Americans.Inflation puts White House on defensive as Manchin raises concerns about new spendingBiden tries to assuage fears, but inflation has persisted much longer than many expected.
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