A woman shops for groceries at a store on July 29, 2022 in Arlington, Virginia.Inflation continues to be the top economic concern for most Americans.. While still high, the inflation rate eased from the near-historic pace in June.
Here's an explainer about why inflation is so high and what happened last time prices rose at such a fast pace. But the surge in demand for goods and labor far outpaced supply, as COVID-related bottlenecks slowed delivery times and infection fears kept workers on the sidelines.
“Meanwhile, Congress has taken action that could reduce inflation over the long term. On Sunday, the Senate passed the Inflation Reduction Act of 2022, which raises $739 billion in new revenue and puts at least $300 billion toward deficit reduction.” 🤦🏼♂️🤦🏼♂️🤦🏼♂️
According to the liars at the White House, It’s a zero percent .
I’m sure the trillions being spent by our reckless gov has nothing to do with it
Joe Biden in office is Why!