They knew it was going to be bad.
The Labor Department report is out —and it’s all bad news for the Biden Administration. Inflation continues to be a thorn in the side of this White House. The consumer price index rose 8.5% in March, making it the fastest increase since January 1982; a new four-decade high.
According to Fox News, “economists expected the index to show that prices surged 8.4% in March from the previous year and 1.2% on a monthly basis.”
This story is breaking…
CNBC: Under Biden, year-over-year consumer prices spiked at the highest pace in 41 years #Bidenflation pic.twitter.com/fLZvPOMk0X
— RNC Research (@RNCResearch) April 12, 2022
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