Inflation Hits Record High Levels Again Under Biden

In May, President Biden’s policies pushed the rate of inflation to break records set the previous month, reaching the highest level since 2008 and again performing worse than economists predicted. The New York Times reported, “The Consumer Price Index surged 5 percent in May from a year earlier, the Labor Department said on Thursday. Economists had expected an increase of 4.7 percent. Prices rose 0.6 percent from April to May, and an index that excludes volatile food and energy costs rose 3.8 percent from a year earlier, the briskest pace since 1992.” The 13-year record broken in May was last broken in


