Economy / FinancePolitics

Concerns over inflation grow as prices for businesses and consumers skyrocket

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As the American people seek to recover economically following the pandemic-induced slowdown of 2020, that recovery has been hindered by a number of obstacles, some of which were created or made worse by the actions of the Biden administration. The Biden administration has sought to downplay worries over inflation and has flatly denied that its profligate spending plans, paired with restrictive policies on fundamental commodities like oil and gas, are having any detrimental impact on the dramatically increased prices currently being paid by businesses and consumers. Prices soaring across the board On Sunday, The Wall Street Journal reported on the “higher prices” that…

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