The May inflation report has been released, and it’s yet another disaster for Biden and the Democrats on the backs of the American people:
Consumer inflation ticked up one full percent in May, according to new data from the Department of Labor released Friday morning, meaning inflation in the last year has soared 8.6 percent as rising costs blew past consensus estimates that inflation would only increase 0.7 percent to remain even with April’s 8.3 percent year-over-year increase.
May’s inflation report is the worst for consumers since December 1981, coming the same week President Biden continued to claim that he was leading the United States in its best recovery in history.
