Inflation is back. Biden should be worried
CNN
It's time to sound the inflation alarm inside the White House.
From used cars and gasoline to lumber and food, prices are surging. The return of inflation, after a decades-long absence, is squeezing families and businesses recovering from the pandemic. In many ways, higher prices can be seen as evidence that President Joe Biden's economic and health policies are working. The successful rollout of vaccines is allowing companies to reopen and Americans to resume traveling, spending and working. Growth is being turbo-charged by rock-bottom interest rates and unprecedented fiscal stimulus.
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