Well it only took inflation reaching record highs of over 8% before the kid from Deliverance finally woke up and said something constructive about it.

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President Biden on Tuesday called combating the hottest inflation in 40 years his top domestic priority as he sought to reassure Americans over sky-high consumer prices, which have become a major political liability for Democrats.

“I want every American to know that I’m taking inflation very seriously,” Biden said in remarks from the White House. “It’s my top domestic priority.”

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American consumers are grappling with the hottest inflation in a generation, with the consumer price index climbing 8.5% in March from a year ago, according to a Labor Department report released last month, marking the fastest increase since December 1981. The CPI – which measures a bevy of goods, ranging from gasoline and health care to groceries and rents – jumped 1.2% in the one-month period from March.



h/t DJDevine



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