Why Biden officially owns the inflation disaster

Published October 16, 2022 12:00am ET



President Joe Biden has attempted to blame various scapegoats, from Russian President Vladimir Putin to big corporations, for the nation’s inflation woes. But thanks to the latest data and his own promises, the president officially owns the inflation disaster.

We just got yet more alarming metrics from the Bureau of Labor Statistics, showing inflation rising 8.2% from September 2021 to September 2022 — with double-digit increases in key goods from food to energy and beyond. This is the last inflation update we will receive before the November midterm elections, dealing a death blow to whatever hope Democrats had that inflation would ease before voters head to the polls. Remember when it was “transitory?”

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