Inflation continues to soar, with prices increasing throughout the economy at a rate not seen in four decades. Compared to a year ago, consumer prices are up 8.5%, and wholesale prices are up 11.2%.

These price increases are hammering working families, wiping out wage gains and making workers worse off than they were a year ago, when prices were rising at only 2.6%. Yet despite this dismal record, President Joe Biden is pushing the reckless tax and spending policies. You know, the same policies which have helped make things this bad. The president blames everyone else for the soaring prices while continuing to push for more spending and higher taxes.