Paying the bills is harder than ever. Are voters supposed to feel joy?

PAYING THE BILLS IS HARDER THAN EVER. ARE VOTERS SUPPOSED TO FEEL JOY? On Wednesday morning, the Bureau of Labor Statistics will release inflation figures for July. Whatever the numbers turn out to be, this will remain true: Prices are far higher than they were when Joe Biden and Kamala Harris took office.

Even as the rate of inflation has gone down from its peak in 2022, people have learned an unhappy lesson. When the rate of inflation goes down, prices still go up. They are building upon all the price increases before but at a somewhat slower rate. Yes, very few things go down, but at the same time, others keep rising at a high rate. There’s no relief.