President Joe Biden has spent three and a half years buying votes with your money. Your taxes may not have gone up, because Biden hasn’t financed his spending with federal revenues so much as with money created out of thin air — which is to say, the cost of Biden’s spending spree has been rampant inflation which is still too high and not getting better.

Prices were 3.5% higher last month than they were a year earlier. A 3.5% annual inflation is a lot better than the 9% gut punch delivered by Biden a couple of years ago. But it’s still too high. Janet Yellen, former Federal Reserve chairwoman and Biden’s Treasury Secretary, established 2% long ago as the optimal inflation rate.