President Joe Biden bragged at the start of the year that inflation was coming down and it was lower than “any other major economy at the time.” While the first point was true — inflation was falling — it is no longer so, and the Federal Reserve’s battle to control price rises has backslid since. This is largely because of the president’s profligate spending, and, despite Democratic claims otherwise, data continue to demonstrate that inflation is worsening. Voters know it.

In the first four months of this year, consumer price index inflation rose from 3.1% to 3.4% on a 12-month annualized basis. In absolute terms, the CPI has risen by 1.4% in the past four months, or 4.2% on an annualized basis. That’s more than twice the Fed’s maximum target of 2%. While core CPI, a Fed-preferred measure that strips away the volatile categories of food and energy, has slightly decreased on a 12-month annualized basis from 3.9% in January to 3.6% in April, core CPI has increased by 1.5% in absolute terms, or 4.5% on an annualized basis.