For a long time, inflation has been the phantom of the American economy: often expected but never seen. But the latest Consumer Price Index, which showed that prices rose by five percent from May of last year to May of this year, raises fears that it is breaking down the front door and taking over the guest room.
The price jump was the biggest one-month increase since 2008. It appears to support the warning of former Treasury Secretary Larry Summers, who wrote in February that President Joe Biden s budget binge could set off inflationary pressures of a kind we have not seen in a generation. Senate Republican leader Mitch McConnell charged last month that the administration has already produced raging inflation.
Nearly one-third of Republicans believe Donald Trump will be likely be reinstated in office in August, a new Politico/Morning Consult poll released on Wednesday found the latest lie the GOP base believes surrounding the 2020 election.
Yes, âMadmanâ Trump Believes He ll Be Back In White House By August
Earlier this week, the
New York Times Maggie Haberman reported that Donald Trump expects to be reinstated as president by August â inspiring some Republicans to accuse her of making it up. But conservative journalist Charles C.W. Cooke, in an article for the
National Review, writes that Haberman was not fear-mongering and that Trump really does believe he will be returning to the Oval Office this summer. Haberman s reporting was correct, Cooke writes. I can attest, from speaking to an array of different sources, that Donald Trump does indeed believe quite genuinely that he â along with former Senators David Perdue and Martha McSally â will be reinstated to office this summer after audits of the 2020 elections in Arizona, Georgia and a handful of other states have been completed. I can attest, too, that Trump is trying hard to recruit journalists, politicians and other