Here’s Why Biden Will Keep Facing Exasperating Market and Inflation Questions

Considering the punishing economic crisis he inherited, Joe Biden’s first year in office could be regarded as something of a success. Still, it hasn’t exactly felt like one for many Americans, even though wages are up and unemployment is down. Inflation has been the dark cloud hanging over this otherwise strong recovery, not only overshadowing the progress the administration has ushered in, but causing turbulence in the markets, which plunged Monday as the Federal Reserve prepares to raise interest rates. The Biden team has downplayed the market downturn: White House Press Secretary Jen Psaki told reporters that “unlike his predecessor,… Read Full Article