Key Inflation Index Hits 30-Year High
Washington, DC, November 10, 2021
Tags: Biden's Economic Crisis
President Biden’s economic crisis continued in October as the Consumer Price Index (CPI), a key inflation index, hit a 30-year high. CPI rose 6.2% in October compared with a year ago, this is the largest annual increase in 30 years.
This news comes just weeks before Thanksgiving, which is already expected to be the most expensive in the history of the holiday and just the latest sign that President Biden and House Democrats’ out-of-control spending only makes America’s economic crisis worse. BIDEN’S ECONOMIC CRISIS BY THE NUMBERS:
IT'S SIMPLE: Instead of addressing the root cause of inflation out-of-control government spending, President Biden and House Democrats continue to push their Far-Left Socialist reconciliation package, which will only exacerbate America’s economic crisis.