Hold On On That Victory Lap, Amigo
So the Biden White House put on their jogging shoes and took a victory lap last week because “. . . IT IS WORKING!”
“It” is, of course, the admin’s brilliant inflation reduction plan – a highly secret document, apparently – that resulted in PPI (Producer Price Index – the price of things on the manufacturers’ dock before it arrives at the consumer) “falling” from 8.4% in September 2022 to 8.0% in October.
Yeah, yeah, yeah, right?