Author: Dan Kowalski

Biden’s Higher Prices and Low Wage Growth Hammer Working Families

Consumer Price Index (CPI) data for April, released today, reveal that overall prices have increased by 19.9 percent since January 2021. That’s an annualized inflation rate of 5.7 percent. In contrast, over the four-year period from January 2017 to January 2021, the CPI
increased by 7.7 percent, or an annual increase of 1.9 percent.