- Joined
- Oct 20, 2013
- Messages
- 34,341
- Reaction score
- 16,073
- Location
- daily dukkha
- Gender
- Male
- Political Leaning
- Undisclosed

The political peril that Biden didn't see coming
The current inflation spike now appears to be on track to persist deep into 2022.

Americans are likely to face higher prices on everything from gasoline to groceries well into next year — threatening to turn a simmering economic issue into a major political one.
Higher inflation is reasonably likely through at least next year," said Jason Furman, a top economic adviser to former President Barack Obama who is close to the Biden administration. “And once you’ve had two years in a row of higher inflation, it may take on some momentum of its own.”
That prospect has heightened concern among Democrats about the potential political fallout......