Free Republic

Inflation rose again in July 2024 for the 42nd consecutive month since President Joe Biden and Vice President Kamala Harris took office in January 2021. Yet, corporate media demand that Americans celebrate the 2.9 percent price hike plaguing their pocketbooks as an “inflation milestone.” According to the U.S. Bureau of Labor Statistics’ consumer price index for last month, Americans paid 2.2 percent more for food, 4.9 percent more for electricity, 5.1 percent more for shelter, 8.8 percent more for transportation, and 3.3 percent more for medical care than they did in July 2023. Even compared to May 2024, July’s inflation...

Short of an official request, the White House is now encouraging U.S. drillers to produce more crude. The White House has received a lot of pushback in recent days for not tapping what many see as at least a partial solution to the headache that is high oil prices—U.S. shale. In a move that likely angered his environment-conscious base, the White House has issued a muted request for U.S. oil companies to increase crude oil production in the wake of high crude oil and gasoline prices. Though words are different than deeds—and President Joe Biden’s deeds have been decisively anti-fossil...