Free Republic

Following a Department of Labor report suggesting that inflation hit a three-decade high in October, President Joe Biden released a statement that he directed the National Economic Council to reduce energy costs. “Today’s report shows an increase over last month. Inflation hurts Americans pocketbooks [sic], and reversing this trend is a top priority for me,” Biden said in a statement Wednesday. “The largest share of the increase in prices in this report is due to rising energy costs.” The president said he would direct the National Economic Council to attempt to “further reduce these costs,” regarding energy prices. Furthermore, he...