welcome to the fest

We're on day 24 of fuel prices lowering in the U.S., so we're going to give credit to Biden for that, right?

We're going to remember that the inflation is around 8% and everything beyond that is price gouging due to pure corporate greed, right?

Of course not.

The inflation index is a 'basket of goods' approach to inflation that gives a baseline average increase in price. It is the average, meaning that a single sector (like energy) can go up dramatically and it gets balanced out against hundreds of other products in the basket. This is why the Inflation Index is up 8%, but gas is up over 100% in the past 2 years.

For more information, see here: https://www.forbes.com/advisor/investin ... inflation/

Also, the President usually has very little he can do to truly lower prices, but in this case Biden's energy policies have certainly raised them. He has:
- Killed pipeline deals
- Tried to kill all offshore and federal land drilling
- Refused any new permits for drilling on federal land
- Encouraged false rhetoric - 'Price gouging!' - that has made its way into the mainstream media narrative

See more here: https://www.washingtonexaminer.com/opin ... gas-prices