Economic news, even blaring headlines, tend to glaze over the American public, especially with a war in Ukraine, a subway mass shooting in Brooklyn and severe weather in a third of the country.
But there was economic news today, and you could either say inflation is now the highest it’s been in 40 years, or, you could say that with this latest report just out, there’s reason to think the rising climb in everyday things we buy has crested and inflation will start to shrink.
As Larry Mendte points out, the Biden Administration is suggesting this is due to Putin invading Ukraine. Any reason except taking blame really. A time-honored tradition, no matter which party is in the White House.
Larry walks us through the particulars and then offers his assessment. What’s yours? Write Larry at lmendte@rosebudmedia.com and let him know.
RoseBud Commentary: March Inflation
Economic news, even blaring headlines, tend to glaze over the American public, especially with a war in Ukraine, a subway mass shooting in Brooklyn and severe weather in a third of the country.
But there was economic news today, and you could either say inflation is now the highest it’s been in 40 years, or, you could say that with this latest report just out, there’s reason to think the rising climb in everyday things we buy has crested and inflation will start to shrink.
As Larry Mendte points out, the Biden Administration is suggesting this is due to Putin invading Ukraine. Any reason except taking blame really. A time-honored tradition, no matter which party is in the White House.
Larry walks us through the particulars and then offers his assessment. What’s yours? Write Larry at lmendte@rosebudmedia.com and let him know.
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