Inflation keeps growing, but Dems won't stop spending

Inflation keeps growing, but Dems won't stop spending: President Joe Biden and Democrats keep telling Americans not to worry about inflation, that it’s only temporary. Yet the record price hikes keep getting worse. On Thursday, the Bureau of Labor Statistics reported yet another jump, a full 1 percent, in the producer price index (which measures prices before they reach consumers) for the month of July. Wholesale prices are now up 7.8 percent over the past year, the fastest annual surge since such recordkeeping began in 2010. On Wednesday, the BLS reported consumer prices rose 0.5 percent in July, or 5.4 percent over the past year — maintaining June’s yearly pace, the largest in 13 years.