Score one for Joe Biden

Hi, it's Bill Palmer. I'm as sick of Donald Trump as you are. I'm expanding Palmer Report's operations so we can lead the fight against him. Click here to donate $25 or $50.

Inflation has been a Republican buzz word for much of 2022 despite that party not having an official position on how to bring it down and not really even any command of how it happens. The U.S. has largely had a mild case of it compared to the rest of the world – and thatโ€™s due in part to two major bills that worked to reduce it – ones that the GOP largely voted against only to try claiming credit later.

Anyone paying attention would realize that inflation is a largely global phenomenon and itโ€™s going down in America – dropping to 7.1% even while rising in other countries by double digits – such as the United Kingdom, or holding steady in Japan at 9%.

While President Biden acknowledged that the U.S. still has a ways to go on inflation – and it may not be entirely under control until next year, itโ€™s become more apparent now than ever that weโ€™re making a strong recovery – due in large part to the efforts of his administration.

Itโ€™s happening well before the Republican House majority can take office and weโ€™re also likely to see a number of manufacturing jobs return to America between now and 2024 that will only further improve the countryโ€™s economic outlook.

Hi, it's Bill Palmer. I'm as sick of Donald Trump as you are. I'm expanding Palmer Report's operations so we can lead the fight against him. Click here to donate $25 or $50.