Morning Wire
Election Earthquake: How Donald Trump Dominated 2024 | 12.29.24
Michael Whitaker
I have three words, inflation, inflation, inflation. The Trump administration, for context, only saw an average year-over-year inflation rate of about 1.9%. During the Biden administration, the annual rate of inflation more than doubled to an average of 5.2%, and the purchasing power of the U.S. dollar has declined by nearly 20% since Biden took office.
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