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Podcast: Townhall Review | Commentaries
Episode: Ed Morrissey: Bidenflation Stratification and the Working Class
Description: The rich may not be getting much richer in this massive inflationary wave, but the working class is most certainly getting poorer. The Associated Press and the Washington Post have both acknowledged that Joe Biden’s inflation has created an economy of haves and have-nots. While the White House continues to spin consumer-spending statistics, the spending patterns show increasing stratification. Wealthy households have continued to spend on luxuries, but working class Americans have been forced to look for cheaper alternatives to staples in food and clothing—or go without. Big-box retailers have had to recalculate their projections as lo...