Pie-in-the-sky liberal economics has once again been mugged by reality

Bidenomics has finally gone into full effect

and it turns out that you need to do more to fight inflation than pass a massive spending bill called “The Inflation Reduction Act.”

Stocks dropped sharply on Wednesday after March inflation data showed that the prices Americans pay for everyday goods increased much higher than anticipated.

The news likely means that the Federal Reserve will likely delay interest rate cuts that investors have been hoping for.

CNBC reported that “investor sentiment was further dampened following the release of March’s Fed meeting minutes, which reflected officials’ concerns that inflation isn’t moving quickly enough toward the central bank’s 2% target.

Read more...

And Joe doesn't mention "Bidenomics" anymore...someone gave him smart advice.