Rent Increases Are Driving Inflation — and Pessimism About Economy Under Biden

We’re told that, at least by conventional measures, the U.S. economy is doing great: Inflation is cooling and unemployment remains low. Pundits claim consumers just feel like the economy is troubled because they are still adjusting to higher prices after a global pandemic, and that helps to explain President Joe Biden’s dismal poll numbers as he seeks reelection in November. However...

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