Tuesday’s partisan small ball on gas prices, replete with consequential rhetoric and insignificant action, did nothing to dispel the sinking feeling that we are in for months of political theater as real challenges and issues founder.
Read moreThink Commodity Prices Are High Now? Just Wait
The just-released monthly inflation report showed that prices for most goods eased a bit. The exception of course is oil, and even though oil prices globally have declined in recent weeks, most Americans are paying ever more for gasoline even as inflation overall remains statistically tame.
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