The president must start taking inflation seriously

Having left inflation unchecked for so long, the challenge now for the White House and the Federal Reserve Board is keeping soaring prices from overwhelming family budgets without triggering a recession. It’s a delicate balance. Are they up to the challenge?

So far, the president’s actions don’t inspire much confidence.

The White House spent much of last year downplaying the threat of inflation — even as most of us could see the

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