Team Biden had put a temporary hold on oil exploration after they won the election. After record high energy prices and inflation have rocked the nation, the moratorium is now being repealed. Economists noted that despite wage increases in the first six months of this administration, inflation has actually resulted in less actual take home pay for Americans since President Biden has taken office. In fact, the Biden Administration just had to increase food stamp benefits to record levels since food prices have risen so steeply.
Thomas Sowell: There are no solutions, just trade-offs.
