• President Biden seems oblivious to inflation, taking time Sept. 15 to crow about his latest budget-buster – the deal to avert a rail strike.
• With inflation approaching double digits, Biden held his second White House victory celebration in three days – this for a deal to avert a rail strike.
• The deal includes a 24 percent pay hike through 2024, and lump-sum bonuses that, by themselves, will cost an estimated $660 million.

Tagged: #Bidenflation