With today’s report finding inflation is anything but “transitory,” time to note that it’s not just oil and natural gas that are spiking. Everything is. Except for one thing: Biden’s approval rating. Let’s start with this modification of the famous chart of Napoleon’s retreat from Moscow in 1812 that Edward Tufte called the greatest data chart ever conceived:
News item: Congress passes new $1.5 trillion spending bill. Inflation? What inflation?
• A few climate change reminders, since the IPCC told us yet again last week that the world is coming to an end:
And finally. . .