Hello and welcome to another edition of the Byron York Show, the No-Chit Chat Podcast.

We like to get right into it and what we're going to get into today is Joe Biden and inflation.

You might actually call it Joe Biden's fantasy about inflation.

Now you know that the reason that President Biden delivered a speech on inflation on Tuesday

was that he knew the government was going to release the latest statistics on inflation on Wednesday.

He knew the news was going to be bad.

So you might as well try to get ahead of things.

And now the numbers are out and the news is indeed bad.

We get our inflation numbers from the Bureau of Labor Statistics.

And they report that inflation rose at an annual rate of 8.3% in April,

which is ever so slightly less than the 8.5% annual rate in March.

But it's still above the dreadful, painful 8% line.

And it's also about the 8.1% that had been predicted.

In any event, the numbers were bad.

Biden knew that.

That's why he tried to get ahead of it.

Let's look inside some of these numbers.

The price of fuel oil is up 85%, 85% on an annual basis.

Gasoline up 43.6%, natural gas up 22.7%, electricity up 11%, electricity,

unlike what some green energy advocates would have you think doesn't just show up.

It actually has to be produced from other forms of energy.

Anyway, fuel oil 85%, gasoline up 43.6%, natural gas up 22.7%, electricity up 11.0%,

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