Bidenomics: Inflation down, prices up

The government announced Tuesday that the Consumer Price Index rose 3.2% in October from the same time last year. That is less than the 3.7% prices rose in September, leading to a lot of commentary about 'good news' on inflation.

'Today we saw more progress bringing down inflation while maintaining one of the strongest job markets in history,' President Joe Biden said in a statement.

'At 3.2%, annua…