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You are here: Home / Economy / 2021 Ranks as Biggest Year for Inflation in Four Decades

2021 Ranks as Biggest Year for Inflation in Four Decades

January 12, 2022 at 5:30 am EST By Taegan Goddard Leave a Comment

Wall Street Journal: “Economists estimate the Labor Department’s consumer-price index—which measures what consumers pay for goods and services—rose 7.1% in December from the same month a year ago, up from 6.8% in November. That would mark the fastest pace since 1982 and the third straight month in which inflation exceeded 6%.”

New York Times: Inflation expected to climb again as policymakers await elusive peak.

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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