Biden Drop Out, Crime Is Down, and the Price of Eggs
IN THE NEWS:
President Joe Biden has dropped out of the race, endorsing Vice President Kamala Harris and throwing the presidential race into total chaos. We have no precedent for this because nothing like this has ever happened. How are Virginia politicians responding?
According to the latest FBI data, crime is down across the country. Here in Virginia, crime spiked in the early 1990s and has been steadily going down ever since. Violent crime, for example, is one third of what it was at that time.
The price of new cars is going down. So are the prices for blue jeans and microwave ovens. That's according to the Bureau of Labor Statistics, which shows even the prices of eggs in Virginia is dropping. But the recent spike in inflation disproportionately harmed low-income people in Virginia.
At the Watercooler:
More on Biden dropping out
The Consumer Financial Protection Bureau's interpretive rule on "paycheck advances" counting as loans