Prices rose 8.5 percent in March compared to a year ago, the largest annual increase since Ronald Reagan was closing his first year as president; the top movie of the year was Raiders of the Lost Ark and the oldest millennials were still in diapers. (That’s December 1981, if you don’t feel like googling it.)While the White House has recently undertaken a messaging effort to lay enduring inflationary pressures at Vladimir Putin’s feet, the dramatic increase in gas prices spurred by the Russian invasion of Ukraine is not the only culprit; food prices rose 8.8 percent in March from the prior year. And despite the fastest wage gains in years, average earnings were down 2.7 percent compared to la
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