The government announced Tuesday that the Consumer Price Index rose 3.2 percent in October from the same time last year. That is less than the 3.7 percent 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 percent, annual inflation is now down by 65 percent from the peak.” Democrats will certainly hope that Biden, whose job approval for handling the economy has been in the 30s and shows no sign of improving, will benefit at least a little for trying to solve a problem that developed on his wa
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