White House throws ‘inflation reduction’ party with James Taylor as stocks crash over dismal 8.3% rate
President Biden threw an “inflation reduction” party Tuesday — even as inflation hit a worse-than-expected 8.3%, the stock market tumbled and stubbornly high prices for food and housing continue to slam American households. Biden, 79, had classic folk rocker James Taylor kick off the White House South Lawn bash with his 1970 hit “Fire and …