Pete Seeger’s words describing stubborn, misguided leadership in the midst of obviously worsening conditions came back this past week. U.S. inflation had notched another four-decade high—7.5% annualized—in January, making for the dourest consumer sentiment since 2011, during the sluggish recovery that followed the recession spurred by the financial crisis of 2008-09. We were waist deep in the Big Muddy, and the big fool said to push on, and we were waist-deep in the big muddy, said Seeger. This copy of this article is for your personal, non-commercial use only. Use the image to help us understand today’s featured news stories in our daily Newsquiz. . . .
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