The Consumer Price Index has increased 5% over the last 12 months, the fastest pace of inflation since August 2008, according to a Department of Labor report. The Consumer Price Index (CPI), a common tool used to measure inflation, increased 0.6% between April and May, according to the Labor Department report released Thursday morning. Economists projected that the CPI increased by 0.5% and 4.7% over the 12-month period ending in May, according to The Wall Street Journal.

The prices of several commodities have already risen rapidly. Lumber, gasoline, steel, copper, computer chips, homes, and home appliances have all increased in price.

"Vince & Jason Save The Nation" is a political debate show that grapples with America's most pressing questions. The show features intelligent, brutally honest conversations between Vince Coglianese and Jason Nichols, two nationally renowned political commentators who come from opposite sides of the political divide but share a profound love of country. Enlisting the support of their fascinating and talented guests, Vince and Jason tackle the existential issues confronting America and set out on their quest to Save the Nation.

Subscribe to Save The Nation on Apple Podcasts: https://rb.gy/mletxb

Subscribe to Save The Nation on Spotify: https://rb.gy/jd7gdx