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"But even if the administration is not at fault for the initial causes of inflation, the president has not remedied the situation.
โEven if it is not responsible for the entirety of its rise, the Biden administration is unwittingly drafting a case study in how a White Houseโs policies can make inflation worse. Biden entered office as a pandemic was constraining the supply side of the economy, and his policies then exacerbated the supply-side constraints,โ
โHis energy policies increased the price of fuel. His broader raft of new regulations undermines business investment broadly. If enacted, his proposed tax hikes would decrease work and business investment, constraining supply even more."
"Overall, no matter how Biden tries to angle it, the inflation that continues to rise and break records, makes him the most inflationary elected president of the past 72 years."
Let's Go Brandon!
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Fuck You, Plugs!
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