Comment by dh2022
4 hours ago
Oh, come on. Why don't you mention the Inflation Reduction Act (IRA)? Which actually stoked the inflation by increasing government spending when the labor market was very tight?
IRA's pie in the sky green energy cost reductions were going to take years at least to show any benefits - assuming there were any benefits.
High inflation belongs to Democrats just as much as it belongs to Republicans.
Would you care to quantify IRAs spending vs the amount spent by the government buying securities in 2020?