How Biden created massive inflation

 Washington Examiner:

All he had to do was end the COVID-19 lockdowns and let the economy recover on its own. Instead, President Joe Biden spent trillions trying to “transform” the country, and now, everyone, especially the nation's poorest, is paying the price for his hubris.

The Labor Department reported Friday that inflation rose to 8.6% in the 12 months ending in May, its highest level in more than 40 years. Virtually no sector of the economy was left untouched. Gas is up 48.7% from a year ago, electricity 12%, groceries 11.9%, and rent 5.9%.

These price increases are not, as White House chief of staff Ron Klain once claimed, “high-class problems.” These are not discretionary spending items. Working-class families can skip vacations, but they still need gas to get to work. They need electricity to heat and cool their homes. They need to eat. They need a roof over their heads.

Democrats may point out that unemployment is low, and that is a good thing. Wages are also rising, and that is good too. But, unfortunately, prices are rising faster than wages, leaving working people in a worse economic position overall. Under Biden’s leadership, the average person has seen his or her real wages fall by 3% over the past year.

The cause of this record-high inflation is no secret: Biden and his big spending policies are clearly to blame.

...

It wasn't just Biden.  Congressional Democrats were in on the spending spree too and would have spent even more if Manchin and Siema had not stopped them.  That is a good reason to vote against every Democrat on the ballot in 2022 not named Manchin and Sinema. 

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