“Why are consumer prices still growing uncomfortably fast?” The New York Times asks.
The answer is simple: Crooked Joe Biden and his endless spending.
We’ve been saying it from the very beginning — but it’s not just us.
Even liberal economists have long been saying Biden’s trillions in new deficit spending is to blame for long-term inflation:
Meanwhile, nonpartisan studies — including from the Tax Foundation, Penn Wharton, Moody’s, and the Congressional Budget Office — all warned Biden’s so-called “Inflation Reduction Act” would either worsen inflation or do nothing at all.
Of course, Democrats ignored the warnings and rammed inflation-inducing legislation through anyway — all while insisting inflation was merely “transitory.”
Biden and Democrats have nobody to blame but themselves.