Inflation proves Biden has done everything wrong all at once

Our increasingly ugly inflation problem is a perfect illustration of the Biden administration’s uncanny ability to get everything everywhere wrong all at once. 

The Biden administration’s first response to any problem is to pretend that it isn’t a problem. That’s how inflation went from a minor problem to a major one. Unwilling to take the necessary steps to rein in inflation early — pushing the Fed to raise interest rates and slowing down the torrent of money going out the Treasury’s doors — Biden and congressional Democrats at first insisted that inflation wasn’t a real problem: “Transitory,” they called it.

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