Broken record, but don't lose sight of how we got here. Covid caused massive inflation because of the supply shock and all the money giveaways, mostly to businesses (i.e., wealthier Americans where the wealthier the person the more money they were given, no strings attached).
People blame Biden (and Trump) for that, amongst other things related to Covid, so what do they do? Vote the party into power that loves nothing more than tax cuts so they do what they do and cut taxes aggressively on those same people who benefitted the most from Covid inflation (i.e., the wealthy) when almost all of their net worths have gone through the roof, which is precisely when you can raise taxes to account for the over-aggressive Covid handouts.
And even after all of that, when it looked likely the US was actually getting inflation under control, the same party doesn't put up any fight against its leader who rams through nonsensical tariffs and then starts a war that obviously will (and does) spike the price of the great elixir of growth, a material increase in the price of pretty much everything produced on earth.
As I said when the election happened, people finally woke up, but I just gotta say you cannot hate the politicians enough who caused all of this. Oh, and now we have the party that doesn't know how to balance a checkbook coming into (some) power to further exacerbate the whole thing (and thank god they are because the other guys are straight up crooks, but, man, if this doesn't end poorly there's no justice in the world (and I say that not in some gleeful way, but shouldn't there be some repercussions for the absolute idiocy we've seen these past 6 years or so?)).
Sorry for ranting. I just am so so mad because when you say "who is responsible for this?" people either raise their hands and say "wasn't me!" or, worse, point at the person next to or across the aisle from them. Maybe the silver lining is we're all responsible because we just stick our heads in the sand and let this go on (though, again thank god the election shows at least a little bit of a comeuppance. That's not a partisan comment if you can believe it!).
Everyone knows the other political team causes inflation, silly goose.
> Oh, and now we have the party that doesn't know how to balance a checkbook coming into (some) power
you should look up which of the two crazy parties actually has issues balancing the checkbook, you’ll be surprised it is not the one you think…
> Broken record, but don't lose sight of how we got here.
High energy prices?
* https://en.wikipedia.org/wiki/Cost-push_inflation
Geopolitical adventures by leaders who are clueless?