Inflation is the most regressive tax of all, yet is advocated by those who claim to be progressive
— Elon Musk (@elonmusk) November 15, 2021
In response to a news page called Blockworks, the Tesla CEO described inflation as “regressive”; shortly thereafter, Musk also took the liberty of noting how much people who profess to be progressive support inflation and all its harmful impacts on Americans.
Musk has a solid point. Inflation is hitting working-class and middle-class people the hardest. These are the folks Democrats routinely claim to be defenders of; yet, their actions and policies tell a very different story.