People across all political stripes and affiliations feel the impacts of inflation. Ironically, inflation is delivering the hardest hits to the middle income and lower income folks Biden promised not to tax. Still, as Republicans have repeatedly noted, inflation is the ultimate tax; it’s also a tax that is most brutal to folks with few resources.
Voters’ Inflation Worries Emerge as an Economic Weak Spot for Biden https://t.co/mtrvYVtluL via @byclairew pic.twitter.com/P42OcLX3Md
— Morning Consult (@MorningConsult) July 28, 2021
41% of Democrat voters and more than eight in ten Republicans also stated that Biden’s economic policies bear significant responsibility for inflation. The White House, meanwhile, continues to undermine (if not downright deny) the presence of inflation.
Putting an end to inflation in America
Ending inflation will ultimately require stepping back from the free for all spending of the Biden administration. This is not something the White House will do willingly, however. Already, Biden is aligning with his congressional allies to get more spending bills passed.
This is why a key step towards ending inflation means getting Republicans back in control of Congress. If Republicans regain power in Congress (or even just one chamber), Biden won’t be able to pass obscene, expensive spending bills at will.