Downeastnc
Member
Now, an more honest argument can certainly be made tht Biden has no control of monetary policy, between the $4 trillion additional dollars the FED printed and the fact that they spiked interest rates at a pace not seen since the Volcker era under his administration.
But that's not what you seem to be saying (unless I'm mistaken).
And even then, the truth is Biden *DID* make several policy blunders that heavily contributed to the high rate of inflation:
1. Russian sanctions that cut off much of the developed world from its much-needed natural resources (which is why so many people are eager to elect Trump, in hopes of normalizing those relations again).
2. Biden's stonewalling of domestic oil fracking/drilling projects to appease the environmentalist within the Democratic Party.
3. Biden's largely unconstitutional COVID-19 vaccine mandates that stymied the hiring efforts of major employers, just as the country was emerging from the lockdowns.
Russia invaded a neighboring country....so the sanctions are 100% warranted and why would the US normalize relations with Russia until they retreat from Ukraine.
US oil companies produced more oil and gas than any other year EVER the last 24-36 months....
Companies did not hire because demand for goods cratered due to Trumps horrible Covid reaction and just the realities of dealing with Covid and its impact on production. For instance at one point the manufacturing plant I work at had over a third of our converting team out with covid or covid in their home. This curtailed our ability to produce putting us in a back log that took over a year to work out of.