It’s just transitory. Trust us.
Probably so, until just after the 2022 elections when those responsible start getting retired.
The sad thing is that it probably was when they first said it, because it was being compared to the flat inflation of the prior lockdown year.
However, Biden's policies since they said it have drastically hurt the economy (canceling the Keystone XL pipeline, stopping drilling, the supply chain backup, terminating healthy workers, rampant crime, out-of-control boondoggle spending, coddling our enemies).
-PJ
It’s just transitory. Trust us.
****************
Well, it is for the governing elites. They get big salaries, cost of living adjustments, generous benefits, etc. Inflation is not a problem for THEM.