JoeB131
Diamond Member
Biden's policies didn't cause the spike in inflation. But those policies have darn sure exacerbated it, prolonged it, pushed it far further into our future than it had to be.
Bullshit. Three things are causing the current spike in inflation
1) Increase in the costs of global commodities. This has already largely passed and companies are already starting to claw back savings. (Don't worry, consumers won't see them).
2) The labor shortage - Simply not enough Gen Z to replace those old Boomers who are retiring, much less their expertise level. So a kid out of college can demand a ridiculous salary, and he'll get it, too.
3) Trump's imposition of trade tariffs on China, where most companies get either components or finished goods. We could probably put a dent in inflation by getting rid of those, but we won't.