Quote:
Originally Posted by Le Grande Orange
You'd be surprised how many people I see blaming everything except the government for inflation.
|
Let’s give the government some credit for cutting inflation by more than half in the past year, against some strong headwinds. There’s only so much Congress, the President, and the Federal Reserve can do. Pandemics are beyond their direct control, and we consumers make terrible decisions sometimes. The worst aspect of inflation is exacerbating inequality. The wealthy are immune, the poor have no options, the middle class gets squeezed. But I’m happy to be paying $3 bucks a gallon for gas, instead of $5 (and looking forward to that EV some day).