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Who’s Responsible for the Inflation Bomb?

Staying on the subject of assigning blame, we now turn to the curse of inflation. This chart from the House Budget Committee compares inflation under Trump, versus inflation under Biden. Notice that inflation surged from 1.6% when Trump left office to 9.1% after the passage of Biden’s 2021 obese $1.9 trillion “American Rescue Plan” (ARP). Ironically, that spending bomb was supposed to create an “equitable recovery,” instead the poor and middle class were the primary victims of Bidenflation.

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