Biden is responsible for inflation, but so are his voters
COMMENTARY
By R. Emmett Tyrrell Jr. - - Tuesday, April 4, 2023
OPINION:
I have of late been searching my morning newspapers vigorously for the causes of and the cures for inflation. It seems to me that most people whom I know are well aware of what causes inflation and what might be the cure for it. The cause is too much money chasing too few products. The cure for it is to restrain the growth of the money supply.
The source of money is Washington, and so I would have thought that the man to take action against the money supply is President Biden. But he has already been consulted on the matter, and he says the inflation that is now devaluing the contents of our wallets was caused by former President Donald Trump. Well, maybe the present police action against the former president is meant to quell his contribution to inflation, but I doubt it.
Mr. Trump presided over an inflation rate of only 1.4%, which strikes me as a reasonable rate of inflation. Under Mr. Biden, the rate of inflation has averaged 6.2% for the last two years. No wonder his approval rating is below 40% in most polls. Thus, I kept searching for a newspaper that gives me the cause of inflation, and wham! I ran across the good old Washington Times of March 28, and there on the front page was an in-depth article by Dave Boyer on inflation.
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READ MORE: https://www.washingtontimes.com/news/2023/apr/4/president-biden-is-responsible-for-inflation-but-s/
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