The Democrats’ Inflation Blame Game

Everyone and everything is responsible except the government spending that’s actually fueling it

By Phil Gramm and Mike Solon. Excerpt:

"Obviously the pandemic disrupted the economy and contributed to inflationary pressures, but U.S. production is higher today, and U.S. ports are moving 27% more goods than before the pandemic. Inflation, driven by excess demand, always faces supply-chain problems as production struggles to keep up. But supply-chain problems increasingly are the result of inflation rather than its cause."