You do realize inflation is affecting everyone everywhere, right? In every country on earth? It's not just an American thing. At one point not too long ago, for example, Haiti was seeing 40% inflation.
Just so we're clear, it's a global issue. Anyone who blames Joe Biden for worldwide inflation is truly not playing with a full deck....
It's embarrassing to keep having these same conversations with people who have no idea what they're talking about.
Originally Posted by tommy156
I'm embarrassed for YOU, tommy.
Correct me if I'm wrong, but I don't believe you ever studied economics at a college or graduate level, did you?
Your dismissal of Biden's ownership of inflation is incredibly flippant, superficial and ignorant.
Inflation is BOTH "a global issue" and a domestic (home grown) issue. If it was entirely global, there would be no differences in inflation rates around the globe, right? Why do think inflation is so much higher in Haiti (your example) and lower in the countries chizzy mentioned? It's because different countries pursue different economic policies!

And those policies are chosen and implemented by the powers-that-be in each country!
Here is a partial list of the government policy tools affecting the economy in general and inflation in particular:
Fiscal policy (tax & spend)
Monetary policy (interest rates)
Trade and tariff policy
Energy policy
Regulatory policies
Exchange rate policy
Etc.
I could go on, but it would be embarrassing for you. Literally hundreds of policy decisions made by the federal government directly impact our rate of inflation. Some raise it, others lower it.
Anyone who shrugs inflation off as "a global issue" and fails to hold the Biden administration responsible for the impact of its own policy decisions on the rate at which the purchasing power of the US dollar is eroding is truly not playing with a full deck.