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Democrats want amnesia on inflation

theblaze.com · 11d · first reportShare

There’s a reason Democrats are focused on affordability: It is a daily reality, and many Democratic policies make it worse. Democrats have been running on “affordability” since Joe Biden left office and broke the party’s direct political connection to the inflation surge of his presidency. Yes, affordability is a problem. But you do not solve a problem by putting the people who helped cause it in charge of fixing it. When Biden took office in January 2021, inflation was 1.4%. By March, it was 2.6%, and by December, it hit 7%. It reached 7.5% in January 2022, topped 8% in March, and hit 9.1% in June — a 40-year high . By December 2022, it was still 6.5%. Inflation did not fall below 3% until the latter half of 2024, and it never returned to within one percentage point of the rate Biden inherited. Democrats spent much of the Biden years defending the administration’s economic record. Now they talk constantly about affordability, even though today’s price level still reflects the inflatio