Originally Posted by
Smooth at FL450
The pandemic didn’t cause inflation, the response to it caused inflation. I’m old enough to remember my stimulus check being delayed so Trump could get his signature on it…
Stimulus under Trump is widely considered to contribute ~2% to inflation. Count another ~2% as normal inflation, that means the Biden Administration was responsible for 5 to 6% of the inflation we saw during his administration.
Funny how fast it came down once Trump was elected and better policies were put into place.