Inflation was Inevitable But the White House Made It WORSE

The current administration has been on the hook for a LOT. And deservedly so. It seems like everything that could go wrong has. The thing at the top of everyone’s mind is obviously inflation.

Now, in order to strike a chord with the fairness community, I think we should acknowledge this one thing that is obviously true: Inflation was going to happen.

Before the current administration took office, we had already “spent” like $6 TRILLION. (I use “spent” in quotations because it mainly had just been approved and not actually put into circulation yet). Now regardless of whether or not you think that spending that money was a good idea, the fact is that it was already done. That much money being put into circulation and the shock to the system it would have seemed inevitable regardless of who won the 2020 presidential election.

In other words, inflation was going to happen.

Of course, it’ll be up to endless debate on whether or not we NEEDED to spend that money but what’s done is done and there are no takebacks. On the other hand though, despite inevitable inflation, it could not have been handled worse.

While I can acknowledge that inflation is not ENTIRELY the fault of the current administration, they did not handle it well. They rammed through an “infrastructure” plan that spent enormous amounts of money that we don’t have on things we don’t need and attempted to spend TRILLIONS via the Build Back Better plan. Only one Senator stood in its way.

Which then got me thinking… Given that inflation couldn’t possibly have been handled worse, maybe that was the plan? Given that there was nothing that the new administration could do to stop inflation, maybe they didn’t see it as all that bad if they made it just made worse BUT got to check some of their progressive boxes. Maybe they knew they were going to take the heat so they might as well get something out of it.

Cynical, yes. But not the worst political strategy we’ve ever seen. I don’t think we’ll ever official “know” if that was part of the calculus but it doesn’t seem like a hard argument to make.