by Mitch Kokai
Senior Political Analyst, John Locke Foundation
With the 2022 midterms steadily approaching, leftists throughout the political and corporate media spheres are already preparing to blame any and all future rising inflation on Republicans should Democrats lose control of Congress.
During an event in Los Angeles on Thursday, President Joe Biden began to lay the groundwork for this new strategy. While attempting to talk up a previously passed infrastructure package, the Democrat president claimed that “if Republicans win” control of Congress next month, “inflation is going to get worse. It’s that simple.”
“Folks, you know, Republicans are going to make you — working, middle-class folks — pay higher taxes. … And the biggest corporations — and, by the way, in every single piece of legislation I’ve gotten passed with the help of the people here, we have not raised the tax on anybody making less than 400,000 bucks a year one penny,” Biden asserted, despite a report from the Congressional Budget Office analyzing the effects of the Democrats’ wrongly termed “Inflation Reduction Act” showing otherwise.
According to a new report from the Bureau of Labor Statistics, yearly inflation ending in September is up to 8.2 percent, while “[c]ore inflation, which factors out energy and food prices, rose to 6.6%, the highest mark since 1982.” Since Biden took office in January of last year, the prices of everyday commodities, from food to gasoline and energy, have all skyrocketed to levels not seen in decades.
Despite such cataclysmically awful numbers, Biden and company have repeatedly tried to downplay the economic effect inflation has had on average Americans. During a “60 Minutes” interview last month, for instance, the president proclaimed that the month-to-month inflation rate was “up just an inch, hardly at all.”