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There isn't a way to fix it and they actually aren't responsible. Taking fake responsibility would imply fault and suggest that voters ought to switch sides to the party which actually mismanaged the covid response which is absolutely nonsensical.
In 4 years, Trump "inflation not my fault, not the tariffs no..."
>> There isn't a way to fix it and they actually aren't responsible.

"Google, how do you fix inflation?"

We know inflation is the consequence of many factors, but it can be controlled by different entities at each stage. The two groups most instrumental in the fight against inflation are The Federal Reserve and the government.

The Fed using interest rate increases to make lending and investing more expensive is an example of monetary policy.

The Fed misread warnings in the spring of 2021 when it was clear to some that inflation was spreading. The Fed argued that inflation would be transitory and that it resulted from unusual circumstances, ranging from supply chain issues related to the abnormal demand that came from the end of the pandemic.

The government can use fiscal policy to fix inflation by increasing taxes or cutting spending. Increasing taxes leads to decreased individual demand and a reduction in the supply of money in the economy. As you can imagine, fiscal policy isn’t very popular because raising taxes is a difficult political move. The last thing that we want to hear when inflation is rising is that our taxes will also increase.

The government could use other fiscal policies to lower inflationary pressures. If Congress were to limit pandemic relief spending and focus on not making the deficit worse, that would assist in reducing inflation.

So no, there absolutely is ways to fix it and they 100% were responsible for it. The problem is when you constantly act like there isn't a problem, by the time they realized they had to fix it? It meant the cure is going to be worse than the disease - usually in the form of either cooling off the economy with interest rate hikes, or pushing the economy into a recession or increasing taxes or gasp cutting spending.

This is not graduate level economics we're talking here - its pretty common knowledge stuff. But if you say Biden wasn't responsible for the inflation on his watch, then by your logic you would have to excuse every president who had a poor economy because "its not their fault" and "there's no way to fix it."

Unfortunately, most people (like myself) know that's a load of poppycock and voted accordingly.

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