By SI Filings May 16 2022 EconomicsInflationPew Research"Seven-in-ten Americans view inflation as a very big problem for the country, followed by the affordability of health care (55%) and violent crime (54%)." - Pew 548 reads There are 3 Comments Because ... 2 quotes Dave White - Mon, 05/16/2022 - 12:35pm Inflation is the cruelist tax - Nobel Laureate Milton Friedman It's the economy, stupid - James Carville Observation - everyone that I have a conversation with talks about inflation. It's really hurting people. It will cost the Dems in the mid-terms! And yet the Dems are not dgszweda - Tue, 05/17/2022 - 10:55am And yet the Dems are not responsible for it. You have pent up demand for products as a result of 2 years of lockup, you have plenty of cash in the system and you have a supply chain that can't keep up because of the lockdown. Most of it as a result of short term China policies. There is no quick fix for this and the fixes that are available are a bit painful. Raising interest rates will have a bit of an affect, but will only be painful for those that don't have money. The interest rate increase in the housing market is having absolutely no affect on the Florida housing market where I am at. Mostly because everyone coming down here is paying cash and interest rates are irrelevant to them. It's not a democrat josh p - Tue, 05/17/2022 - 12:23pm It's not a democrat/Republican thing. Every president, regardless of party, spends more than the last and continues to bury us in debt. Worse, they all accept Keynesian economics which proposes spending our way out of economic trouble. Given that free money is popular with most voters, this is unlikely to change anytime soon.