Shady
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That increase in inflation came with a sharp deceleration in personal income, which declined 13.1%. #Bidenomics
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Inflation is going to be a Global problem going forward, this year. The supply chain is broken right now and the price of many high-end items and the commodities they're made of have exponentially gone up in the past 2 Quarters.
Can't really pin this on Biden.
If anything this is a symptom that the economy has rebounded faster than the providers of Steel and Lumber had expected.
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