This is how you fight republicans on inflation

 So, we've been talking recently about how the GOP keeps repeating the "let's go brandon" lies regarding Biden and democrats being responsible for inflation. But Katie Porter just took republicans to town on this issue. And oh my gosh, it's freaking brilliant to see. Remember that chart I discussed a few months ago that showed how labor costs aren't responsible for most inflation and it was corporate profits? Yeah, she got up in front of congress and showed everyone that chart. And she basically demonstrated that yeah, over half of the inflation and price increases. And according to the person she was grilling, the numbers don't really budge. So let's kill this idea it's "nobody wants to work any more" and "free money". Labor costs are responsible for 8% of inflation. And the rest is basically "noninput labor costs", which is...supply chain issues. We STILL WOULD have elevated inflation if corporations weren't gauging people, but that inflation would be closer to 5% than of 9%. For the record, I would say we should keep inflation below say, 3-4% tops. The current fed target post 1982 is like 2%, which is insanely low, but yeah. 

This is why a lot of conservative ideas regarding inflation don't work right now. The fed is trying to "bring on the pain" by raising interest rates, but that's just gonna hurt people without solving the problem. IF the inflation were primarily labor cost driven, yeah, that would be the proper solution, but right now we're driving the country into a recession for no good reason, applying the wrong solution to the problem.

It should be noted the fed acts independently of the federal government and the biden administration and while they sometimes coordinate, like in the 1980s, here they're just getting trigger happy and going off on their own doing stuff. 

Also, if you STILL think conservatives would be better on inflation, let me introduce you to the UK basically having Liz Truss resign after 6 weeks on the job because of cutting taxes on the rich, driving the budget deficit through the roof, and implementing price controls driving the British economy into a tailspin. 

Don't vote for conservatives people. They aren't your friend, and any inflation reduction to happen under their watch is going to be coincidental. They have no idea what they're doing. They're just running against what the democrats are doing because...that's what they do.

I honestly wish more dems would be as on point as Katie Porter. Seriously, this needs to be televised nonstop around the country through election day. GREAT segment. Really owning the cons here.