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The recent rail worker settlement reminds us that Joe Biden, far from fighting inflation, is actually enabling price increases, in three important ways.
First, he will not stop spending. After crowing about the dubious deficit cuts contained in his Inflation Reduction Act, the president decided to cancel student debt to the tune of as much as another trillion dollars.
According to the nonpartisan Committee for a Responsible Federal Budget, in less than two years Biden has added $4.8 trillion to our long-term debt. That tsunami of government (taxpayer) spending is spurring the highest inflation in 40 years, crushing the well-being of average Americans.