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Normally, I think it’s economically dishonest to blame an administration for complex, macroeconomic trends. But in this case, two specific policies — the war in Iran and the tariff war — have had a direct and ongoing impact on rising inflation.

And the White House essentially admitted as much earlier this week when they boasted about removing tariffs on beef — because tariffs cause higher prices.

May 14
at
7:55 PM
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