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As I See It

It’s the economy, stupid

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Whose fault is it? And more importantly, what can be done about it? Inflation continues to take more of our hard-earned pay, in everything from gas to groceries. The Consumer Price Index rose 8.3% in April compared to a year earlier. Poll after poll show American’s number one concern today is rising prices. Many factors are to blame, including the war in Ukraine, and supply chain issues. Some blame the President’s America Rescue Plan which put more money in people’s pockets, leading to higher demand in a world that simply couldn’t keep up. Others say corporations have gotten greedy, using inflation to raise prices while recording record profits. All are likely a factor. But one thing is clear; the President is getting the blame. Even though it is the Federal Reserve that is charged with ensuring price stability, and although there is little Biden or any other President could do to stop Russian tanks or unclog supply chains, it is the President who ultimately gets the blame. Remember, it’s the economy, stupid. Biden has correctly argued that the economy is still growing and unemployment is down. But that doesn’t make people feel better when they are paying more for everything. And unless the message changes, that could mean big trouble for Democrats in November.

Scott Robert Shaw serves as WIZM Program Director and News Director, and delivers the morning news on WKTY, Z-93 and 95.7 The Rock. Scott has been at Mid-West Family La Crosse since 1989, and authors Wisconsin's only daily radio editorial, "As I See It" heard on WIZM each weekday morning and afternoon.

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3 Comments

3 Comments

  1. Nick

    May 25, 2022 at 5:10 am

    Biden was warned his economic policy could trigger inflation. Anyone who said that was attacked and ridiculed. When inflation started to rise, he stated it was no big deal.
    Well, I am retired and like millions of retirees have my money in IRA’s.
    We are taking a huge beating. It has affected us and the President does not care.
    He should get the blame. He is as much a disaster as Trump was.

  2. Richard Lepsch

    May 25, 2022 at 5:46 am

    How come it’s not bidens fault, his policies started this rise we were told this would happen, and as usually democrats blame everyone but them selves, So if it’s not Bidens or the democrats in congress, then it must be the 81 million so called voters, you know the ones. The Living. The Dead. The Criminals. The Illegals. And 2000 MULES. Stolden elections have consequences.

  3. Mike Sladky

    May 25, 2022 at 9:06 am

    Hey Robert, Gas prices rose 43% for 12 months ending in April 2022! I think President Biden’s US energy policies are largely to blame. You might want to publish a clarification to your article. Have a nice day.

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