Democrats are in denial about inflation

In recent months, many Democrats and their allies have approached the (political) problem of inflation by either denying any serious issue exists; or acknowledging it exists but demagoguing about its cause.

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Some lefty politicians and commentators have argued that inflation is not that big of a deal. Americans have been tricked into thinking things are bad mostly because the media (and/or Republicans) keep telling them things are bad, this argument goes. Articles such as this one, drawing attention to inflation, are to blame.

I actually agree that much of the economic coverage has fallen short. For example: Contrary to recent headlines, gas prices aren’t really at all-time highs, at least not when adjusted for the changing value of the dollar. And there has been much more emphasis on soaring prices (bad news, boo) than on dwindling unemployment (good news, yay!).

Yet, it’s delusional to think that ordinary people wouldn’t care much about inflation if only the media stopped discussing it. People notice when they pay more for groceries, rent, gasoline, pet food, diapers. It is painful. It is unsettling. And inflation affects a broader swath of people than does a change in the unemployment rate, so more people are going to complain.

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