Is that what they should call it? In any case, for all the bickering over inflation, the real news to me is that the Republicans just didn’t try very hard to fight it. Partly they are left with few good arguments after their own fiscal profligacy. Partly they are consumed with their own internal squabbles. And partly their own pollsters/advisors told them the thing is going to be pretty popular, at least initially and perhaps always.
In my view, this is the watershed event for entering a new era of politics. Polarization in the old sense peaked in 2011 or so. I call the new regime “Democrats can get a lot done if they soft pedal it, veer away from the mood affiliation, pretend they do not control the presidency, and stick to ideas that are popular.”
We’ll see how long that lasts, but I think for at least another year.