The consumer price index rose 7.5% from last year and inflation has skyrocketed. President Biden will do all he can to get inflation down, but by all indications this appears to be a false statement. If he wants to fix the problem then he must rescind his executive order closing down the XL pipeline, along with other pipelines, so that we can get more oil from all our sources. Also Prudow Bay needs to be reopened for petroleum extraction, followed by building pipelines and refineries so we can become oil-independent again. Nex, allow fracking again and let us get natural gas up and running. Finally, open all pipelines which this administration closed. Energy independence was once in full swing just two short years ago, and now’s the time to return to its proven production rate.
Inflation was caused by printing and dumping cash into the economy while not raising interest rates. My own personal approach is to pay off the national debt. Because if you continually borrow and don’t raise interest rates you will have the ability to stop inflation. When you print money and don’t raise interest then it’s basically worthless money with nothing shoring up our monetary system. If I were President of the United States I would pay off the national debt and pay off all school loans to help our graduating students start getting the jobs they trained and studied for in college, start a family, buy a new house, new car and start and having children, raising them to love this country and the people of the world with no bias. With money problems, jobs are tight, products cost much more, and people are swayed into hating other people through jealousy and outright arm-twisting. Joe, fix the economy now.