Inflation Debates Heat Up Ahead of Election

Speakers at the Republican National Convention have criticized President Biden for high inflation, while economists argue that the issue stems from pandemic-related supply shortages and the Russia-Ukraine war, with some attributing minor blame to Biden's policies. Conversely, experts warn that Donald Trump's proposed tariffs and tax cuts could further exacerbate inflation and increase the national debt if he is re-elected. Despite lower unemployment rates during the Biden administration, inflation remains a contentious issue, with notable cooling in regions like South Florida. The Biden administration highlights these improvements, hoping to sway voters amid ongoing economic debates.