The Democrats' inflation tax

When the Democrats passed President Joe Biden’s $1.9 trillion spending spree in March, a lot of people got a lot of free money — thousands of dollars in many cases. But the bill is already coming due for that free money, and, as many of us warned, it turns out that free money is expensive.

Indeed, it turns out that the very same families most harmed by the lockdowns will be those paying the bill for the lockdown relief. It comes to about $15,000 for an average family, and the first installment is already reflected in the rising inflation sapping the purchasing power of working families.