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Government Spending Drives Inflation in North Carolina

North Carolina can’t catch a break under the Biden-Harris administration.

The federal government’s appalling response to Hurricane Helene almost surely cost lives, adding insult to the injury of the inflation that has been crushing Tar Heel State residents for 3 1/2 years. In fact, prices there have risen even faster than the national average.

The 40-year-high inflation that has afflicted North Carolinians specifically and Americans broadly started in Washington with runaway government spending. At the start of 2021, prices were rising at an annual rate of just 1.4%, and the economy was growing steadily.

Instead of allowing the economic recovery to simply continue and let one-time emergency COVID-19 spending expire, President Joe Biden pushed for trillions of dollars in new spending bills, bloated with left-wing boondoggles and special-interest handouts.

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