The inflation situation is pretty simple

Supply-chain problems are overhyped — we did a lot of stimulus, and people are buying a lot of stuff

(Xinhua via Getty Images)

A few months ago, I wrote but never published a piece called “Joe Biden should brag more about the good economy.” And recently I’ve heard more Democrats advocating for exactly what I was arguing in the post — media coverage of the economy is excessively gloomy, people are doing well, and the White House should try to talk it up.