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Sure, but two things were abundantly clear even to the political novice; trump wanted the vaccines approved asap and trump wanted the lockdowns lifted as soon as the vaccine became available to let the economy recover, even if it was just to save his own political skin.
If the CARES act was the only major spending bill related to COVID and we got more or less back to business as usual by fall 2020, it would have caused an inflationary period but the damage would have been limited and mitigated by a quick recovery.
There’s a big difference between taking 2000mg of Tylenol and taking 4000mg of Tylenol and four shots of whiskey.
The vast, disparate effects of what you might call the “lockdown political culture” deepened and accelerated this inflationary pressure by absolutely skull-fucking normal supply and demand. And that shit was 1000% on the heads of democrats.
All inflation is just too much money chasing too little goods. The absolutely psychotic extended lockdowns and the hair trigger response we had throughout the administrative state, which was in open rebellion against the Trump administration, caused a ton of problems both on the supply side and the demand side.
I saw this personally as I was privy to the cost increase in my industry which were largely a result of all these collective policies on both the federal level, and on the state and local level, all of which are heavily blue.
So my intuition is that trump might be responsible for like 15% of the inflation surrounding COVID, tops. And the super tight labor market that we had pre-COVID more than makes up for that, and the Trump administration can take at least partial credit for that.
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