As Election Day draws near, one issue continues to be at the forefront of voters’ minds — inflation. While the effects of inflation are tangible and painful, the causes remain abstract and confusing to the average voter. Different pundits put forward different explanations, generally tied to things that most people spend very little time thinking about — supply chain disruptions, monetary policy, labor market tightness, and so on. But the one thing that sounds like it definitely did reduce inflation is also the thing that unequivocally did not: the Inflation Reduction Act (IRA).
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