It is difficult to imagine how the Biden administration can possibly spin the economic reality of increasing, unavoidable inflation making the economy weaker over the next year. However, somehow, they will try.
The AP is reporting that 68% of Americans now say the economy overall is their number one concern. Meanwhile, the federal reserve of New York is reporting the inflation results from December are likely to be the same, if not higher, than the inflation results in November.

The Biden administration has continued to push additional federal spending under the auspices of Build Back Better as the bridge to offset the impact from their Green New Deal energy policies. In fact, if you look at how the massive spending effort has been shaped, it becomes clear the overall goal is to push a new energy policy and then hide the impact by using COVID as the cover for the subsidies to try and offset the impacts.
It is a sneaky program when reviewed in totality. Shut down oil and natural gas production, cancel leases, block pipelines and use the regulatory arm to shut down any additional growth in the oil and gas industry, including refinery capacity. Then, try to hide the consequences by subsidizing the core constituencies who would normally be immediately impacted.
Unfortunately for the Biden architects, no amount of legislative spending is going to be able to offset the massive economic impact of implementing the Green New Deal by executive order, regulatory changes and administrative policy. The American people are not blind to consequences, and when they start to look deeper into the causes of this inflation, what they discover is easy to see.

Late December, the New York Times reported {
One example of this policy and urban dependency scheme is found in the Low Income Home Energy Assistance Program (LIHEAP).
Keep in mind, the November jobs report showed a decline in retail jobs of 29,000, and this report shows that despite November & December being the largest shopping months for holidays, the retail sector jobs were nonexistent.
