Link Between Government COVID-19 Policies and Inflation

Latest Polls (view all)

In the shadow of the political assassination of Charlie Kirk, founder of Turning USA, a stain now exists upon our nation's collective conscious, a condition that must be excised, or our nation will not function properly as one of a self-governed people. Understanding these long standing truths: What would you suggest as a quick, and, or proper corrective measure?

20% Destroy the Fascist Donald Trump and all of MAGA, because America must never be Great Again.

80% Our self-governed people, and their properly restored institutions, under President Trump, must discover the root causes to properly correct, and save our Constitutional Republic.

0% I thought we had to shut down Free Speech we don't like to save our "democracy," so I am totally confused now.

Click Here to Vote
10 Vote(s)

View all Polls

Link Between Government COVID-19 Policies and Inflation

Published: Tuesday, June 1st, 2021 @ 5:05 pm
By: John Locke Foundation ( More Entries )

Publisher's Note: This post appears here courtesy of the John Locke Foundation. The author of this post is Mitch Kokai.

Helen Raleigh writes at the Federalist about the role pandemic-inspired government policies have played in spurring inflation.

Besides food, gas, and cars, another category that significantly affects American families and American businesses is lumber. The price of lumber has gone up 340 percent since the lockdowns began. As of May 7, the cost per thousand board feet of lumber soared to $1,686, an all-time high. This surge is partly the result of a supply-demand mismatch caused by government policies.
Last year, government lockdowns caused many mills to halt production or even go out of business. Simultaneously, the demand for lumber went up when Americans who were forced to shelter at home rushed to buy materials for home improvement projects. Then the Federal Reserve responded to the lockdown-induced economic recession with near-zero interest rates, which contributed to a housing boom. This government-driven demand for DIY projects and new homes has exacerbated the lumber shortage and together driven up the price of lumber.
The high cost of lumber, in turn, has made new homes more expensive. According to the National Association of Home Builders (NAHB), expensive lumber costs now add $36,000 to the average of new homes. NAHB Chairman Chuck Fowke said in a statement. "This unprecedented price surge is hurting American home buyers and home builders and impeding housing and economic growth." ...
... While larger businesses may either have more capacity to absorb inflation or can afford to pass on higher costs to consumers, inflation hurts everyday working people the most because they have less ability to withstand price increases on a limited income. So they resort to penny-pinching: buying less than they need; switching from higher-quality brands to lower quality but cheaper brands; and postponing or foregoing specific expenditures such as eating out at restaurants or taking trips to visit friends or family. Since consumer spending drives about 70 percent of the U.S. economy, when consumers are cutting back, the U.S. economy will suffer.

Go Back

Login to Leave a Comment

Boosting American R&D the Right Way

John Locke Foundation Guest Editorial, Editorials, Op-Ed & Politics

Three North Carolina Schools Selected to Win Brand New $100k Don’t Quit!® Fitness Center

Latest Op-Ed & Politics

Mentally Ill, Repeat-Criminal Kills Young Ukrainian Female Refugee. Media Silent. Guess Why.

If a white person commits a crime against a black person, it is a national news story.

Published: Monday, September 15th, 2025 @ 5:21 pm By: Daily Wire

Bill to punish lenient judges introduced in Congress to stop criminal release

would allow civil lawsuit against judge if released criminal causes harm

Published: Monday, September 15th, 2025 @ 8:32 am By: John Steed

poll: 3 most popular politicians in France are all from anti-immigration right

good sign for next French election

Published: Sunday, September 14th, 2025 @ 9:17 pm By: John Steed

Charlie Kirk: A martyr for faith and freedom

By Rev. Mark Creech

Published: Sunday, September 14th, 2025 @ 5:43 pm By: Countrygirl1411

Venezuela Taunts U.S. Navy, Pentagon Fires Back

"This highly provocative move was designed to interfere with our counter narco-terror operations."

Published: Sunday, September 14th, 2025 @ 5:43 pm By: Daily Wire

Charlie Kirk, While Speaking to College Students on Campus, Was Shot Dead by an Assassin in Utah

Charlie Kirk, 31 years of age, who was renowned as one of the most important and influential college speakers /Leaders in many decades; founder of Turning Point USA, has been shot dead at Utah Valley University.

Published: Sunday, September 14th, 2025 @ 5:42 pm By: Stan Deatherage

Obama-Appointed Judge Blocks Trump’s Freeze On Harvard’s Federal Funding

The Trump administration took actions against Harvard related to the anti-Israel protests that roiled its campus.

Published: Sunday, September 14th, 2025 @ 5:33 pm By: Daily Wire

In Remembrance of 9/11

In remembrance of the day that will forever seer the concept of 'evil' in our minds, let's look back at that fateful morning, exactly 11 years ago today to that series of horrific events which unfolded before our unbelieving eyes......

Published: Sunday, September 14th, 2025 @ 5:32 pm By: Diane Rufino

Nigel Farage Spars With Dems As He Warns About ‘Authoritarian’ Crackdown On Free Speech

“This could happen to any American man or woman [who] goes to Heathrow."

Published: Sunday, September 14th, 2025 @ 5:31 pm By: Daily Wire

Charlie Kirk assassin lived with "transgender" partner who he asked for help UPDATED

transgender etchings on bullets now have basis shown

Published: Saturday, September 13th, 2025 @ 1:57 pm By: John Steed

Bleeding under the blade of lawlessness

By Rev. Mark Creech

Published: Saturday, September 13th, 2025 @ 12:22 pm By: Countrygirl1411

Judicial coup fail - Appeals Court nixs Dist Ct order on Planned Parenthood funds

crooked Biden judge had put herself above both president AND congress

Published: Friday, September 12th, 2025 @ 8:09 pm By: John Steed

Kamala Harris book backfires as Biden aides expose her glaring failures

Another failure for Harris

Published: Friday, September 12th, 2025 @ 4:04 pm By: Countrygirl1411

Charlie Kirk assassin tied to ANTIFA, used same message board as Butler shooter

Time to investigate Discord and its users

Published: Friday, September 12th, 2025 @ 3:54 pm By: John Steed

Young Brazilian woman is first refugee from "transgender" tyranny

faced 25 years in prison for "misgendering" a leftie tranny politician

Published: Friday, September 12th, 2025 @ 1:58 pm By: John Steed

RINO Tillis pooh-poohs conservative concerns about Charlie Kirk assassination

tone deaf to the end

Published: Friday, September 12th, 2025 @ 9:18 am By: John Steed

Illegal alien migrants behaving badly - migrants and crime NEWLY UPDATED

illegal alien "asylum seeker" migrants are a crime wave on both sides of the Atlantic

Published: Friday, September 12th, 2025 @ 7:34 am By: John Steed

Fentanyl Crisis Escalates In U.S. Workplaces As China Fuels Supply Chain

"Up from 0.91% in 2023 and double the rate in 2020"

Published: Thursday, September 11th, 2025 @ 9:59 pm By: Daily Wire

Bullets of Charlie Kirk assassin had transgender and ANTIFA words on them

Is this the latest act of "transgender" violence?

Published: Thursday, September 11th, 2025 @ 11:30 am By: John Steed

Ten Years (now 24 years later) After 9/11: a Recollection, a Time to Remember

It was a clear beautiful, royal blue sky day on Wall Street. The S & P futures were up markedly, awaiting a positive open, as I turn to get my first cup of coffee. I return to CNBC to get the morning business news, when I notice that the S & P futures are falling, and they're falling fast.