Cookie Monster has a better grasp on the economy than Joe Biden

When Sesame Street’s Cookie Monster tweeted his exasperation with shrinkflation, leading to smaller cookies, Biden’s team jumped on it, blaming corporate America and greed.

Carol Roth is a former investment banker, entrepreneur and author of the new book "You Will Own Nothing" Broadside Books. Her previous books are "The War on Small Business" and the New York Times bestseller "The Entrepreneur Equation."

We were told there would be no inflation, that it would be "transitory," that it is good for you and only hurts the rich, that it was the consumers fault, it was business’ fault, it was Putin’s fault and it was backward looking – among other nonsense trying to justify the erosion of the middle and working class’ purchasing power.