Poll Results: What would you say is most responsible for rising inflation?

Last week, we asked readers, "What would you say is most responsible for rising inflation?" as many Americans begin to worry about the economy. A total of 1,711 readers shared their thoughts on this vital issue with six different response choices.

The vast majority of voters feel that government policy is the cause of rising inflation with 81.01 percent of the vote (1,386 readers). A number of others believe it's because of federal reserve policy with 6.55 percent (112 readers), while another group says it is the effects of COVID-19 lockdowns with 5.14 percent (88 readers).

Rounding out the poll, 4.91 percent (84 readers) blame the inflation on disruptions in the supply chain with just 0.99 percent (17 readers) believing it is the result of corporate policy. Finally, 1.4 percent (24 readers) think it could be due to other actions not listed on this poll.

The economy certainly prospered under President Trump and rebounded quickly under him as the country recovered from COVID-19 last year. President Biden's first few months, however, have left many worried in the short term with so many economic problems. Newt even recently discussed the gas shortages and rising prices on meats and other goods in a recent podcast.

While the Federal Reserve predicted inflation to rise and be healthy in the long run, others are not as confident. As businesses start to reopen and the Biden administration settles in, it will be interesting to see if these trends subside or spread to other areas of the world.