I don't disagree with you, this started under Biden, but besides housing, electricity prices are absolutely up. Even our monthly gas bill is like over double what it used to be. Gas does appear to be down.
While under Trump the rate of change (price increase) has slowed (that's the inflation part), stopping prices from rising does not deal with the increases that came about during the Biden Administration. Those prices will not magically go down because they have stopped skyrocketing.
Actually, it didn't start under Biden, but Obama, with his 'War on Coal'. We have a 500 year supply and coal-fired plants provided a stable power base for decades.
The Obama/Biden legacy is even more expensive electricity.
Gasoline prices have been somewhat relieved by less expensive Oil--we kept drilling, and despite the loss of over a million barrels per day capacity during COVID (plugged and abandoned stripper wells that produced<20 BOPD that will likely never be brought back on line) much of that lost daily production has been replaced by drilling new wells, especially in the Permian Basin, but in other areas as well. Some things can be addressed and fixed more quickly than others, and the industry is ever looking for more economical and efficient ways to produce more oil.
Electricity is facing increased demand ('data centers') which puts pressure on prices even as still functional coal fired power plants have been prematurely retired. The Green New Deal is not done sucking the green out of your pocket.
As for housing, Biden brought in 20 million (and multiplying) people and paid them to come here, be here, and that has put pressure on the housing market. In one, he hampered supply, in the other he increased demand. Both will cause increases in prices that will be sustained until either the demand drops (deportation), or the supply increases.
