The once-rummaged shelves at grocery stores are full once more, but for parents stocking up on snacks and summer cookout supplies, something still looks wrong. Prices are on the rise.

Last week a few thousand residents from West Tennessee joined my tele-town hall to voice their concerns about rising prices at the store, at the pump and even further up the supply chain. Mark, who owns a small machine shop, told me, “Steel prices and wood prices are just going through the roof.” Mark isn’t wrong, and he isn’t alone. Nearly every product you could think of is more expensive now than it was at this time in 2020. The Bureau of Labor Statistics reported that the average prices for shoppers — also known as the Consumer Price Index — had the largest one-year increase since the 2008 housing crisis.

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