In the last year 33.8% of all personal income in the US came from the government. It’s crazy to think that number could go much higher but no wonder we are experiencing shortages of just about everything and inflation.
This is true to some extent and it explains 2% inflation, but the boring answer is that gasoline prices are rising much much faster than wages which is another 2% for 4% inflation in total.
Can’t find a link to an article but here is a writer for Bloomberg with reference to his graphs from Bloomberg.