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Democrats never admit they are wrong with anything. They lie and blame the problems on someone else: those nasty republicans, the supreme court, and of course, Donald J Trump.
Elections have consequences, this is the direct result of allowing Pelosi to control the power of the purse and Biden's handlers to control the white house.
The people can do something about Pelosi in the fall but they are stuck with Biden's handlers for 2 more years.
You get what you vote for and the American people voted for inflation, recession, and authoritarianism. Hopefully they vote differently in the next 2 elections so we can start to turn things around.