I guess at the times I've said this, it was at least a little bit in jest, though I do believe the statement to be accurate as it relates to the economy over the last decade - or at least since I've been paying attention.

Most recently, I used the expression when talking about the Biden administration's fruitless efforts to try and curb the price of oil. The administration is literally doing everything except making it easier for oil companies to  increase supply in the market.

The problem that the Biden administration is trying to address is high prices. This remains easily the biggest issue of consequence heading into midterm elections, and it may even wind up still being the biggest issue when the 2024 presidential election rolls around.