Exactly the opposite. Government spending and manipulating the markets instead of letting them work (i.e. setting interest rates) are the main culprits for the haves and have nots. Our economy was working for everyone (all classes, races, etc.) in early 2020 - lower taxes, minimum regulation, America first policies.
Furthermore, the supply issues that more and more are explaining the jump in prices were largely a function of artificial shutdowns (schools closed, workers unnecessarily quarantining for three weeks, blue states shutting down production and limiting the labor pool) - all instituted by socialist-style government mandates.
There is a reason the United States emerged as the world power. Capitalism and innovation works. Get out of the way government.
You should probably thank Obama for Trumps good fortunes.