A poll from Monmouth University on Wednesday revealed that the majority of people are concerned that President Joe Biden’s funding priorities will lead to inflation. Participants were asked how concerned they are that the spending plans could lead to a big jump in the price of goods and services. A total of 71 percent said they were either very or somewhat concerned about inflation because of the current administration’s spending levels. “A central economic criticism of Biden’s plans is that the spending will lead to spiraling inflation,” Monmouth stated in its report. “Those who are at least somewhat concerned about prices rising due to the proposed spending include majorities of Republicans (93%), independents (70%), and Democrats (55%).” Economist and former adviser to the Obama administration, Larry Summers, in April criticized the Biden administration’s spending levels as irresponsible and that they would likely to lead to inflation. “If you look at houses, …