This is the problem with top-down governance to implement progressive plans.  Increases in costs generally, inflation, and (I know this for professional reasons) difficulty finding labor are at least partly attributable to education subsidies (why be a sucker and work when you can go to college to study anything regardless of practical use and have your loans forgiven?), overspending, and other progressive policies, and all are now interacting in corrosive ways.

While they’re convincing themselves and others that their schemes will work, central planners can only use the projections available to them at the time, which they’re also spinning and minimizing to pass other programs.  This is why market forces are preferable guides; they price in as much as possible, like the ultimate artificial intelligence algorithm.