Why do some people think inflation is not a problem?

I was also working during the 70s and 80s. The high interest rates were great for people like me who save. 15% interest on CDs, 10% on passbook savings, 5% on checking accounts. I lucked out and renewed CDs for 5 years just before rates started dropping,  it was great times 

At this point in the game, it's a necessary evil.

That's what your stimulus payment is for; get the country spending, and increase the tax revenue ( from an increase in the volume of spending) to service the national debt, and get the economy moving again

Inflation certainly is a problem, but you're wrong about "the bottom of the economic rung." Inflation reduces the real value of debt, so everyone who has fallen behind on their car/mortgage/loan/credit-card payments this past year would benefit from the rising salaries. Above them, anyone who is scraping by without debt but has no savings would barely notice inflation. Social security payments are adjusted for inflation, so anyone living on that alone would see no change. In fact, if prices of everything else rise as fast as medical care, it would improve the buying power of social security.

So who is hurt by inflation? People who have savings. That's the middle and upper classes. Except they're also the ones paying the majority of tax revenue. So while inflation is bad, the alternative way to reduce government debt, raising taxes, is also bad for the same people.

The government has generally tried to manipulate interest rates to keep inflation at 2-3%. The threat now is that because of the bad monetary policy over the past 10 years, they likely won't be able to keep inflation at this steady rate. When anything in the economy is unpredictable, security is going to cost more, and some people are going to get hurt.

Inflation almost destroyed the USA in the 1970s and early 80s, with our debt load today and economic competition from slave wage communist countries, we won't have the resiliency available to turn it around even with insane interest rates...  We cannot keep throwing trillions of dollars around like its parade candy.

Is there anyone in DC who can look past the end of their own nose to recognize what they are doing to the future? Look what happened to every nation on earth that lost control of their economics and the value of their currency, it was total disaster.

Its not just the minimum wage, thats a small piece,, we pay interest on our national debt every year, that is money that could have been used every year for infrastructure, social programs and other needs. Before Covid we were spending almost 500 billion dollars a year on interest alone that did nothing to help anyone. That's like standing in front of a campfire and dumping billions of dollars on it just to watch the pretty flames.

Now we have added  many trillions of dollars of additional debt with interest and we are setting ourselves on the path to force our interest rates to explode. This will drive our interest payments to trillions of dollars  that are wasted every single year and that will do absolutely nothing to help anyone. 

Meanwhile the brutal communist government in China which owns a lot of our debt will be spending all of our interest payments making themselves stronger and the democracies of the west weaker.

Inflation is something to worry about and its the biggest monster in the room, and our leaders are acting like its a cute little puppy.

cause its not a problem for them