"We can't push policies that cause deflation! That will cause people to put off buying things and cause a economic recession, which will cause more deflation leading to a neverending ending spiral! Lets just hold inflation to 2% per year and hope people's jobs eventually given them raises."

We have been putting off buying things for years! Houses, cars, cloths, food - if the price goes down, no one will go 'oh, I'm going to wait a bit longer and see if it goes down more'. No, we will buy like crazy! Every administration that ruled over this inflation spike - be them left wing or right wing - has seen their electoral chances tumble. But god forbid we see even a hint of deflation.