What’s really causing America’s inflation woesWhat’s really causing America’s inflation woes FEE’s Brad Polumbo writes, “Consumer price inflation just hit the highest level in 30 years. Prices rose 6.2 percent from October 2020 to October 2021, according to new government data, prompting a new reckoning…Read more ›
Inflation hurts the poor the mostInflation hurts the poor the most Fox Business reports, “American consumers are grappling with the highest inflation rate in more than three decades, and the surge in the price of everyday goods is disproportionately hurting low-income workers, according to a…Read more ›
Inflation is a tax on the middle classInflation is a tax on the middle class The Hill reports, “Consumer prices grew far faster than expected in October, according to data released Wednesday by the Labor Department. The consumer price index (CPI), which tracks inflation for a range…Read more ›
Will Biden’s ‘Build Back Better’ plan really reduce inflation?Will Biden’s ‘Build Back Better’ plan really reduce inflation? FEE’s Brad Polumbo writes, “Inflation is hitting home for millions of Americans. In large part thanks to runaway money-printing, consumer prices have risen and are costing the average American family $175/month. This…Read more ›
Biden can’t make up his mind if inflation is good or badBiden can’t make up his mind if inflation is good or bad Inflation is rising at its fastest pace in three decades, and it’s gnawing away at Americans’ wages, savings, and aspirations. It’s making it harder for families to afford…Read more ›
Inflation ‘single biggest threat’ to financial markets and societyInflation ‘single biggest threat’ to financial markets and society CNBC reports, “(Paul) Jones said the trillions of dollars in fiscal and monetary stimulus is the impetus for inflation to run hotter for longer. To rescue the economy from the Covid-19…Read more ›
Dollar Tree loses its 35 year war with inflationDollar Tree loses its 35 year war with inflation FEE’s Peter Jacobsen writes, “Inflation has ruined one of my go-to examples for my macroeconomics students. Whenever I discuss inflation with my students, I test their understanding of economics by highlighting the…Read more ›
You can temporarily prop up the stock market… the result is inflationYou can temporarily prop up the stock market… the result is inflation Los Angeles’s KTLA reports, “Another jump in consumer prices in September sent inflation up 5.4% from where it was a year ago, matching the largest increase since 2008…Read more ›
Media downplays alarming new inflation reportMedia downplays alarming new inflation report Grocery prices have risen at a 4.3% annual pace since February 2020, marking the sharpest increase since 2012. American families are feeling these increased prices across the economy, especially for food, energy, and housing.…Read more ›
Spending and spending and spending…Spending and spending and spending… I joined Chris on @newsmax just moments ago to discuss the #BernieBudgetBust up for a vote tomorrow in the House. Spending and spending and spending while inflation is through the roof, the border crisis surges,…Read more ›