Tag Archives: Inflation

Don’t fall for the inflation fear-mongering

Congress is back in session this week and negotiations over President Biden’s Build Back Better Act continue. House Democrats are waiting for the Congressional Budget Office (CBO) to release its cost estimate for the package and then, hopefully, a vote will be held immediately after, as soon as this Friday. There are still obstacles in the Senate, however. Some Senators, most notably Joe Manchin, claim to … Continue reading Don’t fall for the inflation fear-mongering »

What You Need to Know About Inflation

With consumers across the country ready to go out and spend again, many are seeing higher prices than they expected thanks to higher than normal levels of inflation. With some supply chains and businesses still struggling, supply is not quite meeting rising demand from a reopening economy, causing higher prices and a collective freakout by many members of the economic elite predicting disaster. Don’t listen … Continue reading What You Need to Know About Inflation »

Don’t Let Inflation Fears Stop COVID Relief

President Biden and his team have announced that about $1.9 trillion of additional money is needed due to the problems caused by the current pandemic.  That is about 9% of the size of the entire US economy — anyway you think about it, that is a big deal. The benefits of that are fairly well articulated by the administration, but because many on the right … Continue reading Don’t Let Inflation Fears Stop COVID Relief »