In this administration, it’s always someone else’s fault. Inflation is now the No. 1 concern of voters, so the White House first blamed COVID. Then Donald Trump’s tax cuts. Then Vladimir Putin. Then meatpackers and the poultry industry, Big Oil and pharmaceutical companies. Now, Democrats have identified a new inflationRead More
In this administration, it’s always someone else’s fault. Inflation is now the No. 1 concern of voters, so the White House first blamed COVID. Then Donald Trump’s tax cuts. Then Vladimir Putin.
In March, inflation jumped 8.5%, the biggest spike since 1981. Economic growth is expected to slow. Voters are expected to be angry. Yesterday, press secretary Jen Psaki warned, “We expect March CPI
History has a way of repeating itself. Or maybe it’s that people cling to defunct beliefs, stubbornly refusing to learn from experience. Such stubbornness is on display when pundits, legislators and President
Many people still blame today’s inflation on snags in globe-spanning supply chains. The chief proposed solution is to dismantle decades of globalization and bring production home. Some are also pushing for measures
The brutal invasion of Ukraine by Russia has renewed conservatives’ calls for large increases of our defense budget. The extra money, we are told, would fund more weapons to better prepare us
To quote a screaming John McEnroe: You cannot be serious! Last week, the Biden administration requested another $30 billion for COVID relief programs. Yes, I know that these days, $30 billion is
When I came to Washington, D.C., in 1985, Ronald Reagan was president. I was working for the Reagan budget office. We did something we weren’t very proud of at the time. We