by Henry Oliner | Jul 31, 2022 | Economics, Environmental, Politics
While it is dubbed the Inflation Reduction Act of 2022 it is spoken of as a climate bill. I am skeptical that it accomplishes either. Inflation is a mismatch between supply and demand. To fight inflation you can decrease demand or increase supply. Raising taxes on...
by Henry Oliner | Jul 15, 2022 | Economics, Politics, Progressivism
Political Notes 2022 07 15 Biden has become a scapegoat Much of the inflation was baked into the economy before his inauguration. In panic mode from the pandemic, we dropped too much money on an economy while constraining supply in a massive way never seen. He may...
