Both top Democrat economist Larry Summers and top Republican economist Arthur Laffer agree that President Biden’s expected decision to forgive a massive portion of student loan debt will worsen inflation. “The White House is expected to announce a plan to cancel a chunk of student loan debt on Wednesday, in addition to an extension of the
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Over the weekend, President Biden touted the so-called “Inflation Reduction Act” by pointing out how it would advance climate legislation – which has nothing to do with inflation. “The Inflation Reduction Act
The Democrats’ “Inflation Reduction Act” would reduce after-tax incomes for Americans in every income bracket and will worsen inflation, according to a new report from the nonpartisan Tax Foundation. The Tax Foundation
On Tuesday, Walmart CEO Doug McMillon warned that the effects of inflation will be “with us basically forever” and explained how higher prices are affecting his corporation. According to a report from
On Monday, Democrat Congressman Jamie Raskin (MD) discussed the Democrats’ Inflation Reduction Act with reporters but refused to answer what about the bill would actually reduce inflation. Raskin was boasting about the
