Steve June 30, 2022
stimulus-spending-a-factor,-but-far-from-whole-story-on-inflation

Economists cite several reasons for high inflation in the United States, starting with the unprecedented circumstances created by the COVID-19 pandemic. But TV ads in midterm races across the country blame one culprit: stimulus spending by President Joe Biden’s administration. That spending — the American Rescue Plan, enacted in March 2021 — has been a factor “and not an unimportant one,” George Selgin, senior fellow and director emeritus of the, Read More