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TAG: inflation

Federal Reserve is right to suggest slowing rate hikes

Economies are not known for being simple things to untangle. Unlike in the physical sciences, where if you do enough calculations, you can shoot a projectile into an asteroid moving at an incredible speed 7 million miles away, the so-called laws of money deal with the hazier and less ...

Contrary to rumor, Democrats are better at the economy

A gallon of regular gasoline that cost over $5 in June now goes for about $3.80. So let’s all thank Joe Biden for the lower gas prices. Little to do with Biden, you say? You may be right. But if you blamed him for higher prices back then, why not give him credit now? The answer may be ...

Dems focusing on the wrong issues

by Ramesh Ponnuru A political party has a problem when voters think it has the wrong answers to their most important questions. It has a bigger problem when voters think it isn’t even focusing on those questions. Democrats have put themselves in that position, and it may cost them ...

Some inflation help from the other side

President Joe Biden and his designated message-deliverers just got some crucial, last-minute insights — from a most unlikely source — Wednesday night. It made clear how they should be talking about the only issue that almost half of Americans say they really care about in this ...

A moral case for higher interest rates

by Ramesh Ponnuru Federal Reserve Chair Jerome Powell’s efforts to cool down the economy are causing progressive criticism to heat up. He has been accused of wanting a “brutal” recession, trying to “throw millions of Americans out of work” and using “dangerous” rhetoric. ...