When tuck and tape is the national priority, things will tend to fall apart.
https://www.foxbusiness.com/media/kudlow-biden-administration-falling-apart
So, the Biden anti-inflation plan has crashed like a lead balloon.
Even their apology tour, with their leading players begging for forgiveness for having missed the inflation threat for a near 14 months, looks more like a hostage video than a real apology. See for yourself:
JANET YELLEN: Look, I think I was wrong then about the path that inflation would take. As I mentioned, there have been unanticipated and large shocks to the economy that have boosted energy and food prices and supply bottlenecks that have affected our economy badly that I, at the time, didn't fully understand.
Ms. Yellen, the president, and other spokespeople will not accept the reality that their modern monetary theory and radical progressive policies of excessive government spending, welfare state expansion, the war against fossil fuels, the regulatory attacks on businesses, and the money printing by the Federal Reserve are the root causes of the high inflation that still faces us and will continue problematically for a good, long while.
https://www.foxbusiness.com/media/kudlow-biden-administration-falling-apart
So, the Biden anti-inflation plan has crashed like a lead balloon.
Even their apology tour, with their leading players begging for forgiveness for having missed the inflation threat for a near 14 months, looks more like a hostage video than a real apology. See for yourself:
JANET YELLEN: Look, I think I was wrong then about the path that inflation would take. As I mentioned, there have been unanticipated and large shocks to the economy that have boosted energy and food prices and supply bottlenecks that have affected our economy badly that I, at the time, didn't fully understand.
Ms. Yellen, the president, and other spokespeople will not accept the reality that their modern monetary theory and radical progressive policies of excessive government spending, welfare state expansion, the war against fossil fuels, the regulatory attacks on businesses, and the money printing by the Federal Reserve are the root causes of the high inflation that still faces us and will continue problematically for a good, long while.
