Congress Keeps Choosing Inflation

Source: The Daily Economy
by Romina Boccia

“The Republican Party’s victory lap over no tax on tips and no tax on overtime rings hollow, considering persistent public frustration with the cost of living. It doesn’t help that Trump’s tariff war and the war in Iran are further fueling rising prices. And voter frustration isn’t just about recent price changes. It’s also about the lasting damage from the inflation surge of 2021–2022, which pushed the overall price level permanently higher. There’s one cure, however, that Washington continues to miss. Inflation is increasingly driven by unsustainable budget policy, and politicians on both sides of the aisle keep pouring gasoline on the fiscal fire.” (04/28/26)

https://thedailyeconomy.org/article/congress-keeps-choosing-inflation/