Federal Spending Is the Problem with Inflation

Source: Future of Freedom Foundation
by Jacob G Hornberger

“Both conservatives and progressives are lamenting the soaring prices in the American economy. Not surprisingly, many of them are blaming the problem on Covid and, of course, on Russia. If only Covid hadn’t hit and if only Russia hadn’t invaded Ukraine, everything in the American economy would be hunky-dory. … Not surprisingly, both conservatives and progressives are refusing to confront the big elephant in the room — the one that is the root of the problem: out-of-control spending by the federal government, which has been going on a very long time.” (07/26/22)