Americans Are Still Really Worried About Inflation
And for good reason: Even at 3.5 percent, inflation is running higher than it did in almost every year for three decades before 2021.
And for good reason: Even at 3.5 percent, inflation is running higher than it did in almost every year for three decades before 2021.
Money supposedly spent to help Americans may actually have done a lot of damage.
Despite their informal nature, those norms have historically constrained U.S. fiscal policy. But they're eroding.
Consumer prices rose 0.4 percent in March and the annual inflation rate ticked up to 3.5 percent, the highest rate seen since September.
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A 10 percent tariff on all imports would trigger more inflation at the grocery store, particularly for products such as fresh fruit and coffee.
The question of how best to measure inflation has no single and straightforward answer, but most people know that the president's economic claims aren't true.
Economic nationalists are claiming the deal endangers "national security" to convince Americans that a good deal for investors, employees, and the U.S. economy will somehow make America less secure. That's nonsense.
How Vietnam, Watergate, and stagflation supercharged the libertarian movement.
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The eroding value of the dollar inflicts pain, and Americans resent politicians who cause it.
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Shrinkflation is just inflation by another name, and two other facts to keep in mind during tonight's State of the Union address.
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A new economic paper explains why interest rates are the missing piece to understanding why people are unhappy about a seemingly strong economy.
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The policy is a true budget buster and is ineffective in the long term.
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The president criticized companies for selling "smaller-than-usual products" whose "price stays the same." But it was his and his predecessor's spending policies that caused the underlying issue.
Biden's economic policies gave us three years of excessive, wasteful, and poorly targeted federal spending.
The White House should stop taking policy and messaging tips from Elizabeth Warren.
The Massachusetts senator blames corporate greed for price increases that were caused by inflationary federal spending she supported.
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Biden's economic policies gave us three years of excessive, wasteful, and poorly targeted federal spending.
The reality raises questions about the kind of future we want to leave for the next generation.
The Biden administration's antitrust policy depends too much on the dubious belief that industrial concentration leads to higher prices.
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They will either reduce the ability to spend money or to cut taxes.
The rising prices throughout much of the economy make it a little easier to appreciate the things that seem to be inflation-proof, like video games.
Lawmakers can take small steps that are uncontroversial and bipartisan to jumpstart the fiscal stability process.
In today's innovative economy, there's no excuse for sending a gift card. The staff at Reason is here with some inspiration.
Should a federal government that is nearly $34 trillion in debt and can't manage basic operations be micromanaging fast-food business purchases?
The president touted the lower annualized inflation rate but blamed the companies themselves for higher prices, rather than government policies.
Higher prices created by a $20 minimum wage for burger joints will lead to fewer customers, reduced profits, fewer restaurants, and a loss of jobs.
Who needs better prices, products, and customer service?
The Copenhagen Consensus has long championed a cost-benefit approach for addressing the world's most critical environmental problems.
Higher rates lead to more debt, and more debt begets higher rates, and on and on. Get the picture?
Especially because the once-dismissed possibility of rising rates is now a reality.
The Federal Reserve's higher interest rates were supposed to trigger changes to fiscal policy. So far, that hasn't happened.
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Those sounding the loudest alarms about possible shutdowns are largely silent when Congress ignores its own budgetary rules. All that seems to matter is that government is metaphorically funded.
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The big spending has fueled higher inflation, resulted in larger-than-projected deficits, and contributed to a record level of debt.
When theories fail and economic rules reassert themselves, it’s human beings who feel pain.
Overall inflation rose 0.6 percent in August leading to an annualized rate of 3.7 percent.