President Biden's new student debt "relief" plan will ensure that college graduates will seek low-paying, low-impact jobs. They would have done as well or better had they not gone to college.
Governments never curb inflation because they benefit from it. Money creation is never neutral and disproportionately benefits the only monopolistic player in the economy: the state
Social democrats are so desperate to cast off limits on government that they'll embrace anything that justifies their ambitions. So they invent theories of money that are very, very wrong.
Three percent annual price inflation for ten years is a loss of purchasing power of 34 percent in what is already a disastrous inflationary environment. This is not "victory over price inflation."
Pennsylvania legislators don't claim to be putting people out of work or killing job opportunities. They claim they just want workers to earn more pay.
