New legislation would study corporate profits and give President Biden the authority to impose targeted price controls in sectors like housing and health care.
inflation
Posted inPolitics
Battling to a Win in 2022
Democrats have a path to victory, according to recent polling.
Posted inEnergy and the Environment
Inflation Reduction Bill Uses Public Finance to Stoke Energy Investment
Billions in public financing would keep investment flowing into energy sector despite interest rate hikes.
Posted inTAP
Another Airline Merger That Would Worsen Inflation
Today on TAP: The JetBlue buyout of low-cost Spirit Airlines faces certain action from Biden’s reinvigorated antitrust officials.
Posted inTAP
Biden Talks Up the Economy, While the Fed Mashes It Down
Today on TAP: Managing today’s economic crosscurrents is far from easy. The Fed is making things worse. So is Biden’s happy talk.
Posted inTAP
Manchin’s Big Lie
Today on TAP: He killed the Democrats’ bill because, he said, he was concerned about inflation. But the bill was anti-inflationary; what he really didn’t like was boosting green energy.
Posted inTAP
The Fed Is a One-Trick Pony
Today on TAP: And hiking interest rates when real wages lag far behind inflation is a dirty trick.
Posted inEconomic Policy
Recession at Internet Speed
The Fed’s rapid tightening is making everyone price in recession. That’s bad for reversing the fragilities in our economy.
Posted inEconomic Policy
How to Fight Inflation
Skanda Amarnath of Employ America talked to TAP about how optimal solutions for private companies make the economy brittle and vulnerable to future shocks.
Posted inEconomic Policy
The Federal Reserve Is Hiking Too Fast
Inflation is mostly not caused by spending, and the Fed will have no help if it causes a recession.
