This is how it works. There’s a small business owner in rural New York. Let’s call her Cindy Lee, because Cindy Lou is already spoken for. Let’s say she owns a bowling alley. The economic strangulation caused by COVID-panic did nothing for her business, which is now hanging on by its fingernails. Neither did the …
Tag Archives: Biden inflation
No, Joe – It Ain’t So
On June 22, 2021, Jerome Powell, the Chairman of the Federal Reserve, reacted to a worrisome increase in the Consumer Price Index of 5.4%, year-over-year. “Inflation,” he solemnly noted to the scribbling classes, “is transitory”. Nothing to worry about, folks. His take was swiftly parroted by others in the Biden Administration and throughout the legacy …
