The Wall Street Journal published an op-ed by President Biden on Monday with the headline "My Plan for Fighting Inflation." Biden began by acknowledging that "Americans are anxious" about inflation, which he said had been "exacerbated" by the war in Ukraine. "With the right policies, the U.S. can transition from recovery to stable, steady growth and bring down inflation without giving up all these historic gains," Biden wrote. https://t.co/0JDfHQuEgM — Matthew Yglesias (@mattyglesias) May 31, 2022Brad Polumbo of the libertarian Based Politics had a different interpretation. Biden, Polumbo argued, failed to acknowledge that out-of-control government spending was also behind inflation or that the new spending he proposed would only make things worse.

Source: Wall Street Journal May 31, 2022 22:43 UTC