Tornado Alley (PROG)

[fuagf]

Rule #3: Don’t worry about inflation. Constant warnings about soaring prices .. https://www.nytimes.com/2014/07/07/opinion/paul-krugman-conservative-delusions-about-inflation.html , combined with false claims that the government was hiding the true rate of inflation (no, this sort of thing didn’t begin with Trump) also marked the Obama years; but inflation never took off. Nonetheless, the usual suspects are ramping up .. https://www.bloomberg.com/opinion/articles/2021-01-05/as-the-stimulus-debate-rages-trust-government-inflation-numbers?sref=qzusa8bC .. to try it again.

So this is a good time to emphasize one key lesson .. https://www.nytimes.com/2021/01/11/upshot/trump-economy-lessons-biden.html .. from the Trump years: We can run a “hot” economy, with low unemployment and large budget deficits, without runaway inflation. And Biden should do everything he can to make the American economy hot again.

But he shouldn’t expect any help from the opposition party.

That's from - Four Rules That Should Guide Bidenomics
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