Building Back Badly: Biden’s Supply-Side Counterrevolution

Originally Published in the National Review

The one area where the Biden economy exceeded anybody’s wildest imagination has been in the rate of inflation.

With each passing week, the Biden economy keeps setting records — just not in the way the administration, or anybody, would like. A month ago, inflation reached a 31-year high. November’s inflation passed that mark by hitting a 39-year record of 6.8 percent, and economists expect inflation for 2021 as a whole to top 7 percent when the next CPI reading is released in early January 2022. According to a recent poll, the American people rate the Biden administration’s economic performance as the worst for any first-term president in at least 44 years — since Jimmy Carter. Recognizing the danger...

The The Full Article in the National Review