Faced with the prospect of a tidal wave of Democratic Party losses in the upcoming midterms, the first incoherent President embarked on a mission to pass what he termed the most ‘progressive bill’ since FDR. Slimmed down from the infamous ‘Build Back Better’ bill that featured a series of unfunded spending pledges, the wasteful spendingContinue reading “Inflation Promotion Act?”
Category Archives: Fiscal Policy
Unbearable Unions
Unions. Source of much political and economic instability. The current inflation crisis, reminiscent of the 1970s, brings to light the chaos that they caused during that tumultuous decade. Thankfully, the efforts of successive Conservative and Labour administrations in the UK have limited their powers, relegating the Socialist dystopia of mass unionisation and collectivism to Marx’sContinue reading “Unbearable Unions”
Socialism vs. Free Market Capitalism
The debate of the 20th century is once again raging. Despite capitalism’s resounding defeat over the failing socialist regimes – the Soviet Union, Cuba, and North Korea particularly, far-left millennials insist on a return to these miserable times. A recent survey by YouGov found that a strong majority of Generation Z types and millennials viewedContinue reading “Socialism vs. Free Market Capitalism”
Do Deficits cause Inflation?
Deficit spending. The political norm in both the UK and US since the turn of the decade. At a time of spiralling inflation, the question of a link between deficits and inflation is once again coming into the fray. A huge increase in government spending and subsequent budget deficits arose prior to the inflation crisisContinue reading “Do Deficits cause Inflation?”
Free Marketeer 