Latest Breaking News On - ஏன் நாடுகள் தோல்வி - Page 1 : comparemela.com

The real inflation risk Jul 12,2021 - Last updated at Jul 12,2021 CAMBRIDGE With the annual inflation rate in the United States reaching 5 per cent in May, economists and investors are right to be apprehensive about deficit spending, public debt, and the risk of sustained price growth, which is higher now than it has been for almost four decades. But it would be a mistake to respond to these concerns by pumping the brakes on the economy. No, the government cannot borrow and spend as much as it likes without paying any costs, as some progressives would have us believe. But nor can those worried about inflation ignore the deeper problem afflicting the US: Deep political polarisation, accompanied by an erosion of trust in government. A rapid economic recovery, spearheaded by public policies that encourage employment and wage growth, is the best chance the US has to restore trust in government, and in democracy. The real risk stemming from inflation is that it will distract us from

United kingdomUnited statesJamesa robinsonDonald trumpBarack obamaDaron acemogluGeorgew bushRepublican partyDemocratic partyWorld warRichard nixonWall streetWhy nations failNarrow corridorProject syndicateஒன்றுபட்டது கிஂக்டம்