systematically being replaced by other races. he s not alone. why are these demographic fears going mainstream in countries around the globe? i ll talk to two experts. but, first, here s my take. president biden says that combating inflation is his top domestic priority. but he certainly isn t acting that way. he has in plain sight several members that would reduce inflation significantly, and yet appears hesitant to do them. as many distinguished economists have noted, the repeal of most or all of donald trump s tariffs would be the single most effective way of reducing inflation 2349 near future. as a reminder, a tariff is a tax on goods paid by the american consumer who buys those goods. it is by definition inflationary. it raises the price of the good like an imported car. but it causes even more inflation than that because it raises the price of the domestically made equivalent good as well. if a mazda sells for more, ford and general motors also raise prices on thei
going mainstream in countries around the globe? i ll talk to two experts. but, first, here s my take. president biden says that combating inflation is his top domestic priority. but he certainly isn t acting that way. he has in plain sight several members that would reduce inflation significantly, and yet appears hesitant to do them. as many distinguished economists have noted, the repeal of most or all of donald trump s tariffs would be the single most effective way of reducing inflation 2349 near future. as a reminder, a tariff is a tax on goods paid by the american consumer who buys those goods. it is by definition inflationary. it raises the price of the good like an imported car. but it causes even more inflation than that because it raises the price of the domestically made equivalent good as well. if a mazda sells for more, ford and general motors also raise prices on their cars. the reverse logic applies as well. if you cut tariffs, that also has a broader effect.
Orban set about cowing institutional organizations in his favor, vowing moderates to toe his party line. why all of this is damaging to hungary s democracy and you can argue that hungary is no longer a democracy but maybe something else, competitive autocracy, this is something actively cheered by right wing nationalists elsewhere in the world and clearly here in the united states. cynthia, something you have been highlighting for a long time is this rise of culture issues relating to race, religion, things like that. it feels like orban really occupies that space. as ishaan said, it s not a particularly free market country. there s nothing about hungary s economy that s interesting. a lot of state subsidies, receiving eu subsidies but what
Pro government and nationalist. orban set about cowing institutional organizations in his favor, vowing moderates to toe his party line. why all of this is damaging to hungary s democracy and you can argue that hungary is no longer a democracy but maybe something else, competitive autocracy, this is something actively cheered by right wing nationalists elsewhere in the world and clearly here in the united states. cynthia, something you have been highlighting for a long time is this rise of culture issues relating to race, religion, things like that. it feels like orban really occupies that space. as ishaan said, it s not a particularly free market country. there s nothing about hungary s economy that s interesting. a lot of state subsidies, receiving eu subsidies but what
You can pinpoint in a moment here and say, he was right about that. but the thing i keep coming back to is this. we basically shut down america. but if the president or the leading officials in washington came around in mid-february, you need to cancel that nba season. you ve run a restaurant down the street, you have to close the door and lock it and you have to lay off your employees. how would a free market country take that medicine before they were able to identify the virus that was sweeping through our cities and our states? that would have been an exceedingly difficult pill to swallow. but i just wonder how gates would answer that query now.