How Inflation Is “Killing Middle The Class”
Inflation has been a major challenge that the Biden administration has been working to overcome yet financial experts at the recent Jackson Hole Economic Symposium agree inflationary pressure is going nowhere soon. Republicans have been criticizing President Biden’s loan forgiveness announcement, arguing that this will only worsen inflationary struggles. Following the stock market plunge on Friday, the Fed has indicated that it would raise interest rates in order to combat rising prices. Former Trump Economic Adviser and economist at the Heritage Foundation Stephen Moore joins the Rundown to discuss how these measures will be impacting American families, why student loans won’t make college more affordable and whether or not inflation will be stabilized any time soon.
Plus, commentary by Opinion Editor for The Washington Times Charlie Hurt.