Being anti-corporation doesn’t make you pro-worker, and laudable goals followed by misguided policies and postures is a recipe for disaster.
By now, it is clear that the American Rescue Plan Act’s $1.9 trillion stimulus was, as Larry Summers (former chief economic adviser to President Barack Obama) said, “the least responsible macroeconomic policy we’ve had in the last 40 years.” It should come as no surprise, then, that the country is experiencing the highest inflation in the same time frame.
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